The Impact of M&As on the Romanian Banking System – an Event Study Approach

dc.contributor.author	Brodocianu, Mihaela
dc.contributor.author	Cazan, Sabina Andreea
dc.date.accessioned	2021-02-25T11:49:47Z
dc.date.available	2021-02-25T11:49:47Z
dc.date.issued	2016-12
dc.identifier.issn	2537-6179; 1857-436X
dc.identifier.uri	http://irek.ase.md:80/xmlui/handle/1234567890/1180
dc.description	BRODOCIANU, Mihaela, CAZAN, Sabina Andreea. The Impact of M&As on the Romanian Banking System – an Event Study Approach. Eastern European Journal of Regional Studies. December 2016, vol. 2, issue 2, pp. 56-65. ISSN 2537-6179; E-ISSN 1857-436X.	en_US
dc.description.abstract	The study aims to identify the relationship between the merger announcement, the stock prices and the market efficiency. Given the limited data, the analysis has been applied to only one financial institution which merged recently, Banca Transilvania. The results have shown that in the window period, abnormal returns have been identified as the news of the mergers was linked to the press. It can be concluded that the market reaction was positive not till after the official announcement was made. Overall, the acquisitions can be considered as a value added determinant, creating wealth.	en_US
dc.language.iso	en	en_US
dc.publisher	ASEM	en_US
dc.subject	bank mergers	en_US
dc.subject	event study analysis	en_US
dc.subject	market efficiency	en_US
dc.subject	stock prices	en_US
dc.title	The Impact of M&As on the Romanian Banking System – an Event Study Approach	en_US
dc.type	Article	en_US