benefits and risks of foreign direct investments into Chinese banks. As a result it can be shown that there is no unique answer …. Rather it depends on the strategic goals of the foreign institute itself. The paper recommends certain strategies based on …

We analyze the microeconomic determinants of cross-border bank acquisitions in 16 transition economies over the period … heterogeneity of the transition economies into our analysis. We find that foreign banks target relatively large and efficient banks …. However, when foreign banks enter more developed transition economies that have made progress in economic reform, they acquire …