000			01599naa a2200169uu 4500
001			8110416221910
003			OSt
005			20190211164431.0
008			081104s2008 xx ||||gr |0|| 0 eng d
100	1		_aLI, Jiatao _935747
245	1	0	_aAsymmetric interactions between foreign and domestic banks : _beffects on market entry
260			_aChichester, UK : _bJohn Wiley, _cAugust 2008
520	3		_aAn inverted U-shaped relationship is thought to exist between the number of firms entrenched in a market and the rate of new entrants. This study examined early and late entry by foreign and U.S. banks into the California market following a deregulation in the banking industry in the early 1980s. The study was designed to elucidate the competitive interactions between foreign and domestic banks. Specifically, what response did the entry of foreign banks elicit from domestic banks and what influence did the entry of domestic banks exert on the evolution of the foreign banks in the market. Data covering the period from 1979 to 1988 demonstrate that the density of foreign banks operating in the market had a U-shaped relationship with the rate of entry of U.S. banks, supporting the argument that foreign investment can encourage the expansion of domestic banks. Although foreign banks were not an obstacle to domestic bank entries, the presence of domestic banks deterred the entry of foreign banks
773	0	8	_tStrategic Management Journal _g29, 8, p. 873-893 _dChichester, UK : John Wiley, August 2008 _xISSN 01432095 _w
942			_cS
998			_a20081104 _b1622^b _cTiago
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c27746 _d27746
041			_aeng