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.
机构:
Univ Indonesia, Management Res Ctr, Dept Management Bldg, 2nd Floor,Depok Campus, Java 16424, IndonesiaUniv Indonesia, Management Res Ctr, Dept Management Bldg, 2nd Floor,Depok Campus, Java 16424, Indonesia
Rokhim, Rofikoh
Susanto, Anindya P.
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机构:
Univ Indonesia, Fac Econ, Grad Sch Management, Depok, IndonesiaUniv Indonesia, Management Res Ctr, Dept Management Bldg, 2nd Floor,Depok Campus, Java 16424, Indonesia
Susanto, Anindya P.
[J].
ASIAN JOURNAL OF BUSINESS AND ACCOUNTING,
2013,
6
(02):
: 137
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153