Bank Restructuring: Analysis of Participating, Merged and Nationalized Entities
DOI:
https://doi.org/10.46661/revmetodoscuanteconempresa.2690Keywords:
fusiones, nacionalizadas, efectos marginales, Basilea III, mergers, nationalized, marginal effects, Basel IIIAbstract
In the nineties in the financial sector, there was an unprecedented process of mergers and acquisitions in Europe. This trend started in the United States in the eighties, quickly spreading to Europe. The study analyzes the variables that have a marginal effect on the probability by a financial institution to participate in a process of financial restructuring as a merged or nationalized entity. For this, categorical models with endogenous variable are used to represent the different situations of absorption being considered. In the modeling process we have used the usual econometric techniques for variable selection and their financial interpretability.
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