Sun, Jianjun; Harimaya, Kozo; Yamori, Nobuyoshi - In: Journal of Banking & Finance 37 (2013) 5, pp. 1602-1611
. The data on Chinese city commercial banks operating regionally are well-suited for the study. Our findings suggest that … strategic investors significantly increase efficiency in Chinese city commercial banks, while the effect of strategic investors … on the efficiency of Chinese city commercial banks is negatively correlated to the level of regional economic development …