Shen, Chung-Hua; Lu, Chin-Hwa; Wu, Meng-Wen - In: China & World Economy 17 (2009) 3, pp. 102-121
This study investigates how foreign bank/investor penetrations influence local bank performance in China. At the country level, foreign bank penetration is proxied by MacroFP, measured by the percentage of banks with foreign strategic investors (FSI) among total banks. At the bank level, foreign...