The impact of competition on the operations of foreign banks in Australia in the post-deregulation period

Wright, April (2002) The impact of competition on the operations of foreign banks in Australia in the post-deregulation period. Journal of International Financial markets, Institutions and Money, 12 4-5: 359-375. doi:10.1016/S1042-4431(02)00019-7


Author Wright, April
Title The impact of competition on the operations of foreign banks in Australia in the post-deregulation period
Journal name Journal of International Financial markets, Institutions and Money   Check publisher's open access policy
ISSN 1042-4431
Publication date 2002-10-01
Sub-type Article (original research)
DOI 10.1016/S1042-4431(02)00019-7
Open Access Status
Volume 12
Issue 4-5
Start page 359
End page 375
Total pages 17
Place of publication Binghamton, NY
Publisher Haworth Press
Language eng
Subject 150307 Innovation and Technology Management
150308 International Business
150203 Financial Institutions (incl. Banking)
Abstract In 1985, Australia removed its long-standing embargo on the entry of foreign banks. The Australian market therefore provides an opportunity to study the factors influencing multinational bank expansion in a new host country. This paper tests a model of the size of multinational banking operations in Australia in the post-embargo period. One major finding is that a push for market share in a highly competitive environment led to risky lending practices in the global boom-bust economic climate of the late 1980s, which adversely affected the foreign banks’ performance. Another is that competition from home country banks had a significantly negative effect on foreign banks’ asset volumes.
Keyword International finance
Money
Banks and banking, International
Financial institutions, International
Foreign banks
Competition
Australia
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
UQ Business School Publications
 
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Created: Tue, 31 Mar 2009, 21:31:40 EST by Ms Karen Naughton on behalf of UQ Business School