Citas bibligráficas
Santillan, K., (2020). El impacto de las fusiones horizontales sobre el desempeño bancario medido por el poder de mercado en el sistema financiero peruano. [Trabajo de investigación, Universidad Peruana de Ciencias Aplicadas (UPC)]. http://hdl.handle.net/10757/653593
Santillan, K., El impacto de las fusiones horizontales sobre el desempeño bancario medido por el poder de mercado en el sistema financiero peruano. [Trabajo de investigación]. PE: Universidad Peruana de Ciencias Aplicadas (UPC); 2020. http://hdl.handle.net/10757/653593
@misc{renati/392645,
title = "El impacto de las fusiones horizontales sobre el desempeño bancario medido por el poder de mercado en el sistema financiero peruano.",
author = "Santillan Quispe, Kharen Estefanni",
publisher = "Universidad Peruana de Ciencias Aplicadas (UPC)",
year = "2020"
}
The purpose of this document is to examine the impact of horizontal merger processes on the performance of the firm as measured by market power in the Peruvian financial sector. The Lerner Index is derived by estimating a translogarithmic cost function and the effect of the mergers of banking entities is examined in two types of periodicity: short-term and long-term effect. The analysis is carried out using panel data, at the bank level, through fixed effects models, during the period from July 2010 to December 2019. The results reveal that the Peruvian banking entities that have carried out a horizontal merger process have improved their banking performance in the financial industry measured by the Lerner Index, which explains the ability of the merged entities to modify their strategic behavior in a short term by defect of business reorganization, which causes the bank to increase its participation and size in the market and can exercise its market power by default of the strategy. However, the result of the contribution of the effect of the merger in a long-term period in market power is negative, which emphasizes the coexistence of associated factors at the company level or by external factors that depend on demand.
Este ítem está sujeto a una licencia Creative Commons Licencia Creative Commons