{"id":4647,"date":"2021-06-14T08:07:33","date_gmt":"2021-06-14T00:07:33","guid":{"rendered":"https:\/\/www.ukm.my\/jem\/?post_type=article&p=4647"},"modified":"2022-07-27T12:13:52","modified_gmt":"2022-07-27T04:13:52","slug":"market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition","status":"publish","type":"article","link":"https:\/\/www.ukm.my\/jem\/article\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\/","title":{"rendered":"Market Risk and Efficiencies of the Malaysian Banking Industry: The Post-merger and Acquisition"},"content":{"rendered":"

This paper examines the effects of cost and profit efficiencies on post-merger bank market risk. We use Stochastic Frontier Analysis to estimate cost and profit efficiencies, and Value at Risk and Expected Shortfall to calculate the market risks. We measure the effects in panel analysis using data from banks listed on the Bursa Malaysia over the 2000\u20132015 period. The results show that the post-merger banks can sustain the market risk exposure from the global financial crisis. The increase in cost and profit efficiency increase the market risk. The findings could be used for the bank regulators and managers to focus on the efficiency-related initiatives to manage the market risk better.<\/p>\n","protected":false},"template":"","tags":[50,785,786,245],"jel-code":[],"article-type":[1329],"class_list":["entry","author-jem","post-4647","article","type-article","status-publish","tag-logit","tag-malaysian-bank","tag-market-risk","tag-stochastic-frontier-analysis","article-type-normal-article"],"yoast_head":"\nMarket Risk and Efficiencies of the Malaysian Banking Industry: The Post-merger and Acquisition | Jurnal Ekonomi Malaysia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ukm.my\/jem\/article\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Risk and Efficiencies of the Malaysian Banking Industry: The Post-merger and Acquisition | Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"og:description\" content=\"This paper examines the effects of cost and profit efficiencies on post-merger bank market risk. We use Stochastic Frontier Analysis to estimate cost and profit efficiencies, and Value at Risk and Expected Shortfall to calculate the market risks. We measure the effects in panel analysis using data from banks listedContinue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ukm.my\/jem\/article\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-27T04:13:52+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@EkonomiJurnal\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\\\/\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\\\/\",\"name\":\"Market Risk and Efficiencies of the Malaysian Banking Industry: The Post-merger and Acquisition | Jurnal Ekonomi Malaysia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#website\"},\"datePublished\":\"2021-06-14T00:07:33+00:00\",\"dateModified\":\"2022-07-27T04:13:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Articles\",\"item\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Market Risk and Efficiencies of the Malaysian Banking Industry: The Post-merger and Acquisition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#website\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\",\"name\":\"Jurnal Ekonomi Malaysia\",\"description\":\"Universiti Kebangsaan Malaysia\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#organization\",\"name\":\"Jurnal Ekonomi Malaysia\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/cropped-browser-icon-letter-1.png\",\"contentUrl\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/cropped-browser-icon-letter-1.png\",\"width\":512,\"height\":308,\"caption\":\"Jurnal Ekonomi Malaysia\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\",\"https:\\\/\\\/x.com\\\/EkonomiJurnal\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Market Risk and Efficiencies of the Malaysian Banking Industry: The Post-merger and Acquisition | Jurnal Ekonomi Malaysia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ukm.my\/jem\/article\/market-risk-and-efficiencies-of-the-malaysian-banking-industry-the-post-merger-and-acquisition\/","og_locale":"en_US","og_type":"article","og_title":"Market Risk and Efficiencies of the Malaysian Banking Industry: The Post-merger and Acquisition | Jurnal Ekonomi Malaysia","og_description":"This paper examines the effects of cost and profit efficiencies on post-merger bank market risk. 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