Record Details

An Analysis of Pre and Post-Acquisition Financial Performance of Target Czech Banks: A Comparative Analysis

Journal of Eastern European and Central Asian Research

View Archive Info
 
 
Field Value
 
Title An Analysis of Pre and Post-Acquisition Financial Performance of Target Czech Banks: A Comparative Analysis
 
Creator Pham, Long Hoang; The University of Economis, Prague.
 
Subject Economics, International Business
Eastern Europe, FDI
 
Description The objective of the study is to analyze and compare the pre and post-acquisitions financial performance of four banks, namely ČSOB, Komerční banka, Česká spořitelna and Hypoteční banka through ratio analysis, with greater emphasis on ROA, RONW, EPS, DE and NPM as financial efficiency parameters. Data were collected from the published annual report and accounts of the selected banks and were subsequently analyzed applying Wilcoxon signed rank test through statistical package for social sciences (SPSS). The data was being collected for three years before and after the acquisition. The study concluded that M&A of the selected firms have resulted in no significant change in the financial performance of these firms. Our study recommended that banks should be aiming more for profit for enhanced financial performance to reap the benefit of M&A in the Czech banking sector.
 
Publisher Institute of Eastern Europe and Central Asia
 
Contributor Internal Grant Agency at University of Economics, Prague - IGA, (grant no. F1 64/2014)
 
Date 2014-10-16
 
Type info:eu-repo/semantics/article
Peer-reviewed Articles
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier http://ieeca.org/journal/index.php/JEECAR/article/view/60
10.15549/jeecar.v1i2.60
 
Source Journal of Eastern European and Central Asian Research (JEECAR); Vol 1, No 2 (2014): Journal of Eastern European and Central Asian Research; 12
 
Language eng
 
Relation http://ieeca.org/journal/index.php/JEECAR/article/view/60/pdf_1
 
Rights The JEECAR journal allows the author(s) to hold the copyright and publishing rights of their own manuscript without restrictions.This journal applies the Creative Common Attribution Share Alike Licence to works we publish, and allows reuse and remixing of its content, in accordance with a CC-BY license.Authors are free to:  Share — copy and redistribute the material in any medium or format and Adapt — remix, transform, and build upon the material for any purpose, even commercially. Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. No additional restrictions — Author may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.The JEECAR Journal is committed to the editorial principles of all aspects of publication ethics and publication malpractice as assigned by the Committee on Public Ethics.