Mumcu, Ayşe and Zenginobuz, Unal (2002): An analysis of mergers and acquisitions in the Turkish banking sector. Published in: Research in the Middle East Economics , Vol. Volume, (2005): pp. 133-162.
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We explore various aspects of mergers and acquisitions in the banking industry within a simple model that allows explicit comparison of sector performance before and after the mergers and acquisitions. The industry structure we look at involves a few dominant banks and a competitive fringe, which we take it as the structure most likely to resemble the Turkish banking industry in the aftermath of the ongoing restructuring process. Using a reasonable set of parameters to simulate the model, we do comparative statics exercises regarding the impact of mergers among domestic as well as with foreign banks on equilibrium outcomes.
|Item Type:||MPRA Paper|
|Original Title:||An analysis of mergers and acquisitions in the Turkish banking sector|
|Keywords:||banking; mergers and acquisitions; imperfect competition; Turkey|
|Subjects:||L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L13 - Oligopoly and Other Imperfect Markets
G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers ; Acquisitions ; Restructuring ; Corporate Governance
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages
|Depositing User:||Unal Zenginobuz|
|Date Deposited:||07. Oct 2006|
|Last Modified:||18. May 2015 20:12|
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