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| Author: | Poghosyan, T.(et al.) |
| Title: | Determinants of cross-border bank acquisitions in transition economies |
| Journal: | Economics of transition
2010 : OCT, VOL. 18:4, p. 671-696 |
| Index terms: | transition economies logit models microeconomics foreign banks |
| Freeterms: | acquisitions multilevel mixed effects sensitivity analysis determinants |
| Language: | eng |
| Abstract: | Based on the microeconomics determinants of cross-border bank acquisitions in 11 transition economies over the period 19922006 and adopts a multilevel mixed effects logit model. The article demonstrates foreign banks target relatively large and efficient banks when they enter transition economies with weak institutions. This evidence provides support for the market power hypothesis. |
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