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

Research output: Contribution to journalArticle

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.

Original languageSpanish
Pages (from-to)157-183
Number of pages27
JournalRevista de Economia Institucional
Volume20
Issue number38
DOIs
StatePublished - Jan 1 2018

Fingerprint

Banking
Mergers and acquisitions
Colombia
Adjustment costs
Global financial crisis
External shocks
Efficiency measures

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)

Cite this

Sarmientoa, Miguel ; Mutis, Hernando ; Cepedac, Andrés ; Pérez, Juan F. / Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia. In: Revista de Economia Institucional. 2018 ; Vol. 20, No. 38. pp. 157-183.
@article{c945ee50605a431a8944a1165a5398b1,
title = "Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia",
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.",
author = "Miguel Sarmientoa and Hernando Mutis and Andr{\'e}s Cepedac and P{\'e}rez, {Juan F.}",
year = "2018",
month = "1",
day = "1",
doi = "10.18601/01245996.v20n38.07",
language = "Espa{\~n}ol",
volume = "20",
pages = "157--183",
journal = "Revista de Economia Institucional",
issn = "0124-5996",
publisher = "Fundaci{\'o}n Universidad Externado de Colombia",
number = "38",

}

Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia. / Sarmientoa, Miguel; Mutis, Hernando; Cepedac, Andrés; Pérez, Juan F.

In: Revista de Economia Institucional, Vol. 20, No. 38, 01.01.2018, p. 157-183.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia

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.

UR - http://www.scopus.com/inward/record.url?scp=85046778022&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=85046778022&partnerID=8YFLogxK

U2 - 10.18601/01245996.v20n38.07

DO - 10.18601/01245996.v20n38.07

M3 - Artículo

AN - SCOPUS:85046778022

VL - 20

SP - 157

EP - 183

JO - Revista de Economia Institucional

JF - Revista de Economia Institucional

SN - 0124-5996

IS - 38

ER -