Publication:
The Dynamics of Foreign Bank Ownership : Evidence from Hungary

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dc.contributor.authorMajnoni, Giovanni
dc.contributor.authorShankar, Rashmi
dc.contributor.authorVarhegyi, Eva
dc.date.accessioned2014-04-30T20:05:16Z
dc.date.available2014-04-30T20:05:16Z
dc.date.issued2003-08
dc.description.abstractThe early start of the process of bank restructuring and privatization in Hungary provides a longer and richer amount of evidence than that available for any other transition economy. The authors analyze the dynamics of bank restructuring in Hungary with a focus on the role played by foreign ownership. They explore the performance over time of foreign-owned Hungarian banks and study the extent to which efficiency gains are affected by the chosen acquisition strategy-strategic acquisition in contrast with investment in a newly established bank (greenfield investment)-or by the management style adopted after the acquisition. The authors supplement previous results on the effects of foreign bank ownership in three ways. First, they explicitly consider the time span required for the change of ownership to affect bank performance. Second, the authors explore how important the chosen acquisition strategy is for the success of an acquisition. And third, they study how relevant the adopted management style is to this end, as proxied by the degree of reliance on foreign management.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/08/2494639/dynamics-foreign-bank-ownership-evidence-hungary
dc.identifier.doi10.1596/1813-9450-3114
dc.identifier.urihttps://hdl.handle.net/10986/18123
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 3114
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBAD DEBTS
dc.subjectBANK ASSETS
dc.subjectBANK BRANCHES
dc.subjectBANK CAPITAL
dc.subjectBANK LENDING
dc.subjectBANK LOANS
dc.subjectBANK PERFORMANCE
dc.subjectBANK PRIVATIZATION
dc.subjectBANK RESTRUCTURING
dc.subjectBANKING LEGISLATION
dc.subjectBANKING SECTOR
dc.subjectBANKING SERVICES
dc.subjectBANKING SYSTEM
dc.subjectBANKING SYSTEMS
dc.subjectBANKRUPTCY
dc.subjectBANKS
dc.subjectBID
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL ADEQUACY RATIOS
dc.subjectCAPITAL BASE
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCAPITALIZATION
dc.subjectCAR
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANK FUNCTIONS
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMPANY LAW
dc.subjectCOMPANY MANAGEMENT
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCONSOLIDATION
dc.subjectCORPORATE GOVERNANCE
dc.subjectDEPOSITS
dc.subjectDOMESTIC COMPETITORS
dc.subjectECONOMETRIC ANALYSIS
dc.subjectELASTICITY
dc.subjectELASTICITY OF DEMAND
dc.subjectEMERGING ECONOMIES
dc.subjectEQUITY CAPITAL
dc.subjectEXPENDITURES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL LIBERALIZATION
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL REFORMS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN MANAGEMENT
dc.subjectFOREIGN OWNERSHIP
dc.subjectFOREIGN SHAREHOLDERS
dc.subjectGDP
dc.subjectGDP DEFLATOR
dc.subjectINCOME TAX RATE
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINTEREST INCOME
dc.subjectINTEREST MARGIN
dc.subjectINVESTMENT BANKING
dc.subjectLABOR COSTS
dc.subjectLEGISLATION
dc.subjectLOAN CLASSIFICATION
dc.subjectMARKET ENTRY
dc.subjectMONOPOLIES
dc.subjectNATIONAL BANK OF HUNGARY
dc.subjectOPERATING COSTS
dc.subjectOPERATING INCOME
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPARTIAL PRIVATIZATION
dc.subjectPORTFOLIO
dc.subjectPORTFOLIOS
dc.subjectPRIVATE BANKING
dc.subjectPRIVATIZATION
dc.subjectPROBLEM LOANS
dc.subjectPRODUCTION FUNCTION
dc.subjectPROFITABILITY
dc.subjectPUBLIC POLICY
dc.subjectPURCHASE PRICE
dc.subjectRATING SYSTEMS
dc.subjectRETAIL BANKING
dc.subjectRETAIL BANKS
dc.subjectRETURN ON ASSETS
dc.subjectROA
dc.subjectROE
dc.subjectSAVINGS
dc.subjectSECURITIES
dc.subjectSHAREHOLDERS
dc.subjectSMALL BANKS
dc.subjectSPECIALIZED BANKS
dc.subjectSTATE OWNED BANKS
dc.subjectSTATE OWNERSHIP
dc.subjectSUBSIDIARIES
dc.subjectTELECOMMUNICATIONS
dc.subjectTRANSITION ECONOMIES
dc.subjectWAGES FOREIGN BANKS
dc.subjectFOREIGN OWNERSHIP
dc.subjectBANK RESTRUCTURING
dc.subjectPRIVATIZATION OF PUBLIC ENTERPRISES
dc.subjectTRANSITION ECONOMIES
dc.subjectEFFICIENCY IMPROVEMENTS
dc.subjectBANKING INVESTMENTS
dc.subjectMANAGERIAL ECONOMICS
dc.subjectPERFORMANCE INDICATORS
dc.subjectFOREIGN BANKS
dc.subjectWAGES
dc.titleThe Dynamics of Foreign Bank Ownership : Evidence from Hungaryen
dspace.entity.typePublication
okr.crossref.titleThe Dynamics of Foreign Bank Ownership: Evidence from Hungary
okr.date.doiregistration2025-04-10T07:18:10.512020Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2003/08/2494639/dynamics-foreign-bank-ownership-evidence-hungary
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid700421468774662915
okr.identifier.doi10.1596/1813-9450-3114
okr.identifier.externaldocumentum000094946_03082804014224
okr.identifier.internaldocumentum2494639
okr.identifier.reportWPS3114
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2003/09/16/000094946_03082804014224/Rendered/PDF/multi0page.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryHungary
okr.sectorFinance :: Banking
okr.topicEconomic Theory and Research
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicBanks and Banking Reform
okr.topicPublic Sector Development::Decentralization
okr.topicInternational Terrorism and Counterterrorism
okr.topicPayment Systems and Infrastructure
okr.topicFinancial Crisis Management and Restructuring
okr.unitFinancial Sector Network
okr.volume1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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