Institutional Repository
Technical University of Crete
EN  |  EL

Search

Browse

My Space

Multicriteria classification models for the identification of targets and acquirers in the Asian banking sector

Zopounidis Konstantinos, Gaganis, Chrysovalantis, Pasiouras Fotios

Simple record


URIhttp://purl.tuc.gr/dl/dias/B1C8428B-BFBE-4546-9AD3-6A0DEE635B09-
Identifierhttp://www.sciencedirect.com/science/article/pii/S0377221709007942-
Identifierhttps://doi.org/10.1016/j.ejor.2009.10.026-
Languageen-
Extent8 pagesen
TitleMulticriteria classification models for the identification of targets and acquirers in the Asian banking sectoren
CreatorZopounidis Konstantinosen
CreatorΖοπουνιδης Κωνσταντινοςel
CreatorGaganis, Chrysovalantisen
CreatorPasiouras Fotiosen
CreatorΠασιουρας Φωτιοςel
PublisherElsevieren
Content SummaryThe purpose of the present study is the development of classification models for the identification of acquirers and targets in the Asian banking sector. We use a sample of 52 targets and 47 acquirers that were involved in acquisitions in 9 Asian banking markets during 1998–2004 and match them by country and time with an equal number of non-involved banks. The models are developed and validated through a tenfold cross-validation approach using two multicriteria decision aid techniques. For comparison purposes we also develop models through discriminant analysis. The results indicate that the multicriteria decision aid models are more efficient that the ones developed through discriminant analysis. Furthermore, in all the cases the models are more efficient in distinguishing between acquirers and non-involved banks than between targets and non-involved banks. Finally, the models with a binary outcome achieve higher accuracies than the ones which simultaneously distinguish between acquirers, targets and non-involved banks.en
Type of ItemPeer-Reviewed Journal Publicationen
Type of ItemΔημοσίευση σε Περιοδικό με Κριτέςel
Licensehttp://creativecommons.org/licenses/by/4.0/en
Date of Item2015-11-08-
Date of Publication2010-
SubjectMultiple criteria analysisen
SubjectAcquisitionsen
SubjectBanksen
Bibliographic CitationF. Pasiouras, C. Gaganis, and C. Zopounidis, "Multicriteria classification models for the identification of targets and acquirers in the Asian banking sector", Europ. J. Operat. Res., vol. 204, no. 2, pp. 328-335, Jul. 2010. doi:10.1016/j.ejor.2009.10.026en

Services

Statistics