1 AIT Asian Institute of Technology

Stock price reaction to acquisitions in the banking sector in Singapore

AuthorGupta, Pooja
Call NumberAIT RSPR no.SM-04-82
Subject(s)Banks and banking--Singapore
Bank mergers--Singapore

NoteA research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management
PublisherAsian Institute of Technology
Series StatementResearch studies project report ; no. SM-04-82
AbstractMergers and acquisitions is a global trend now, especially in banking industry. A lot of studies of banking mergers have been done in U.S and Europe. All the prior studies give a mixed result signifying that M&A is a very complex area. Singapore, being a small country has a large and diversified group of local and foreign financial institutions, each offering a wide range of financial products and services. With such a fierce competition, local banks are facing though competition both regionally and internationally. To strengthen the position of the local banks, they are expanding themselves by acquiring other banks in the region. Thus this research focuses on comparing the three merger case studies to analyze the extent to which they generated shareholder wealth and how did the market reacted following those mergers.
Year2004
Corresponding Series Added EntryAsian Institute of Technology. Research studies project report ; no. SM-04-82
TypeResearch Study Project Report (RSPR)
SchoolSchool of Management
DepartmentOther Field of Studies (No Department)
Academic Program/FoSMaster of Business Administration (MBA) (Publication code=SM)
Chairperson(s)Venkatesh, Sundar;
Examination Committee(s)Singha Chiamsiri ;Tang, John C.S. ;
Scholarship Donor(s)AIT Fellowship ;
DegreeResearch Studies Project Report (M. BA.) - Asian Institute of Technology, 2004


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