Article Per Year (5 Year)
p-Index From 2021 - 2026
1.456
P-Index
This Author published in this journals
All Journal Journal of Business and Management JURNAL MANAJEMEN BISNIS Journal of Economics and Business UBS Entrepreneurship Bisnis Manajemen Akuntansi (E-BISMA) Jurnal Locus Penelitian dan Pengabdian Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi) International Journal for Disaster and Development Interface Eduvest - Journal of Universal Studies Journal of Economic Development and Village Building
Ana Noveria
Unknown Affiliation
Aerospace Engineering Automotive Engineering Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Environmental Science Health Professions Industrial & Manufacturing Engineering Mathematics Neuroscience Social Sciences

Published : 21 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 21 Documents
Search

 1   2   3 
The Impact of Indonesian Banks' Mergers and Acquisitions on Performance and Market Power Tanubrata, Kezia Jovita; Noveria, Ana
Journal of Economics and Business UBS Vol. 14 No. 5 (2025): Journal of Economics and Business UBS
Publisher : Cv. Syntax Corporation Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52644/aetbmj76

Abstract

This study aims to analyze the impact of mergers and acquisitions (M&A) carried out by banks in Indonesia on market performance and strength. The wave of banking consolidation that occurred in Indonesia was driven by the encouragement from regulators to strengthen the resilience of the banking sector in Indonesia as well as the strategic goals of banks to increase their competitiveness. This study uses the staggered Difference-in-Differences (DiD) method developed by Callaway and Sant'Anna (2021), which allows comparisons between banks that have merged (treated) and banks that have not merged (control) in various different time periods. Using panel data taken from the Financial Services Authority (OJK) report for the 2017-2022 period, this study uses the variables Net Interest Margin (NIM) and Return on Equity (ROE) as indicators of profitability, BOPO as an indicator of efficiency, and the Lerner Index to measure market strength. Empirical results show that the impact of M&A on bank profitability and efficiency is heterogeneous between banks. Some banks have proven to be more efficient and more profitable after M&A, while others have experienced a decline in short-term profitability due to high integration costs and operational challenges. Nevertheless, the regression results show a consistent positive effect on market strength across the observed banks. These findings indicate that banks gain greater ability to price above marginal costs after M&A, in line with market power theory.
Co-Authors Arief Rahman Pratama Aryudho Mahardi Setianto Ceria Minati Singarimbun Dea Vibby Irsania Eka Puteri Febrandy Mazani Hasiholan, Matthew Giovanni Hermawan, Mega Kayom Mukti Nursalim Linggar Esty Hardini Nabila Zahra Widjana Nisa Iksi Rosa Nurliani, Alin Nursanthy Indah Hartini Rahmat Faikar Makarim Stefanus Reinhard Aditya Tanubrata, Kezia Jovita Vincentius Ivan