Banking Mergers and Acquisitions’ Performance and Executive Compensation in Europe

In this paper, we investigate whether managerial power and experience of executives influence M&A performance and whether there is a link between M&A performance and executive compensation. The aim is to understand if any causality relationship exists among executives power, bank performance...

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Bibliographic Details
Main Authors: F. Arnaboldi, A. Rym
Other Authors: L. Oxelheim, C. Wilborg
Format: Conference Object
Language:English
Published: Emerald 2008
Subjects:
Bank
Corporate Governance
Executive Compensation
Merger
Acquisition
Settore SECS-P/11 - Economia degli Intermediari Finanziari
Norway
Iceland
Online Access:http://hdl.handle.net/2434/52823
Description
Summary:In this paper, we investigate whether managerial power and experience of executives influence M&A performance and whether there is a link between M&A performance and executive compensation. The aim is to understand if any causality relationship exists among executives power, bank performance and their compensation in Europe. To assess banking performance and CEO compensation we use OLS regression model on 52 bank–to-bank M&A from EU15 countries plus Norway and Iceland. We find a positive significant relationship between managerial power and post deal bank performance.

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