DC FieldValueLanguage
dc.contributor.authorHyz, Alina-
dc.contributor.authorGikas, Grigorios-
dc.date.accessioned2024-02-22T09:28:08Z-
dc.date.available2024-02-22T09:28:08Z-
dc.date.issued2010-
dc.identifierscopus-77955289493-
dc.identifier.isbn9781424477586-
dc.identifier.other77955289493-
dc.identifier.urihttps://uniwacris.uniwa.gr/handle/3000/1102-
dc.description.abstractThis article explores merger integration processes in the Polish banking sector and the way in which the merged banks cope with difficulties emanating from firm-specific and nation-specific differences. The first part of the article analyzes mergers and acquisitions that have taken place in Poland from 1997 and attempts to measure the reaction of the capital market to the merger announcements, estimate changes in profitability and cost ratios, and investigate the development of productivity. Three factors are identified that define the significance of merger integration process: (1) the degree of compatibility of administrative practices, organizational structures and organizational cultures; (2) the kind and degree of post-merger consolidation; (3) the nature of the relationship between the two organizations. The results indicate that merged banks in Poland have increased profitability and shareholders have also experienced positive abnormal returns. However, the improvements in cost-efficiency were not so clear. Acquisitions were less successful than mergers in transferring banking practices and were probably motivated by the quest for additional market power.en_US
dc.language.isoenen_US
dc.publisherIEEEen_US
dc.relation.ispartof2010 International Conference on Financial Theory and Engineering (ICFTE 2010)en_US
dc.subjectBanksen_US
dc.subjectConsolidation processen_US
dc.subjectCultural aspectsen_US
dc.subjectEfficiencyen_US
dc.subjectMergers and acquisitionsen_US
dc.titleConsolidation process in polish banking sector - Cultural aspectsen_US
dc.typeConference Paperen_US
dc.relation.conference2010 International Conference on Financial Theory and Engineering (ICFTE 2010), 18-20 June 2010, Dubai, United Arab Emiratesen_US
dc.identifier.doi10.1109/ICFTE.2010.5499402en_US
dc.identifier.scopus2-s2.0-77955289493-
dcterms.accessRights0en_US
dc.relation.deptDepartment of Accounting and Financeen_US
dc.relation.deptDepartment of Business Administrationen_US
dc.relation.facultySchool of Administrative, Economics and Social Sciencesen_US
dc.identifier.spage166en_US
dc.identifier.epage170en_US
dc.linkhttps://www.proceedings.com/content/008/008528webtoc.pdfen_US
dc.collaborationUniversity of West Attica (UNIWA)en_US
dc.subject.fieldSocial Sciencesen_US
dc.journalsSubscriptionen_US
dc.publicationPeer Revieweden_US
dc.countryGreeceen_US
local.metadatastatusnot verifieden_US
item.cerifentitytypePublications-
item.languageiso639-1en-
item.openairetypeConference Paper-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.fulltextNo Fulltext-
item.grantfulltextnone-
crisitem.author.deptDepartment of Accounting and Finance-
crisitem.author.deptDepartment of Business Administration-
crisitem.author.facultySchool of Administrative, Economics and Social Sciences-
crisitem.author.facultySchool of Administrative, Economics and Social Sciences-
crisitem.author.orcid0000-0002-0017-150X-
crisitem.author.parentorgSchool of Administrative, Economics and Social Sciences-
crisitem.author.parentorgSchool of Administrative, Economics and Social Sciences-
Appears in Collections:Book Chapter / Κεφάλαιο Βιβλίου
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