The Impact of M&As on the Romanian Banking System – an Event Study Approach
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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
CSEI; ASEM
2016-12-01
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Series: | Eastern European Journal of Regional Studies |
Subjects: | |
Online Access: | http://www.csei.ase.md/journal/files/issue_22/EEJRS_0202_BRO.pdf |