Impacto de las fusiones y adquisiciones en la eficiencia de la banca en Colombia

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Autores

Miguel Sarmiento Hernando Mutis Andrés Cepeda Juan F. Pérez

Resumen

En este artículo se evalúa la eficiencia de la banca colombiana utilizando modelos de frontera no paramétricos. Los resultados indican que la industria bancaria ha presentado una tendencia creciente en su eficiencia, afectada por la crisis financiera global de 2008. A partir de 2009 se observa una rápida recuperación en las medidas de eficiencia, a excepción de la eficiencia en costos, lo cual sugiere que, ante choques externos, los costos de ajuste de la industria bancaria son mayores. Las fusiones y adquisiciones dentro de la industria contribuyen de forma importante al incremento en la eficiencia bancaria.

Palabras clave:

frontera de eficiencia, sistema financiero, métodos no paramétricos, fusiones y adquisiciones

Article Details

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