Izvorni znanstveni članak
ASSESSING THE IMPACT OF FINANCIAL SECTOR RESTRUCTURING ON BANK PERFORMANCE IN A SMALL DEVELOPING ECONOMY
Fadzlan Sufian
Sažetak
The present paper examines the impact of mergers and acquisitions on the technical efficiency of the
Malaysian banking sector. The analysis consists of three stages. Firstly, by using the Data
Envelopment Analysis (DEA) approach, we calculate the technical, pure technical, and scale
efficiency of individual banks during the period 1997-2003. Secondly, we examine changes in the
efficiency of the Malaysian banking sector during the pre and post merger periods by using a series of
parametric and non-parametric univariate tests. Finally, we employ the multivariate regression
analysis to examine factors that influence the efficiency of Malaysian banks. Although the merger
program was unpopular, perceived by the market as impractical, and controversial, the empirical
findings from this study suggest that the merger program among the Malaysian domestic commercial
banks was driven by economic reasons.
Ključne riječi
Mergers and Acquisitions; Data Envelopment Analysis; Multivariate Regression Analysis; Malaysia
Hrčak ID:
57909
URI
Datum izdavanja:
1.7.2010.
Posjeta: 1.965 *