外文翻譯-----外資銀行在中國(guó)投資的區(qū)位選擇-其他專(zhuān)業(yè)-文庫(kù)吧資料
2025-01-27 09:06本頁(yè)面
【正文】 nd transition country, and at the subnational level. Although Leung et al. (2021) investigate why foreign banks e to China with a survival analysis and find that foreign banks has been attracted by the growing business opportunities and improved political environment, yet they do not examine why and how the foreign banks make location choice at the sun national level. In other word, their research focuses on country characters but not city characters within China. Up to now, there are no systematic studies regarding the determinants of foreign banks’ location choice within China, and thus there are no answers for the queries. Determinants of Location Choice of Foreign Banks Within China Next, studies of the determinants that affect foreign banks can be divided into three types based on the number of home countries from and to the host countries. The first type is referred to as onetomany, denoting banks from one home country to set up overseas offices in many host countries. For example, Miller and Parkhe (1998) examined the determinants that affected US banks when establishing overseas offices in 32 countries. The second type is referred to as manytoone, denoting banks from many home countries to one host country. Grosse and Goldberg (1991) investigated the factors that affect 35 foreign countries, banks setting up in the United States. Esperanca and Gulamhussen (2021) studied the same issue but with banks from53 countries locating in Greece. The last type is about manytomany, denoting banks from many home countries to many host countries. Brealey and Kaplanis (1996) investigated factors affecting the top 1,000 banks in the world from 37 countries setting up overseas offices in 82 countries and found that the trade and foreign direct investment between home and host countries are effective。 Wu, 2021). However, previous studies typically use FDI as the proxy for testing the customers hypothesis without considering that these regional factors may also affect the decision, though possibly indirectly. Our second aim tries to fulfill this void. This study contributes to the literature in three aspects. First, previous studies mainly examine location choice of foreign banks from or to developed countries (Nigh et al., 1986。 Hong and Anthony, 2021。 Wakasugi, 2021。 Forecarelli and Pozzolo, 2021。 Brealey and Kaplanis, 1996). Next, market opportunity . Shen (*) National Taiwan University, Taipei, Taiwan, China . Barth et al. (eds.), China’s Emerging Financial Markets, The Milken Institute Series on Financial Innovation and Economic Growth 8, DOI , _ 2021 by Milken Institute 449indicates that foreign banks are attracted by the market opportunity of the host country (Hultman and McGee, 1989。 本科畢業(yè)論文外文翻譯 外文題目： Determinants of Location Choice of Foreign Banks Within China 出 處： Financial Innovation and Economic Growth 作 者： ChungHua Shen， Qi Liang ， XiangChao Hao 原 文 ： Determinants of Location Choice of Foreign Banks Within China Abstract This chapter investigates location choice of foreign banks within China based on a panel data of 40 cities. Our empirical results show that the market opportunity is the most crucial factor to affect foreign bank decision to enter China cities. The labor cost is also important and the high labor cost of a city attracts more foreign banks. But the restriction on the locations of Renminbi business operation is very limited. Furthermore, we find that the city infrastructures like hardware and software environments strongly enhance the relation between market opportunity and foreign bank peration. Keyw
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