Análisis de las fusiones en el mercado bancario colombiano

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dc.audiencePolicymakerseng
dc.audienceResearcherseng
dc.audienceStudentseng
dc.audienceTeacherseng
dc.coverage.sucursalBogotáspa
dc.creatorEstrada, Dairo Ayiber
dc.date.accessioned2005-07-01T08:30:10Zeng
dc.date.available2015-12-06T08:30:10Zspa
dc.date.available2015-12-14T08:30:10Zspa
dc.date.available2017-10-24T08:30:10Zspa
dc.date.created2005-07-01spa
dc.date.issued2005-07eng
dc.descriptionAnaliza el rol de las fusiones sobre eficiencia en beneficios y el poder de mercado. El análisis utiliza datos del sistema financiero colombiano para el período 1996-2004.spa
dc.description.abstractIn recent years, different mergers have taken place both in the financial and manufacturing sectors. These processes have raised questions as to the policies implemented with regard to trade offs between profits via efficiency and those related to social costs, given the presence of greater market power. If profits due to efficiency surpass the resulting social losses as a result of increased market power, mergers then may be of interest from the economic and antitrust perspective. This analysis will look at mergers from different angles: first, mergers can improve cost efficiencies; second, they can improve the efficiency of benefits that involve combining raw materials and superior products , and third, they can provide greater price setting benefits by exercising market power. A greater concentration or participation of business enterprises within the market can provide the basis for intermediaries to establish higher rates for their goods or services, or to lower deposit rates without having efficiency improvements.eng
dc.format.extent11 páginas : gráficas, tablasspa
dc.format.mimetypePDFspa
dc.identifier.handlehttps://hdl.handle.net/20.500.12134/2079spa
dc.identifier.urihttps://repositorio.banrep.gov.co/handle/20.500.12134/2079spa
dc.language.isospaspa
dc.publisherBanco de la República de Colombiaspa
dc.relation.doihttps://doi.org/10.32468/tef.9spa
dc.relation.ispartofDocumentos de Trabajospa
dc.relation.ispartofseriesTemas de Estabilidad Financieraspa
dc.relation.isversionofTemas de Estabilidad Financiera ; No. 9spa
dc.relation.numbertef 9eng
dc.relation.repechttps://ideas.repec.org/p/bdr/temest/009.htmlspa
dc.rights.accessRightsOpen Accesseng
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0eng
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.spa
dc.rights.spaAcceso abiertospa
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/eng
dc.source.bibliographicCitationAkhavein, J.; Berger, A.; Humphrey, D. The Effects of Megamergers on Efficiency and Prices: Evidence from a Bank Profit Function. En: Review of Industrial Organization, 12, 95–139, 1997.spa
dc.source.bibliographicCitationBerger, A.; Humphrey, D. Megamergers in Banking and the Use of Cost Efficiency as an Antitrust Defense. En: Antitrust Bulletin, 37, 541–600, 1992.spa
dc.source.bibliographicCitationBresnahan. Competition and Collusion in the American automovile oligopoly: the 1955 price war. En: Journal of Industrial Economics 35, pp. 457–482, 1987.spa
dc.source.handleRepecRePEc:bdr:temest:009spa
dc.subjectReglas antimonopoliospa
dc.subjectEstudios comparadosspa
dc.subjectMercado bancariospa
dc.subjectEficienciaspa
dc.subjectColombiaspa
dc.subject.jelG21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgageseng
dc.subject.jelG34 - Mergers; Acquisitions; Restructuring; Corporate Governanceeng
dc.subject.jelG32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwilleng
dc.subject.jelspaG21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; Hipotecasspa
dc.subject.jelspaG34 - Fusiones; Adquisiciones; Reestructuraciones; Gobierno de la empresaspa
dc.subject.jelspaG32 - Política de financiación; riesgo financiero y gestión de riesgos; Estructura del capital y de la propiedad; Valor de empresa; fondo de comerciospa
dc.subject.keywordAntitrust ruleseng
dc.subject.keywordComparative studieseng
dc.subject.keywordBanking marketeng
dc.subject.keywordEfficiencyeng
dc.subject.keywordColombiaeng
dc.subject.lembFusiones bancarias -- Colombia -- 1996-2004spa
dc.subject.lembCompañías consolidadas -- Colombia -- 1996-2004spa
dc.subject.lembInstituciones financieras -- Colombia -- 1996-2004spa
dc.titleAnálisis de las fusiones en el mercado bancario colombianospa
dc.title.alternativeAn analysis of banking mergers in Colombiaspa
dc.typeWorking Papereng
dc.type.hasversionPublished Versioneng
dc.type.spaDocumentos de trabajospa

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