Recent evidence suggests that announcements of bank holding company acquisitions result in wealth transfers from the bidding to target shareholders. Empirically, this is demonstrated through ®ndings of negative average abnormal returns to bank holding company acquirers and positive average abnormal returns to targets on announcement. Using a sample of acquisitions from the early 1990sÐa period ...

This study aims to analyze the effect of institutional ownership, board size, capital expenditure, net working capital, liquidity, leverage, cash flow ratio on holding before and during COVID-19 pandemic, differences in average holding. Based purposive sampling, there are 85 manufacturing companies 2019-2020. Hypothesis testing with regression analysis Wilcoxon signed-rank test using SPSS. Rese...

Taking manufacturing companies of listed from 2015 to 2019 as samples, a fixed effect model is constructed explore the mechanism management’s shareholding and corporate cash holding behavior. The results show that significantly improves value reduces level. Financing constraint negatively moderates influence From perspective life cycle, it found that: for growing, mature, recession companies, m...

This study aims to determine whether the effect of Cash flow , Net working capital, Dividend payout ratio, Leverage, and Growth opportunity on holdings type research is quantitative by using secondary data annual financial statements. The population in amounted 47 enterprises. Sampling purposive sampling technique. Data analysis this uses analysis. object a mining company listed Indonesia Stock...

HOSE WHO WISH to determine why banks fail typically focus on the characteristics of banks and their local markets that make them vulnerable to losses.1 A key factor often overlooked, however, is capital injections by shareholders. A bank whose losses exceed its capital need not fail, if its shareholders (existing or new) inject sufficient additional funds to restore its capital ratio to a level...

This paper constructs a new measure of output for Bank Holding Companies (BHCs) over the period 1986 to 1999. This flow measure of bank value added follows from a unified model of bank operation that integrates theories of production, financial intermediation, and asset pricing. The primary contribution of the model is to demonstrate how one should account for risk when measuring the value adde...

I present evidence that the cross-guarantee authority granted to the FDIC by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 has unexpectedly strengthened the Federal Reserve's source-of-strength doctrine. In particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank or a bank affiliated with a one-b...