The Relevance of Foreign Ownership and Financial Liberalization for Determining Banking Risk: A Comparative Analysis of European Countries
نویسنده
چکیده
Reversal of financial market integration in Europe during the global financial crisis requires tools to measure and monitor banking sector stability. Banking sectors in Europe, especially in Central and Eastern countries, are characterized by a significant share of foreign capital and height level of concentration. This phenomenon may enhance the financial institutions to compete and probably take more risk causing banking sector more instable. The question whether foreign capital influences the stability of banks is examined by an extensive literature and provides mixed results. Another important question is whether the risk determinants are the same in Pobrane z czasopisma Annales H Oeconomia http://oeconomia.annales.umcs.pl Data: 24/12/2017 10:15:37
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