<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0186-1042</journal-id>
<journal-title><![CDATA[Contaduría y administración]]></journal-title>
<abbrev-journal-title><![CDATA[Contad. Adm]]></abbrev-journal-title>
<issn>0186-1042</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0186-10422015000200367</article-id>
<article-id pub-id-type="doi">10.1016/S0186-1042(15)30005-X</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Spanish credit institutions: do efficiency and solvency support the first decisions on bank restructuring from a financial point of view 2008-2012?]]></article-title>
<article-title xml:lang="es"><![CDATA[Entidades de crédito españolas: ¿eficiencia y solvencia sustentan las primeras decisiones de reestructuración 2008-2012?]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Marín Hernández]]></surname>
<given-names><![CDATA[Salvador]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Gras Gil]]></surname>
<given-names><![CDATA[Ester]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Anton Renart]]></surname>
<given-names><![CDATA[Marcos]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="A01">
<institution><![CDATA[,Universidad de Murcia Facultad de Economía y Empresa ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>ES</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2015</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2015</year>
</pub-date>
<volume>60</volume>
<numero>2</numero>
<fpage>367</fpage>
<lpage>388</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0186-10422015000200367&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0186-10422015000200367&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0186-10422015000200367&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[The restructuring processes of the Spanish financial entities over the last years has led us to analyze financially how efficiency and solvency of banks and savings banks explain the decisions of incorporation and control of these entities. We analyze 51 Spanish financial entities for the period 2008-2012. The results show higher solvency and efficiency of banks over savings banks. On the other hand, after the first integrations it is observed that it is still early for these ratios to improve on the results obtained by the entities before the integrations. However, from the financial point of view, these integrations do explain how correct the start-up and intensification of the restructuring processes were. There are some exceptions to the global criteria, which are explained by the size, strength and structure of the business and the closeness of its financial management scope to the area and business structure of the bigger banking groups.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Los procesos de reestructuración de las entidades de crédito españolas en estos últimos años nos han llevado a analizar en qué medida la eficiencia y solvencia de estos dos tipos de entidades explican las decisiones de integración y dominio de las mismas viéndolo, únicamente, desde un punto de vista de análisis financiero. Para ello analizamos 51 entidades españolas en el periodo 2008-2012. Los resultados muestran unos mayores valores de solvencia y eficiencia de los bancos sobre las cajas. Por otro lado, se observa que aún es pronto para que, tras las primeras integraciones, estos ratios superen los mejores valores a nivel individual. No obstante, sí que explican estas concentraciones, desde el punto de vista abordado, el financiero, lo acertado del inicio e intensificación en los procesos de reestructuración, así como las decisiones de forma societaria de la entidad dominante y/o resultante tras la integración. Existe alguna excepción al criterio general aludido, siendo en tal caso explicada por el tamaño, fortaleza y estructura de negocio, más cercana en el campo de su gestión financiera al ámbito y estructura de negocio de los grandes grupos bancarios.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Reestructuración]]></kwd>
<kwd lng="es"><![CDATA[Sistema financiero]]></kwd>
<kwd lng="es"><![CDATA[Sistema institucional de protección]]></kwd>
<kwd lng="es"><![CDATA[Eficiencia]]></kwd>
<kwd lng="es"><![CDATA[Solvencia]]></kwd>
<kwd lng="en"><![CDATA[Restructuring]]></kwd>
<kwd lng="en"><![CDATA[Financial system]]></kwd>
<kwd lng="en"><![CDATA[Sistema institucional de protección]]></kwd>
<kwd lng="en"><![CDATA[Efficiency]]></kwd>
<kwd lng="en"><![CDATA[Solvency]]></kwd>
</kwd-group>
</article-meta>
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