The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China

This research focuses on the impact of mergers and acquisitions on the cost efficiency and stock price of China’s listed banks from 2008 to 2018,and further explores the relationship between cost efficiency and stock price. The results show that after the M&A , the cost efficiency has improved....

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Main Author: HU, JINGYU
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2019
Online Access:https://eprints.nottingham.ac.uk/58774/
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author HU, JINGYU
author_facet HU, JINGYU
author_sort HU, JINGYU
building Nottingham Research Data Repository
collection Online Access
description This research focuses on the impact of mergers and acquisitions on the cost efficiency and stock price of China’s listed banks from 2008 to 2018,and further explores the relationship between cost efficiency and stock price. The results show that after the M&A , the cost efficiency has improved. However, M&A do not improve short-term performance to banks. Finally, the regression result shows that there is a significant negative correlation between bank cost efficiency and stock price in a period of time before and after M&A.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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spelling nottingham-587742022-12-09T10:30:02Z https://eprints.nottingham.ac.uk/58774/ The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China HU, JINGYU This research focuses on the impact of mergers and acquisitions on the cost efficiency and stock price of China’s listed banks from 2008 to 2018,and further explores the relationship between cost efficiency and stock price. The results show that after the M&A , the cost efficiency has improved. However, M&A do not improve short-term performance to banks. Finally, the regression result shows that there is a significant negative correlation between bank cost efficiency and stock price in a period of time before and after M&A. 2019-12-01 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/58774/1/4336961%20%20N14157%20%20%20The%20link%20between%20X-efficiencies%20and%20the%20share%20prices%20of%20banks%20before%20and%20after%20M%26A.pdf HU, JINGYU (2019) The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China. [Dissertation (University of Nottingham only)]
spellingShingle HU, JINGYU
The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China
title The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China
title_full The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China
title_fullStr The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China
title_full_unstemmed The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China
title_short The link between X-efficiencies and the share prices of banks before and after M&A--Evidence from China
title_sort link between x-efficiencies and the share prices of banks before and after m&a--evidence from china
url https://eprints.nottingham.ac.uk/58774/