Proceso de reestructuración bancaria: análisis de las entidades participantes, fusionadas y nacionalizadas

In the nineties in the financial sector, there was an unprecedented process of mergers and acquisitions in Europe. This trend started in the United States in the eighties, quickly spreading to Europe. The study analyzes the variables that have a marginal effect on the probability by a financial inst...

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Bibliographic Details
Published in:Revista de métodos cuantitativos para la economía y la empresa 2017, Vol.23, p.137
Main Authors: Juan Antonio Jimber del Río, José María Caridad y Ocerin, Villamandos, Nuria Ceular
Format: Article
Language:Spanish
Subjects:
Absorption
Bank acquisitions & mergers
Debt restructuring
Econometrics
Economic models
Endogenous
Mergers
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Summary:In the nineties in the financial sector, there was an unprecedented process of mergers and acquisitions in Europe. This trend started in the United States in the eighties, quickly spreading to Europe. The study analyzes the variables that have a marginal effect on the probability by a financial institution to participate in a process of financial restructuring as a merged or nationalized entity. For this, categorical models with endogenous variable are used to represent the different situations of absorption being considered. In the modeling process we have used the usual econometric techniques for variable selection and their financial interpretability.
ISSN:1886-516X