IDEAS home Printed from https://ideas.repec.org/a/eee/eurman/v10y1992i3p327-333.html
   My bibliography  Save this article

Entry barriers and bank strategies for the Europe 1992 financial directives

Author

Listed:
  • Rugman, Alan
  • Theil, L. Rita
  • Verbeke, Alain

Abstract

Liberalization of the EC banking industry presents both EC and non-EC banks with strategic predicaments. EC banks will face fewer shelter-based entry barriers, and will have to rely on competitive advantages to erect natural entry barriers. In contrast, non-EC banks will be forced to rethink their strategies as they face both shelter-based and natural entry barriers. In doing so, some non-EC banks may even gain an upper hand over some of their EC rivals if they can be nationally responsive. Those non-EC banks which fail to establish operations in the EC by 1993 risk being subjected to a Fortress Europe scenario; the Second Directive will present newcomers from non-EC banks with increased entry barriers. In this case non-EC banks will find themselves relegated to niche markets.

Suggested Citation

  • Rugman, Alan & Theil, L. Rita & Verbeke, Alain, 1992. "Entry barriers and bank strategies for the Europe 1992 financial directives," European Management Journal, Elsevier, vol. 10(3), pages 327-333, September.
    • Handle: RePEc:eee:eurman:v:10:y:1992:i:3:p:327-333
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0263237392900272
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eurman:v:10:y:1992:i:3:p:327-333. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.