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Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves...
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-level dataset for 558 commercial bank subsidiaries of the 86 largest multinational banks in the world, we find that taxes matter …. Number of Banks -- 5. Average Financial Leverage and Tax Rates -- 6. Baseline Estimation Results -- 7. Robustness Check … Estimation Results: Standard Errors -- 8. Robustness Check Estimation Results: Alternatives -- 9. Robustness Check Estimation …
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