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This article extends the single-market measure of market power to a multimarket setting in order to develop the concept of effective market share--what the market share of the hypothetical, single-market [...]

Purpose--The present paper aims to examine the relationship between bank's characteristics and market characteristics and the probability of acquisition in the Greek banking industry. Design/methodology/approach--Logistic regression is used to examine a sample of 24 banks, 9 of which were acquired between 1998 and 2002. Findings--It is found that profit and cost efficiency, liquidity and capital strength do not seem to have an impact on the acquisition likelihood. Market share in terms of deposits, the number of branches, the annual growth of bank's total assets and the size of banks are negatively related to the acquisition likelihood. From the three market characteristics that were examined, the concentration of the five largest banks, the mean return on average assets of the industry and the average total assets growth, only the first one was found to have a negative and statistically significant impact on the acquisition likelihood. Research limitations/implications--Variables related to management incentives and corporate governance, which may have an impact on the acquisition likelihood, were not available and therefore have not been considered. It is hoped that future research will improve upon this. Practical implications--The results could be of interest to bank managers of potential targets that would like to know whether their bank is developing a profile similar to the typical target. Furthermore, knowledge of bank's and market characteristics that increase the probability of acquisition can be of particular interest to policy makers. Originality/value--The investigation of the characteristics that affect the likelihood that a bank will be acquired has been largely ignored with most studies in banks M&As using event study, operating performance or X-efficiency methodology to examine the effect of M&As on the stock prices or the performance of banks. Furthermore, the limited studies that have examined the characteristics of acquired banks have focused on the US market. The present paper adds to the literature by examining the Greek banking sector, which is different from the US one in many aspects. Keywords Banks, Acquisitions and mergers, Greece Paper type Research paper

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Gap (GPS) upgraded to Neutral from Underperform at Credit Suisse analyst Christian Buss saying [...]

KeyBanc analyst Evan Wingren remains positive on Activision Blizzard (ATVI), Electronic Arts (EA), and Take-Two (TTWO) after attending eSCon, a small eSports conference in Los Angeles. The analyst believes interest [...]

Wells Fargo analyst Peter Stabler notes that Microsoft LinkedIn is now distributing Sponsored Content ads via third-party sites and apps and ad exchanges. His checks with marketing developers suggest LinkedIn [...]

The results of an experiment conducted to analyze the effects of strategic mergers on a firm's share in differentiate market share are presented.

CEOs should keep their eyes on profits, not market share. Competitor-oriented strategies may drain the bottom line. Sports and war metaphors abound in business today. For example, one management book, […]

Silence is a public relations strategy guaranteed to sully a newspaper's image. Taking the zipped-lip approach can pave the way for others who are all too eager to do the [...]

Byline: David Rae the nitty gritty of growth Companies need to recognise the growth potential in their organisation as well as the marketplace to uncover new business opportunities, writes David [...]

On the heels of two Grammy wins--including best country album--Kacey Musgraves is the hottest thing in twang, so why are PDs tuning out? Is there anywhere Kacey Musgraves' arrow isn't [...]

Now that the year of pay-to-play investment banking is drawing to a close, has it made a difference? Have the securities firms that have used their commercial banking heft to [...]

CheckFree Corp. reaffirmed its position as the leading financial provider of electronic commerce products and services after reporting favorable earnings last week for its fiscal 2001, but analysts and investors [...]

Fidelity National Title Insurance Co. of Maricopa County has announced that the Phoenix company, which provides title and other real estate products, set a 21-year record for gross revenue and [...]

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Magazine editors were still in love with Jennifer Aniston in September, with the newly wed actress topping the newsstand popularity poll for the second straight month. The 'Friends' star made [...]

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Research companies step up mapping of online behavior [LONDON] Marketers' endless hunger for comprehensive data on Internet penetration and usage in the diverse European market will be fed by two [...]

THE UNDER-APPRECIATED mandarin fruit need not be limited to Christmas-time consumption, says UC horticulturist Louise Ferguson. With new varieties from Spain and others developed in California, sweet, ripe mandarins can [...]

The top hundred real estate companies in the U.S. are ranked by 2003 sale volumes. The top companies include, NRT Incorporated, which has $ 167,351.8 sales volume, followed by HomeServices of America Inc. with $ 49,362.0, and Weichert, REALTORS with $ 30,500.0.

The author examines the airline industry in Europe and the growing market share of Ryanair Holdings PLC. Topics include low-cost fares, service between secondary airports, and forecasts for up coming years.

Over the first seven months of 2004, there have been an unprecedented 12 new shaving product launches, according to Wilkinson Sword, as manufacturers vie for all-important young shavers, Key NPD, [...]

Long gone are the days when the average consumer woke up to a pinta on the doorstep, with supermarkets plunging milk delivery sales into long-term decline, from 3.5bn litres in [...]