Kodongo, Odongo; Natto, Dinah; Biekpe, Nicholas - In: Journal of International Financial Markets, … 36 (2015) C, pp. 71-84
This paper investigates the drivers of bank foreign expansion in East Africa. Our results support the view that institutional quality is vital at the planning phase of banks’ going-abroad decision but its importance is muted once the decision has been taken. Second, relatively competitive...