Header

UZH-Logo

Maintenance Infos

To what extent will the banking industry be globalized? A study of bank nationality and reach in 20 European nations


Berger, Allen N; Dai, Qinglei; Ongena, Steven; Smith, David C (2003). To what extent will the banking industry be globalized? A study of bank nationality and reach in 20 European nations. Journal of Banking and Finance, 27(3):383-415.

Abstract

We model two dimensions of bank globalization – bank nationality (a bank from the firm’s host nation, its home nation, or a third nation) and bank reach (a global, regional, or local bank) using a two-stage nested multinomial logit model. Our data set includes over 2000 foreign affiliates of multinational corporations operating in 20 European nations and over 250 banks that serve them. We find that these firms frequently use host nation banks for cash management services, and that bank reach may be strongly influenced by this choice of bank nationality. Our results suggest limits to the degree of future bank globalization.

Abstract

We model two dimensions of bank globalization – bank nationality (a bank from the firm’s host nation, its home nation, or a third nation) and bank reach (a global, regional, or local bank) using a two-stage nested multinomial logit model. Our data set includes over 2000 foreign affiliates of multinational corporations operating in 20 European nations and over 250 banks that serve them. We find that these firms frequently use host nation banks for cash management services, and that bank reach may be strongly influenced by this choice of bank nationality. Our results suggest limits to the degree of future bank globalization.

Statistics

Citations

Dimensions.ai Metrics
64 citations in Web of Science®
98 citations in Scopus®
Google Scholar™

Altmetrics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Banking and Finance
Dewey Decimal Classification:330 Economics
Scopus Subject Areas:Social Sciences & Humanities > Finance
Social Sciences & Humanities > Economics and Econometrics
Language:English
Date:March 2003
Deposited On:24 Nov 2020 15:17
Last Modified:24 Nov 2020 15:37
Publisher:Elsevier
ISSN:0378-4266
OA Status:Closed
Publisher DOI:https://doi.org/10.1016/S0378-4266(02)00386-2
Related URLs:https://www.sciencedirect.com/science/article/abs/pii/S0378426602003862?via%3Dihub
Other Identification Number:merlin-id:11792

Download

Full text not available from this repository.
View at publisher

Get full-text in a library