Sie sind auf Seite 1von 14

REFERENCES:

1
Claessens, Stijn, Asli Demirguc-Kunt, Harry Huizinga, How Does Foreign Entry Affect Domestic Banking Markets?, The journal of Banking and Finance 25, 5, 2001, pp. 891-911.

22
Lamfalussy, Alexander (2000), Financial Crises in Emerging Markets: An Essay on Financial Globalisation and Fragility, Yale University press, New Haven & London
Feldstein, Martin (2002), Economic and Financial Crises in Emerging Markets Economies: Overview of Prevention and Management, NBER Working Paper No. 8837 (March) Allison, Tony and Suwanraks, Ryratana (1991), Financial Reforms in Thailand, Thailand Development Research Institute (TDRI) Quarterly Review, Vol. 14, No. 4, December 1999, pp. 6-18 Goldberg, Linda, Dages, Gerard and Kinney, Daniel (1999), Lending in Emerging Markets: Foreign and Domestic Banks Compared, Working paper (November), Federal Reserve Bank of New York Claessens, Stijn, Demirguc-Kunt, Asli,and Huizinga Harry (2000), The Role of Foreign Banks in Domestic Banking Systems, Claessens, S. and Jansen, M. (eds), The Internationalization of Financial Services, p. 117-137, Kluwer Law International, Great Britain Mashkin, Frederic, S. (2000), Financial Policies and the Prevention of Financial Crises in Emerging Market Countries, prepared for NBER Conference, Economic and Financial Crises in Emerging Markets Countries, Woodstock, Vermont, October 19-21, 2000 Feldstein, Martin, (ed) (2000), Discussion Summary Version of May 17, 2001, Financial Policies, Economic and Financial Crises in Emerging Markets Economies, NBER Conference, Woodstock, Vermont, October 19-21, 2000 Sabi, Manijeh (1996), Comparative Analysis of Foreign and Domestic Bank Operations in Hungary, Journal of Comparative Economics 22, p. 179-188

3
Calvo, Guillermo [1998a], Balance of Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments, NBER Conference on Currency Crises, Cambridge, MA, Febuary.

4
Berger, A. N., and D. B. Humphrey, 1997, Efficiency of financial institutions: International survey and directions for future research, European Journal of Operational Research 98, 175-212. Bhattacharyya, A., C. A. K. Lovell, and P. Sahay, 1997, The impact of liberalization on the productive efficiency of Indian commercial banks, European Journal of Operational

Research 98, 332-345. Hasan, I., and K. Marton, 2000, Development and efficiency of the banking sector in a transitional economy: Hungarian experience, BOFIT Discussion Papers No. 7. Isik, I., and M. K. Hassan, 2002, Technical, scale and allocative efficiencies of Turkish banking industry, Journal of Banking and Finance 26, 719-766. Clarke, G., R. Cull, Maria S. M. Peria, and Susana M. Sanchez, 2001, Foreign bank entry: experience, implications for developing countries, and agenda for further research, World Bank Working Paper No. 2698 Sealey, C. W., and J. T. Lindley, 1977, Inputs, outputs, and a theory of production and cost at depository financial institutions, The Journal of Finance vol. 32, no. 4, 1251-1265. Gilbert, R. A., and P. W. Wilson, 1998, Effects of deregulation on the productivity of Korean Banks, Journal of Economics and Business 50, 133-155. Kraft, E., and D. Tirtiroglu, 1998, Bank Efficiency in Croatia: A Stochastic-Frontier Analysis, Journal of Comparative Economics 26, 282-300. Rezvanian, R., and S. Mehdian, 2002, An examination of cost structure and production performance of commercial banks in Singapore, Journal of Banking and Finance 26, 79-98.

5
REVIEW OF INTERNATIONAL ECONOMICS Acceptance Date: August 18, 2000 International Financial Liberalization and Economic Growth* Ross Levine RRH: INTERNATIONAL FINANCIAL LIBERALIZATION LRH: Ross Levine

6
Claessens, Stijn, AslMDemirg-Kunt, and Harry Huizinga, 1997, How Does Foreign Entry Affect the Domestic Banking Market? mimeo, World Bank. Grubel, Herbert G. A Theory of Multinational Banking, Banca Nacionele del Lavoro Quarterly Review 123 (December 1977), 349-63. Kindleberger, Charles P., 1983, International Banks as Leaders or Followers of International Business: A Historical Perspective, Journal of Banking and Finance, 7, 583-595.

Levine, Ross, 1996, Foreign Banks, Financial Development and Economic Growth, in Claude E. Barfield, ed., International Financial Markets: Harmonization Versus Competition, Washington DC: AEI Press.

7
Foreign Bank Entry, Performance of Domestic Banks and the Sequence of Financial Liberalization
Nihal Bayraktar and Yan Wang* First Draft: February 20, 2004

8
Domestic Bank Regulation and Financial Crises Theory and Empirical Evidence from East Asia
Robert Dekle and Kenneth Kletzer

Calvo, Guillermo [1998a], Balance of Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments, NBER Conference on Currency Crises, Cambridge, MA, Febuary
Diaz-Alejandro, Carlos. 1985. Good-bye financial repression, hello financial crash. Journal of Development Economics 19:124. Bernanke, Benjamin, and Mark Gertler. 1989. Agency costs, net worth and business fluctuations. American Economic Review 79 (March): 1431. . 1990. Financial fragility and economic performance. Quarterly Journal of Economics 105 (February): 87114. Bernanke, Benjamin, Mark Gertler, and Simon Gilchrist. 1999. The financial accelerator in a quantitative business cycle framework. In Handbook of macroeconomics, Vol. 1c, ed. John Taylor and Michael Woodford, 134193. Amsterdam: North-Holland.

9
Money and International Finance Faculty of Economic and Business Administration University of Hannover Knigsworther Platz 1, 30167 Hannover
- Latest draft: 13 Mar 2005

Cost Efficiency of Domestic and Foreign Banks in Thailand: Evidence from Panel Data
by

Saovanee Chantapong* Dissertation Supervisor Prof. Dr. Lukas Menkhoff

Glick, Reuven and Michael, Hutchison, (1999), Banking and Currency Crises: How Common are Twins?, Pacific Basin Working Paper Series, No.PB99-07, Center for Pacific Basin Monetary and Economic Studies, Economic Research Department, Federal Reserve Bank of San Francis co Kaminsky, Graciela L. and Carmen M. Reinhart, (1999), The Twin Crises: The Causes of Banking and Balance-of-Payments Problems , American Economic Review, June. Berger, Allen N.and David B. Hamphrey, (1997), Efficiency of Financial Institutions: International Survey and Directions for Future Research, Working Paper No. 97-05, The Wharton Financial Institutions Centre, The Wharton School, University of Pennsylvania. Casu, Barbara, Claudia Girardone and Philip Molyneux, (2004), Productivity Change in European Banking: A Comparison of Parametric and Non-parametric Approaches , Journal of Banking & Finance. Berger, Allen N., Iftekhar, Hasan and Leora F. Klapper, (2004), Further Evidence on the Link between Finance and Growth: An International Analysis of Community Banking and Economic Perfo rmance, Journal of Financial Services Research, 25:2/3, p. 169-202. Mahajan, Arvind, Nanda Rangan and Asghar, Zardkoohi, (1996), Cost Structure in Multinational and Domestic Banking, Journal of Banking & Finance, vol. 20, pp. 283-306.

Fohlin, Caroline, (2000), Banking Industry Structure, Competition, and Performance: Does Universality Matter?, Social Science Working Paper 1078, California Institute of Technology, October. Clarke, George, Robert Cull, Maria Soledad Martinez Peria and Susana M. Sanchez, (2001), Foreign Bank Entry: Experience, Implications for Developing Countries, and Agenda for Further Research, World Bank Working Paper no. 2698, October.

10
Domestic Bank Regulation and Financial Crises: Theory and Empirical Evidence from East Asia
Robert Dekle University of Southern California Kenneth Kletzer University of California, Santa Cruz April 2001 Bernanke, Benjamin and Mark Gertler [1989], ..Agency Costs, Net Worth and Business Fluctuations,.. American Economic Review, 79, March, pp. 14-31. Bernanke, Benjamin, Mark Gertler and Simon Gilchrist [1999], ..The Financial Accelerator in a Quantitative Business Cycle Framework,.. in John Taylor and Micheal Woodford, eds., Handbook of

Macroeconomics, Vol. 1c, pp. 1341-1393.

11

Foreign, Private Domestic, And Government Banks:


New Evidence from Emerging Markets
Atif Mian July 2003
Dinc, Serdar. 2003 Banks and Politicians: Political Influences on State-owned Banks in Emerging Countries. Working Paper, University of Michigan Business School. Berger, Allen; Miller, Nathan; Peterson, Mitchell; Rajan, Raghuram; Stein, Jeremy, 2002 Does Function Follow Organizational Form? Evidence from the Lending Practices of Large and Small Banks. Working Paper, University of Chicago GSB. Goldberg, Linda; Dages, B. Gerard; Kinney, Daniel. Foreign and Domestic Bank Participation in Emerging Markets: Lessons from Mexico and Argentina, NBER Working Paper No. 7714, May 2000. Sapienza, Paola. 2003. The Effects of Government Ownership on Bank Lending Journal of Financial Economics (2003), forthcoming.

12
FOREIGN AND DOMESTIC BANK PARTICIPATION IN EMERGING MARKETS: LESSONS FROM MEXICO AND ARGENTINA Linda Goldberg B. Gerard Dages Daniel Kinney Working Paper 7714 http://www.nber.org/papers/w7714 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 Levine, Ross, 1996. Foreign Bank, Financial Development, and Economic Growth. International Financial Markets: Harmonization versus Competition. Claude E. Barfield, Editor. (Washington: The AEI Press).

13

5-1-2002

The Performance of Domestic and Foreign Banks: The Case of Korea and the Asian Financial Crisis
Yongil Jeon
Central Michigan University

Stephen M. Miller
University of Nevada and University of Connecticut

14
International Journal of Innovation, Management and Technology, Vol. 2, No. 3, June 2011

Performance of Indian Public Sector Banks and Private Sector Banks: A Comparative Study
Kajal Chaudhary and Monika Sharma

15

Do State-Owned Banks Promote Growth? Cross-Country Evidence for Manufacturing Industries


by

Arturo Galindo Alejandro Micco


Inter-American Development Bank
February 2003

16

OECD DEVELOPMENT CENTRE


Working Paper No. 263 BANKING ON DEVELOPMENT: PRIVATE BANKS AND AID DONORS IN DEVELOPING COUNTRIES
by

Javier Rodrguez and Javier Santiso

18
www.ajbms.org Asian Journal of Business and Management Sciences ISSN: 2047-2528 Vol. 1 No. 2 [150-156] Society for Business Research Promotion | 150 PERFORMANCE EFFICIENCY OF COMMERCIAL BANKS OF PAKISTAN: NONPARAMETRIC TECHNIQUE DATA ENVELOPMENT ANALYSIS (DEA) Muhammad Farhan Akhtar Hailey College of Commerce, University of The Punjab, Lahore, Pakistan E-mail: vjfarhan@yahoo.com Khizer Ali Hailey College of Commerce, University of The Punjab, Lahore, Pakistan E-mail: vjkhizer@yahoo.com Shama Sadaqat Hailey College of Commerce, University of The Punjab, Lahore, Pakistan E-mail: shama_sadaqat@yahoo.com

27
National Bank of Hungary, Annual Report, Budapest, various issues.

Berger, A.N., Humphrey, D.B., Pulley, L.B., 1996. Do consumers pay for one-stop banking? Evidence from an alternative revenue function. Journal of Banking and Finance 20, 16011625. Berger, A.N., Cummins, D.J., Weiss, M.A., 1997a. The coexistence of multiple distribution systems for financial services: The case of propertyliability insurance. Journal of Business 70, 515546
Gorton, G., Winton, A., 1998. Banking in transition economies: Does efficiency require instability? Journal of Money, Credit, and Banking 30, 621650 Gros, Steinherr, A., 1997. Winds of Change. Economic Transition in Central and Eastern Europe. Longman, London Litwack, D., 1995. Corporate governance, banks, and fiscal reform in Russia. In: Ito, T., Krueger, A. (Eds.), Financial Deregulation and Integration in East Asia. University of Chicago Press, Chicago and London, pp. 266301. Scholtens, B., 2000. Financial regulations and financial system architecture in Central Europe. Journal of Banking and Finance 24 (4), 525553. Hermes, N., Lensink, R., 2000. Financial system development in transition economies. Journal of Banking and Finance 24 (4), 507524. McKinnon, R.I., 1991. Financial control in the transition from classical socialism to a market economy. Journal of Economic Perspective 5, 107122 Csaki, A., 1993. The Hungarian financial sector. World Economics Institute, Budapest, Mimeo. (in Hungarian). EBRDEuropean Bank for Reconstruction and Development, Transition Report, London, various issues. Claessens, S., Demirguc-Kunt, A., Huizinga, H., 2001. How does foreign entry affect domestic banking markets? Journal of Banking and Finance 25, 891911. Thorne, A., 1993. Eastern Europes_s experience with banking reform: Is there a role for banks in the transition. Journal of Banking and Finance 17, 9591000.
Sabi, M., 1996. Comparative analysis of foreign and domestic bank operations in Hungary. Journal of Comparative Economics 22, 179188 Jelic, R., Mallin, C., 1997. Banking in transitionThe case of Poland, Hungary, and the Czech Republic. Working Paper, University of Hull, UK Dijkstra, A.G., 1996. Financial reform and the efficiency of intermediation: Banking performance in Hungary. Working Papers, Institute of Social Studies, The Hague, The Netherlands. Bonin, J.P., Istvan, A., 2000. Retail banking in Hungary: A foreign affair? Working Paper, Budapest University and Wesleyan University. Barlett, D., 1996. Commercial banks and corporate governance in the Czech Republic and Hungary. Post Soviet Geography and Economics 37 (8), 503510.

Development and efficiency of the banking sector in a transitional economy: Hungarian experience
Iftekhar Hasan a,b,*, Katherin Marton c

Rensselaer Polytechnic Institute, Troy, NY 12180, USA Research Center, New York University, New York, NY 10012, USA c Finance and Business Economics, GBA, Fordham University, 113 West 60th Street, New York, NY 10023, USA Received 9 May 2000; accepted 6 May 2002
a

b Berkley

28
Boyd, J.H., Chang, C., Smith, B.D., 1998. Moral hazard under commercial and universal banking. J. Money, Credit, Banking 30 (3.2), 426468. Barth, J.R., Caprio Jr., G., Levine, R., 2001a. Banking systems around the globe: Do regulations and ownership affect performance and stability? In: Mishkin, F.S. (Ed.), Prudential Supervision: What Works and What Doesnt. Univ. of Chicago Press, pp. 3188. Ang, J.S., Richardson, T., 1994. The underpricing experience of commercial bank affiliates prior to the Glass Steagall act: a re-examination of evidence for passage of the act. J. Banking Finance 18, 351395. Kroszner, R.S., Rajan, R.G., 1994. Is the GlassSteagall act justified? A study of the US experience with universal banking before 1933. Amer. Econ. Rev. 84, 810832. Puri, M., 1996. Commercial banks in investment banking: conflict of interest or certification role? J. Finan. Econ. 40, 373401. Ramirez, C., 1995. Did J.P. Morgans men add liquidity? Corporate investment, cash-flow, and financial structure at the turn of the century. J. Finance 50, 661678.

White, E., 1986. Before the GlassSteagall act: An analysis of the investment banking activities of commercial banks. Explor. Econ. History 23, 3355. Dewatripont, M., Tirole, J., 1994. The Prudential Regulation of Banks. MIT Press, Cambridge

Berger, A.N., Herring, R.J., Szeg, G.P., 1995. The role of capital in financial institutions. J. Banking Finance 19, 257276.

Keeley, M.C., Furlong, F.T., 1990. A re-examination of meanvariance analysis of bank capital regulations. J. Banking Finance 14, 6984.

Gorton, G., Winton, A., 2000. Liquidity provision, bank capital, and the macroeconomy. Mimeo. University of Minnesota

Demirg-Kunt, A., Detragiache, E., 2002. Does deposit insurance increase banking system stability? An empirical investigation. J. Monet. Econ. In press

Bank regulation and supervision: what works best?


James R. Barth,a,b Gerard Caprio Jr.,c and Ross Levine d,e,
a Auburn University, USA b Milken Institute, USA c World Bank, USA d University of Minnesota, USA e NBER, USA

Received 1 January 2002

30
Yousefi, M., Abizaden, S., & McCormick, K. (1997). Monetary Stability and interest-free banking: the case of Iran. Applied Economics, 29 (7), 869-876. Leeds, B. (1992). Mystery Shopping Offers Clues to Quality Service. Bank Marketing, 24 (11), 24-27.

31
Fama, Eugene F. (1985), What's Different About Banks? Journal of Monetary Economics, 15, 29-39. Berger, Allen N. (1995), The Profit-Structure Relationship in Banking - Tests of MarketPower and Efficient-Structure Hypotheses, Journal of Money, Credit and Banking 27, 404-431. Gilbert, R. Alton (1984), Bank Market Structure and Competition. A Survey, Journal of Money, Credit, and Banking 16, 617-645. Swank, Job (1996), Theories of the Banking Firm: A Review of the Literature, Bulletin of Economic Research 48(3), 173-207. Qureshi S. K and Akhtiar H Shah (1992), A Critical Review of Rural Credit Policy in Pakistan, The Pakistan Development Review 31:4 Malik, Sohail J., M Mushtaq & Manzoor Gill (1989), Differential Access and the Rural Credit Market in Pakistan: Some Evidence. The Pakistan Development Review 28:4 Qureshi S. K, Naeem Siddiqui, Kalbe Abbas, & Ejaz Ghani (1984), Rural Credit and Rural Development: Some issues. The Pakistan Development Review 23:2&3 Siddiqui, Rehana & Rizwanan Siddiqui (1998), The Proftability of Banking Sector of Pakistan, Research Report No. 162, Pakistan Institute of Development Economics, Islamabad State Bank of Pakistan (2002), Pakistan: Financial Sector Assessment 1990-2000, Research Department. Structure and Performance of Commercial Banks in Pakistan Arby, M. Farooq State Bank of Pakistan October 2003

32
Gorton, G., and R. Rosen (1992), Corporate Control, Portfolio Choice and the Decline of Banking NBER Working Paper #4247

34
Determinants of profitability of domestic UK commercial banks: panel evidence from the period 1995-2002
Kyriaki Kosmidou1,2, Sailesh Tanna3*, Fotios Pasiouras1,3 White, W.R (1998) The coming transformation of continental European banking?, Bank of International Settlements working papers, 54. Drake, L. (2001) Efficiency and productivity change in UK banking, Applied Financial Economics, 11, 557-571. Webb, R.M. (2003) Levels of efficiency in UK retail banks: a DEA window analysis, International Journal of the Economics of Business, 10 (3), 305-322. Holden, K., El-Bannany, M. (2004) Investement in information technology systems and other determinants of bank profitability in the UK, Applied Financial Economics, 14, 361-356 Kosmidou, K., Pasiouras, F., Doumpos, M., Zopounidis, C. (2006a) A multivariate analysis of the financial characteristics of foreign and domestic banks in the UK, Omega: The International Journal of Management Science, 34 (2), 189195. Kosmidou, K., (2006), The Determinants of Banks Profits and Margins in Greece during the period of EU financial integration, Managerial Finance, (forthcoming) Molyneux, P. and Thorton, J. (1992) The determinants of European bank profitability, Journal of Banking and Finance, 16 (6), 1173-1178. Quignon, L. (2000) Are British Banks too Profitable? BNP Paribas Conjoncture, March Llewellyn, .D.T. (2005) Competition and Profitability in European Banking: Why Are British Banks So Profitable?, Economic Notes by Banca Monte dei Paschi di Siena SpA, 34 (3), 279-311. Maslakovic, M., and McKenzie, D. (2002) City Business Series-Banking, International Financial Services London.

Bourke, P. (1989) Concentration and Other Determinants of bank Profitability in Europe, North America and Australia, Journal of Banking and Finance, 13, 65-79. Short, B.K. (1979) The relation between commercial bank profit rate and banking Concentration in Canada, Western Europe and Japan, Journal of Banking & Finance, 3, 209-219 Berger, A.N. (1995) The relationship between capital and earnings in banking, Journal of Money, Credit and Banking, 27, 432-456. Angbazo, L. (1997) Commercial bank net interest margins, default risk, interest-rate risk, and off-balance sheet banking, Journal of Banking & Finance, 21, 55-87. Mamatzakis, E.C. and Remoundos, P.C. (2003) Determinants of Greek Commercial Banks Profitability 1989-2000, Spoudai, 53 (1), 84-94. Guru, B.K., Staunton, J and Balashanmugam, B. (1999) Determinants of Commercial Bank Profitability in Malaysia, Paper presented at the 12th Annual Australian Finance and Banking Conference, Sydney, Australia, 16-17 December. Barajas, A., Steiner R. and Salazar N. (1999) Interest spreads in banking in Colombia 1974-96, IMF Staff Papers, 46, 196-224. Afanasieff, T., Lhacer P., and Nakane M. (2002) The determinants of bank interest spreads in Brazil, Working Paper, Banco Central di Brazil. Ben Naceur, S. (2003) The determinants of the Tunisian banking industry profitability: panel evidence, Paper presented at the Economic Research Forum (ERF) 10th Annual Conference, Marrakesh-Morocco, 16-18 December. Abreu, M. and Mendes, V. (2001) Commercial bank interest margins and profitability: evidence from some EU countries, Paper presented at the PanEuropean Conference Jointly Organised by the IEFS-UK & University of Macedonia Economic & Social Sciences, Thessaloniki, Greece, May 17-20. Staikouras, Ch. and Wood, G. (2003) The Determinants Of Bank Profitability In Europe, Paper presented at the European Applied Business Research Conference, Venice, Italy, 9-13 June. Hassan, M.K and Bashir, A-H.M. (2003) Determinants of Islamic Banking Profitability, Paper presented at the Economic Research Forum (ERF) 10th Annual Conference, Marrakesh-Morocco, 16-18 December. Demirguc-Kunt, A. and Huizinga, H. (1999) Determinants of commercial bank

interest margins and profitability: Some international evidence, World Bank Economic Review, 13, 379-408. Barth, J.R., Caprio G. Jr. and Levine, R. (2004) Bank regulation and supervision: what works best?, Journal of Financial Intermediation, 13(2), 205-248. Barth, J.R., Nolle, D.E., Phumiwasana, T. and Yago, G. (2003) A Cross-Country Analysis of the Bank Supervisory Framework and Bank Performance, Financial Markets, Institutions & Instruments, 12 (2), 67-120. Aston, J. (1998) Technical change in the UK retail banking sector: 1984-1995, Applied Economics Letters, 5 (12), 737-740. Berger, A.N., DeYoung, R., Genay, H., and Udell, G. (2000) Globalization of Financial Institutions: Evidence from cross-border banking performance. In: Litan RE, Santomero A.M. (eds). Bookings-Wharton Papers on Financial Services. Washington, DC: Brookings Institution Press, pp. 23-158 Kosmidou, K., Pasiouras, F., Floropoulos, J. (2004a) Linking Profits to AssetLiability Management of domestic and foreign banks in the UK, Applied Financial Economics, 14 (18), 1319-1324. Golin, J., (2001), The Bank Credit Analysis Handbook: A Guide for Analysts, Bankers and Investors, John Wiley & Sons (Asia) Pre Ltd European Commission, (1997), Impact on Services: credit institutions and banking, Single Market Review, subseries II, vol 4., London: Office for Official Publications of the European Communities and Kogan Page Earthscan. Berger, A.N. and Humphrey, D.B. (1997) Efficiency of financial institutions: international survey and directions for future research, European Journal of Operational Research, 98, 175-212. Altunbas, Y., Gardener, EPM., Molyneux, P. and Moore, B. (2001) Efficiency in European Banking, European Economic Review 45, 1931-1955. Vander Vennet, R. (1998) Cost and profit dynamics in financial conglomerates and universal banks in Europe, presented at the Societe Universitaire Europeenee de Recherchers Financiers/CFS colloquium, Frankfurt, 15-17 October. Pallage, S.J. (1991) An econometric study of the Belgian banking sector in terms of scale and scope economies, Cahiers Economiques de Bruxelles, 130, 126-143 Claessens, S., Demirguc-Kunt, A. and Huizinga, H. (1998) How Does Foreign Entry Affect the Domestic Banking Markets?, Journal of Banking and Finance, 25,

891-911.

Das könnte Ihnen auch gefallen