The Experts below are selected from a list of 38826 Experts worldwide ranked by ideXlab platform
Shane A Johnson - One of the best experts on this subject based on the ideXlab platform.
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bank regulatory size thresholds Merger and Acquisition behavior and small business lending
Journal of Corporate Finance, 2020Co-Authors: Shradha Bindal, Christa H S Bouwman, Shane A JohnsonAbstract:Size threshold-based regulatory requirements are pervasive in banking, but little is known about how they affect the Merger and Acquisition (M&A) behavior of banks around the thresholds. M&As cause discrete increases in size, so we hypothesize changes in banks' M&A behavior near regulatory size thresholds and associated real effects (changes in small business lending by the acquiring banks). We develop a novel research design that estimates indirect treatment effects for banks just below the thresholds. We find strong evidence of indirect treatment effects on bank M&A behavior and the small business lending of the merged banks. Our results illustrate the importance of indirect treatment effects in difference-in-differences studies involving size thresholds.
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regulatory size thresholds and Merger and Acquisition behavior
Social Science Research Network, 2017Co-Authors: Shradha Bindal, Christa H S Bouwman, Shane A JohnsonAbstract:Size threshold-based regulatory requirements are pervasive, but little is known about how they affect the Merger and Acquisition (M&A) behavior of firms around the thresholds. M&As cause discrete increases in size, so we hypothesize changes in firms’ M&A behavior near regulatory size thresholds. Our identification strategy relies on size thresholds imposed by the Dodd-Frank Act. We develop a novel research design that estimates indirect treatment effects for banks just below the thresholds. We find strong evidence of indirect treatment effects on M&A behavior. Our results also illustrate the limitations of a standard difference-in-differences approach to studying events that involve size thresholds.
Christa H S Bouwman - One of the best experts on this subject based on the ideXlab platform.
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bank regulatory size thresholds Merger and Acquisition behavior and small business lending
Journal of Corporate Finance, 2020Co-Authors: Shradha Bindal, Christa H S Bouwman, Shane A JohnsonAbstract:Size threshold-based regulatory requirements are pervasive in banking, but little is known about how they affect the Merger and Acquisition (M&A) behavior of banks around the thresholds. M&As cause discrete increases in size, so we hypothesize changes in banks' M&A behavior near regulatory size thresholds and associated real effects (changes in small business lending by the acquiring banks). We develop a novel research design that estimates indirect treatment effects for banks just below the thresholds. We find strong evidence of indirect treatment effects on bank M&A behavior and the small business lending of the merged banks. Our results illustrate the importance of indirect treatment effects in difference-in-differences studies involving size thresholds.
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regulatory size thresholds and Merger and Acquisition behavior
Social Science Research Network, 2017Co-Authors: Shradha Bindal, Christa H S Bouwman, Shane A JohnsonAbstract:Size threshold-based regulatory requirements are pervasive, but little is known about how they affect the Merger and Acquisition (M&A) behavior of firms around the thresholds. M&As cause discrete increases in size, so we hypothesize changes in firms’ M&A behavior near regulatory size thresholds. Our identification strategy relies on size thresholds imposed by the Dodd-Frank Act. We develop a novel research design that estimates indirect treatment effects for banks just below the thresholds. We find strong evidence of indirect treatment effects on M&A behavior. Our results also illustrate the limitations of a standard difference-in-differences approach to studying events that involve size thresholds.
Shradha Bindal - One of the best experts on this subject based on the ideXlab platform.
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bank regulatory size thresholds Merger and Acquisition behavior and small business lending
Journal of Corporate Finance, 2020Co-Authors: Shradha Bindal, Christa H S Bouwman, Shane A JohnsonAbstract:Size threshold-based regulatory requirements are pervasive in banking, but little is known about how they affect the Merger and Acquisition (M&A) behavior of banks around the thresholds. M&As cause discrete increases in size, so we hypothesize changes in banks' M&A behavior near regulatory size thresholds and associated real effects (changes in small business lending by the acquiring banks). We develop a novel research design that estimates indirect treatment effects for banks just below the thresholds. We find strong evidence of indirect treatment effects on bank M&A behavior and the small business lending of the merged banks. Our results illustrate the importance of indirect treatment effects in difference-in-differences studies involving size thresholds.
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regulatory size thresholds and Merger and Acquisition behavior
Social Science Research Network, 2017Co-Authors: Shradha Bindal, Christa H S Bouwman, Shane A JohnsonAbstract:Size threshold-based regulatory requirements are pervasive, but little is known about how they affect the Merger and Acquisition (M&A) behavior of firms around the thresholds. M&As cause discrete increases in size, so we hypothesize changes in firms’ M&A behavior near regulatory size thresholds. Our identification strategy relies on size thresholds imposed by the Dodd-Frank Act. We develop a novel research design that estimates indirect treatment effects for banks just below the thresholds. We find strong evidence of indirect treatment effects on M&A behavior. Our results also illustrate the limitations of a standard difference-in-differences approach to studying events that involve size thresholds.
John E Prescott - One of the best experts on this subject based on the ideXlab platform.
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A temporal perspective of Merger and Acquisition and strategic alliance initiatives: Review and future direction
Journal of Management, 2012Co-Authors: Weilei Shi, Jing Sun, John E PrescottAbstract:The incorporation of a temporal perspective in Merger and Acquisition (M&A) and alliance research has gained increasing popularity. Since a temporal perspective focuses on the manage- ment of time and its consequences, it contributes a unique value proposition to the M&A and alliance stream of research. Over the past 30 years researchers have explored a wide variety of topics and methodological approaches. As a result, research evidence has progressed in a some- what fragmented manner where its cumulative impact is difficult to discern. The purpose of this review is to systematically assess the underlying logic and contributions of a temporal lens for the M&A and alliance literature as well as identify core temporal constructs, mechanisms, relationships, and promising research directions. The authors’ review of 144 published articles not only catalogs the state of the art and accumulated knowledge but also identifies critical hurdles that need to be addressed to chart future research directions.
Weilei Shi - One of the best experts on this subject based on the ideXlab platform.
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A temporal perspective of Merger and Acquisition and strategic alliance initiatives: Review and future direction
Journal of Management, 2012Co-Authors: Weilei Shi, Jing Sun, John E PrescottAbstract:The incorporation of a temporal perspective in Merger and Acquisition (M&A) and alliance research has gained increasing popularity. Since a temporal perspective focuses on the manage- ment of time and its consequences, it contributes a unique value proposition to the M&A and alliance stream of research. Over the past 30 years researchers have explored a wide variety of topics and methodological approaches. As a result, research evidence has progressed in a some- what fragmented manner where its cumulative impact is difficult to discern. The purpose of this review is to systematically assess the underlying logic and contributions of a temporal lens for the M&A and alliance literature as well as identify core temporal constructs, mechanisms, relationships, and promising research directions. The authors’ review of 144 published articles not only catalogs the state of the art and accumulated knowledge but also identifies critical hurdles that need to be addressed to chart future research directions.
