Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia

Miguel Sarmientoa; Hernando Mutis; Andrés Cepedac; Juan F. Pérez

doi:10.18601/01245996.v20n38.07

Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia

Translated title of the contribution: Impact of mergers and acquisitions on the efficiency of banking in Colombia

Miguel Sarmientoa
, Hernando Mutis
, Andrés Cepedac
, Juan F. Pérez

Technology, Engineering, Science and Mathematics - TICMA

Research output: Contribution to Journal › Research Article › peer-review

Abstract

This article evaluates the efficiency of Colombian banking using nonparametric border models. The results indicate that there has been a gradual increase in efficiency and that the global financial crisis of 2008 affected this trend. Since 2009 there has been a rapid recovery of efficiency measures, except for cost efficiency. This suggests that, in the face of external shocks, the adjustment costs of banks are greater. Mergers and acquisitions contribute to the increase in banking efficiency.

Translated title of the contribution	Impact of mergers and acquisitions on the efficiency of banking in Colombia
Original language	Spanish
Pages (from-to)	157-183
Number of pages	27
Journal	Revista de Economia Institucional
Volume	20
Issue number	38
DOIs	https://doi.org/10.18601/01245996.v20n38.07
State	Published - Jan 1 2018

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 10 Reduced Inequalities

All Science Journal Classification (ASJC) codes

Economics, Econometrics and Finance(all)

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10.18601/01245996.v20n38.07

Cite this

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abstract = "This article evaluates the efficiency of Colombian banking using nonparametric border models. The results indicate that there has been a gradual increase in efficiency and that the global financial crisis of 2008 affected this trend. Since 2009 there has been a rapid recovery of efficiency measures, except for cost efficiency. This suggests that, in the face of external shocks, the adjustment costs of banks are greater. Mergers and acquisitions contribute to the increase in banking efficiency.",

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AU - Sarmientoa, Miguel

AU - Mutis, Hernando

AU - Cepedac, Andrés

AU - Pérez, Juan F.

PY - 2018/1/1

Y1 - 2018/1/1

N2 - This article evaluates the efficiency of Colombian banking using nonparametric border models. The results indicate that there has been a gradual increase in efficiency and that the global financial crisis of 2008 affected this trend. Since 2009 there has been a rapid recovery of efficiency measures, except for cost efficiency. This suggests that, in the face of external shocks, the adjustment costs of banks are greater. Mergers and acquisitions contribute to the increase in banking efficiency.

AB - This article evaluates the efficiency of Colombian banking using nonparametric border models. The results indicate that there has been a gradual increase in efficiency and that the global financial crisis of 2008 affected this trend. Since 2009 there has been a rapid recovery of efficiency measures, except for cost efficiency. This suggests that, in the face of external shocks, the adjustment costs of banks are greater. Mergers and acquisitions contribute to the increase in banking efficiency.

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ER -

Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia

Abstract

UN SDGs

All Science Journal Classification (ASJC) codes

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