ISBN:
9781783508181
Inhalt:
Purpose The purpose of this chapter is to reflect the impact of mergers and acquisitions processes on performance of Islamic banking industry in the United Kingdom through studying within. Design/Methodology/Approach The present research uses explanatory approach in order to examine the research problems, methodology used in the research is quantitative methods through calculating the long-term share prices performance of the UK Islamic banks’ sample. First, the researchers use the control Islamic bank in the event-time approach. The researchers calculate annual abnormal returns using the buy-and-hold abnormal return (BHAR) method over a period of five years, counting from the quarter of a year when the transaction is said to be effective. Research Findings The research findings found that there are significant differences in the Islamic mergers and acquisitions post-long-run performance of the UK Islamic banks to the control the crises that face the United Kingdom from 2007 to 2010. However, the acquiring Islamic bank in high-tech industries had a negative effect on their long-term performance. Limitations/Implications The present research has been applied for the Islamic banking industry in the United Kingdom after the Western Europe industry from 2007 to 2010. Practical Implication The main implementations of the present research is valuing UK banks carried out the Islamic mergers and acquisitions of a broad range of management disciplines encompassing the financial, strategic, behavioral, operational, and cross-cultural aspects of this challenging and high-risk activity. Originality/Value The Islamic mergers and acquisitions have placed a significant amount of value added on the motivation of large banks for engaging in banking mergers and acquisitions’ transactions.
In:
The developing role of Islamic banking and finance, Bingley, U.K. : Emerald, 2014, (2014), Seite 119-140, 9781783508181
In:
Emerald Group Publishing Limited
In:
year:2014
In:
pages:119-140
Sprache:
Englisch
DOI:
10.1108/S1569-3759(2014)0000095016
URL:
Volltext
(Deutschlandweit zugänglich)
