04539oam 22010454 450 991082745330332120240402044853.01-4623-6080-71-4518-7418-91-4527-8133-81-282-84460-19786612844607(CKB)3170000000055400(SSID)ssj0000941809(PQKBManifestationID)11502209(PQKBTitleCode)TC0000941809(PQKBWorkID)10963947(PQKB)10146471(OCoLC)680613508(IMF)WPIEE2009273(MiAaPQ)EBC1606006(EXLCZ)99317000000005540020020129d2009 uf 0engurcn|||||||||txtccrBeing a Foreigner Among Domestic Banks : Asset or Liability? /Neeltje Horen, Stijn Claessens1st ed.Washington, D.C. :International Monetary Fund,2009.35 pIMF Working PapersBibliographic Level Mode of Issuance: Monograph1-4519-1834-8 Intro -- Contents -- I. Introduction -- II. Theoretical predictions and related literature -- III. Data and Empirical Methodology -- IV. Empirical Results -- V. Conclusions -- Tables -- 1.Review of Foreign Banking Performance Studies -- 2. Country Coverage and Characteristics of Banking Sector -- 3. Summary Statistics -- 4. Impact of Foreign Ownership on Profitability - Individual Country Regressions -- 5. Impact of foreign ownership on profitability - Home and host characteristics -- 6. Impact of foreign ownership on profitability - Distance -- Appendix Table -- 1. Variable Definitions and Sources -- References.Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves over time, possibly as they adapt, and is better when the home country is geographical or cultural (but not institutional) close to the host country. These findings show the importance of controlling for heterogeneity among foreign banks and help reconcile some contradictory results found in the literature on foreign banks' performance.IMF Working Papers; Working Paper ;No. 2009/273Banks and banking, InternationalInvestments, ForeignBanks and BankingimfFinance: GeneralimfMoney and Monetary PolicyimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfGeneral Financial Markets: General (includes Measurement and Data)imfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfBankingimfFinanceimfMonetary economicsimfForeign banksimfCommercial banksimfCompetitionimfBank creditimfBanks and banking, ForeignimfBanks and bankingimfCreditimfCzech RepublicimfBanks and banking, International.Investments, Foreign.Banks and BankingFinance: GeneralMoney and Monetary PolicyBanksDepository InstitutionsMicro Finance InstitutionsMortgagesGeneral Financial Markets: General (includes Measurement and Data)Monetary Policy, Central Banking, and the Supply of Money and Credit: GeneralBankingFinanceMonetary economicsForeign banksCommercial banksCompetitionBank creditBanks and banking, ForeignBanks and bankingCredit332.152Horen Neeltje1636707Claessens Stijn282431International Monetary Fund.DcWaIMFBOOK9910827453303321Being a Foreigner Among Domestic Banks4079528UNINA