Počet záznamů: 1
Foreign bank entry, bank efficiency and market power in Central and Eastern European Countries
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SYSNO ASEP 0342818 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název Foreign bank entry, bank efficiency and market power in Central and Eastern European Countries Tvůrce(i) Poghosyan, T. (AM)
Poghosyan, Arsen (NHU-C)Zdroj.dok. Economics of Transition - ISSN 0967-0750
Roč. 18, č. 3 (2010), s. 571-598Poč.str. 28 s. Jazyk dok. eng - angličtina Země vyd. GB - Velká Británie Klíč. slova foreign bank entry ; bank efficiency ; market power Vědní obor RIV AH - Ekonomie CEZ MSM0021620846 - NHU-C UT WOS 000276490100006 DOI 10.1111/j.1468-0351.2009.00378.x Anotace This article analyses the implications of the recently observed sharp expansion of foreign banks in the Central and Eastern European Countries (CEECs) as measured by equity ownership. We show that the mode of foreign entry has a pivotal impact on the post-entry performance of banks in CEECs. Foreign greenfield banks are characterized by superior cost efficiency, compared with domestic and foreign-acquired banks. The efficiency of foreign-acquired banks deteriorates in the initial year of acquisition, but improves thereafter. Banks acquired by foreigners have less market power relative to domestic and foreign greenfield banks. Overall, the CEEC banking sectors have benefited from the increased foreign bank participation, both in terms of higher efficiency and more competition. Pracoviště Národohospodářský ústav - CERGE Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2011
Počet záznamů: 1