China's Banking Overseas Acquisition: Long-Term Performance and Causes

被引：0

作者：

Zhao, Yuhua ^{[1
]}

机构：

[1] Beijing Int Studies Univ, Beijing 100024, Peoples R China

来源：

PROCEEDINGS OF THE 2013 INTERNATIONAL CONFERENCE ON ADVANCES IN SOCIAL SCIENCE, HUMANITIES, AND MANAGEMENT | 2013年 / 43卷

关键词：

China's banking; Overseas acquisition; Long-term performance;

D O I：

暂无

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

One goal of this study is to investigate the long-term performance of CMB acquisition of WLB. The results reveal that its post- merger BHAR is negative and its profitability also decreases, although its post- performance shows an upward trend. The other goal of the research is the causes for its efficiency loss. Based on the analysis of net interest margin, cost to income ratio and the core capital adequacy, the study found that the main reason is that the high premium acquisition lowered CMB's core capital adequacy ratio, and thus restricts its growth of net interest income.

引用

页码：582 / 587

页数：6