Growth, profits and foreign ownership in the Brazilian banking industry

被引:1
|
作者
del Mar Miralles-Quiros, Maria [1 ]
Luis Miralles-Quiros, Jose [1 ]
Daza-Izquierdo, Julio [1 ]
机构
[1] Univ Extremadura, Dept Financial Econ, Badajoz, Spain
关键词
Banking industry; firm growth; profitability; foreign banks; FIRM GROWTH; EUROPEAN COUNTRIES; PANEL-DATA; PROFITABILITY; PERFORMANCE; SIZE; COMPETITION; IMPACT; CONSOLIDATION; EFFICIENCY;
D O I
10.1080/00036846.2018.1486998
中图分类号
F [经济];
学科分类号
02 ;
摘要
The deregulation of the financial markets and their progressive globalization has favoured the internationalization of banking. Moreover, during the international financial crisis, the presence of foreign banks has increased in countries experiencing faster economic growth, such as Brazil. In this context, the aim of this study is to analyze the growth and profitability of the financial institutions in Brazil, taking into account the possible non-linearity of the relationship, the differences between Brazilian and foreign institutions and the effect of the crisis. Our results indicate that the entry of foreign institutions has a direct effect on the Brazilian banking industry.
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收藏
页码:5483 / 5494
页数:12
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