000170152 001__ 170152
000170152 005__ 20260407115447.0
000170152 0248_ $$2sideral$$a100507
000170152 037__ $$aART-2017-100507
000170152 041__ $$aeng
000170152 100__ $$0(orcid)0000-0002-9416-2224$$aPina, Vicente$$uUniversidad de Zaragoza
000170152 245__ $$aMergers between savings banks. The solution for improving risk in the Spanish banking sector?
000170152 260__ $$c2017
000170152 5060_ $$aAccess copy available to the general public$$fUnrestricted
000170152 5203_ $$aThe objective of this paper is to study the changes in the performance of savings banks and the factors that influence the risk of these entities. The paper presents empirical evidence about the effect of mergers of savings banks, not only on performance but also on risk in the Spanish banking sector. First, in order to study the effectiveness of mergers we compare the economic-financial characteristics of savings banks before and after merging by carrying out the Mann-Whitney and Wilcoxon two-sample paired signed rank tests. Second, we carry out a multivariate regression to study risk determinants. Our findings indicate that the performance of savings banks has not improved from 2009 to 2012. Moreover, the size of the merged entity is directly related to the risk of the resulting entity, which denotes that mergers are not effective in obtaining a less risky banking sector.
000170152 536__ $$9info:eu-repo/grantAgreement/ES/DGA/S05$$9info:eu-repo/grantAgreement/ES/MINECO-FEDER/ECO2015-66240-P$$9info:eu-repo/grantAgreement/ES/UZ/UZ2014-SOC-05
000170152 540__ $$9info:eu-repo/semantics/openAccess$$aAll rights reserved$$uhttp://www.europeana.eu/rights/rr-f/
000170152 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000170152 700__ $$0(orcid)0000-0003-4623-1448$$aTorres, Lourdes$$uUniversidad de Zaragoza
000170152 700__ $$0(orcid)0000-0001-6661-1128$$aBachiller, Patricia$$uUniversidad de Zaragoza
000170152 7102_ $$14002$$2230$$aUniversidad de Zaragoza$$bDpto. Contabilidad y Finanzas$$cÁrea Economía Finan. y Contab.
000170152 773__ $$g15, 1 (2017), 63-84$$tInternational Review of Entrepreneurship$$x2009-2822
000170152 85641 $$uhttps://www.senatehall.com/entrepreneurship?article=560$$zTexto completo de la revista
000170152 8564_ $$s265556$$uhttps://zaguan.unizar.es/record/170152/files/texto_completo.pdf$$yPostprint
000170152 8564_ $$s1114637$$uhttps://zaguan.unizar.es/record/170152/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint
000170152 909CO $$ooai:zaguan.unizar.es:170152$$particulos$$pdriver
000170152 951__ $$a2026-03-26-14:30:34
000170152 980__ $$aARTICLE