Brand new courtroom form of brand new supervisory control over financial mergers may therefore have essential implications for real passion
Doing work Records demonstrated since the PDF data files in this post resource Mobile phone File Style (PDF) records. Adobe Acrobat, a reader available for 100 % free on the web, must screen otherwise print PDF documents. (PDF Let)
The economical Perception away from Merger Manage Statutes FDIC Cardiovascular system for Economic Lookup Doing work Report Zero. 2008-12 Elena Carletti, Philipp Hartmann and you may Steven Ongena
Composed as the: Carletti, Elena, Philipp Hartmann, and you can Steven Ongena. “The economical Impression out-of Merger Handle Regulations.” Internationally Summary of Laws and you will Economics 42 (2015): 88-104.
Considering a unique dataset away from legislative changes in industrial places, we identify occurrences you to definitely strengthen the battle control over mergers and you can purchases, get to know their effect on banking institutions and non-however this is and you may give an explanation for other reactions seen having certain regulatory services of your financial field. Coating nineteen regions towards the months 1987 in order to 2004, we find that more competition-created merger handle advances the inventory cost out-of finance companies and you will reduces the latest inventory cost regarding low-financial firms.