P/B/871. Dissertation. Drivers of mergers and acquisitions in financial services industry

The dissertation investigates the reasons behind mergers and acquisitions (M&A) at the firm level and the industry level focusing on the financial services industry. The review of literature touches on the definition and types of M&A, the differences between mergers and acquisitions, the value discrepancy hypothesis, the market power theory, the factors underlying M&A, etc. Conclusions are made about the role of regulation policies and economic integration in determining the level on M&A at the industry level.