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Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF APPLIED BUSINESS AND ECONOMICS


Fortune Favors the Bold: Evidence from an Emerging Market Bank Merger



Author(s): Dulani Jayasuriya Daluwathumullagamage

Citation: Dulani Jayasuriya Daluwathumullagamage, (2020) "Fortune Favors the Bold: Evidence from an Emerging Market Bank Merger," Journal of Applied Business and Economics, Vol. 22, Iss.1,  pp. 138-162

Article Type: Research paper

Publisher: North American Business Press

​Abstract:

This study analyses one of the largest and controversial mergers from the Philippine Banking sector and
links it to M&A theories: Firstly, this study survey prior M&A literature to identify merger motivations, synergies and factors affecting merger outcomes. Secondly, this study conducts a case study to link prior literature to a merger in an emerging economy. This merger provides an ideal setting for a case study, subsequent links to M&A theories and generalizable lessons for future bank mergers in emerging markets. Furthermore, this study identifies key factors and steps taken by the acquiring bank management to obtain success such as doubling net income, assets and becoming the number one bank in Philippines post-merger.