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Motives Involved in the Processes of Mergers in Credit Unions: A Study in Minas Gerais, Brazil
International Business Research
This study aims to identify the reasons that led credit unions in the State of Minas Gerais, Brazil, to carry out processes of incorporation, based on the motives included in the theory of the firm and the agency theory: asymmetrical expectations, compensation and tax incentives, replacement costs and market values, seek for economies of scale, anticompetitive effects and pursuit of monopoly power and reducing the risk of insolvency. We investigated four credit unions that have undergonedoi:10.5539/ibr.v6n12p95 fatcat:6hldk2vq5zafdi2hfwdynxxyja