Abstract

http://ssrn.com/abstract=1296402
 
 

Citations (143)



 


 



The Effects of Bank Mergers and Acquisitions on Small Business Lending


Allen N. Berger


University of South Carolina - Moore School of Business; Wharton Financial Institutions Center; European Banking Center

Anthony Saunders


New York University - Leonard N. Stern School of Business

Joseph M. Scalise


University of Pennsylvania, Wharton School; Bain & Company

Gregory F. Udell


Indiana University - Kelley School of Business - Department of Finance

January 1998

NYU Working Paper No. FIN-98-007

Abstract:     
We examine the effects of bank M&As on small business lending using data on over 6,000 recent U.S. bank M&As. We are the first to decompose the impact of M&As into static effects from simply melding the antecedent institutions, and dynamic effects associated with post-M&A refocusing of the consolidated institution. We are also the first to estimate the dynamic reactions of other local banks. We find that the static effects of consolidation reduce small business lending, but are mostly offset by the reactions of other banks, and in some cases also by refocusing efforts of the consolidating institutions themselves.

Number of Pages in PDF File: 47

Keywords: Bank, Mergers, Small Business

working papers series





Download This Paper

Date posted: November 7, 2008  

Suggested Citation

Berger, Allen N. and Saunders, Anthony and Scalise, Joseph M. and Udell, Gregory F., The Effects of Bank Mergers and Acquisitions on Small Business Lending (January 1998). NYU Working Paper No. FIN-98-007. Available at SSRN: http://ssrn.com/abstract=1296402

Contact Information

Allen N. Berger (Contact Author)
University of South Carolina - Moore School of Business ( email )
1705 College St
Francis M. Hipp Building
Columbia, SC 29208
United States
803-576-8440 (Phone)
803-777-6876 (Fax)
Wharton Financial Institutions Center
Philadelphia, PA 19104-6367
United States
European Banking Center
P.O. Box 90153
Tilburg, 5000 LE
Netherlands
Anthony Saunders
New York University - Leonard N. Stern School of Business ( email )
44 West 4th Street
9-190, MEC
New York, NY 10012-1126
United States
212-998-0711 (Phone)
212-995-4220 (Fax)
Joseph M. Scalise
University of Pennsylvania, Wharton School ( email )
3641 Locust Walk
Philadelphia, PA 19104-6365
United States
Bain & Company
Two Copley Place
Boston, MA 02118
Gregory F. Udell
Indiana University - Kelley School of Business - Department of Finance ( email )
1309 E. 10th St.
Bloomington, IN 47405
United States

Feedback to SSRN


Paper statistics
Abstract Views: 654
Downloads: 85
Download Rank: 146,354
Citations:  143

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.297 seconds