The Bigger the Better? Merger and Acquisition Performance of Financial Holding Corporations Empirical Evidence from Taiwan

被引：8

作者：

Lin, Chuang-Yuang ^{[1
]}

Lee, Hung-Ta ^{[2
]}

机构：

[1] Natl Taipei Univ, Dept Business Adm, Taipei, Taiwan

[2] China Univ Technol, Dept Business Adm, Hu Kou, Taiwan

来源：

EMERGING MARKETS FINANCE AND TRADE | 2010年 / 46卷 / 01期

关键词：

financial holding corporation; financial reform; performance of merger and acquisitions; Taiwan; Tobin's Q; MEGAMERGERS;

D O I：

10.2753/REE1540-496X460109

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study investigates the performance of the merger and acquisition activities of 14 financial holding corporations (FHCs) in Taiwan before and after their establishment in 2002. We find weak evidence of improved performance of FHCs. The findings have implications for other reforming emerging countries in East Asia with similar economic structures and financial environment.

引用

页码：96 / 107

页数：12

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