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Entry and survival: the case of foreign banks in Norway

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  • Tschoegl, Adrian E.

Abstract

After a long history of closure to foreign banks, Norway opened in 1985. The foreign banks that then entered had divergent firm-specific resources and followed divergent strategies. Key factors in entry were the foreign banks' prior experience in Norway itself, the foreign banks' advantages vis-à-vis domestic banks, and rivalrous interaction with home-country banks. Key survival factors included the pre-existence of relationships with Norwegian firms, prior experience in Norway, the size of the entrant at start-up, and the size of the parent.

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  • Tschoegl, Adrian E., 2002. "Entry and survival: the case of foreign banks in Norway," Scandinavian Journal of Management, Elsevier, vol. 18(2), pages 131-153, June.
    • Handle: RePEc:eee:scaman:v:18:y:2002:i:2:p:131-153
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    1. Clare, Andrew & Gulamhussen, Mohamed Azzim & Pinheiro, Carlos, 2013. "What factors cause foreign banks to stay in London?," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 739-761.
    2. Adrian E. Tschoegl, 2004. "Financial Crises and the Presence of Foreign Banks," International Finance 0405016, University Library of Munich, Germany.
    3. Hans Degryse & Steven Ongena, 2002. "Bank-Firm Relationships and International Banking Markets," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(3), pages 401-417.
    4. Tschoegl, Adrian, 2006. "Foreign ownership in Mexican Banking: A Self- Correcting Phenomenon," MPRA Paper 586, University Library of Munich, Germany.
    5. Lukasz Konopielko, 1999. "Foreign Banks' Entry into Central and East European Markets: Motives and Activities," Post-Communist Economies, Taylor & Francis Journals, vol. 11(4), pages 463-485.
    6. John Singleton & Grietjie Verhoef, 2010. "Regulation, deregulation, and internationalisation in South African and New Zealand banking," Business History, Taylor & Francis Journals, vol. 52(4), pages 536-563.
    7. Gino Cattani & Adrian E. Tschoegl, 2002. "An Evolutionary View of Internationalization: Chase Manhattan Bank, 1917 to 1996," Center for Financial Institutions Working Papers 02-37, Wharton School Center for Financial Institutions, University of Pennsylvania.
    8. Janvier D. Nkurunziza, 2005. "Credit Can Precipitate Firm Failure: Evidence from Kenyan Manufacturing in the 1990s," Economics Series Working Papers WPS/2005-04, University of Oxford, Department of Economics.
    9. Tschoegl, Adrian E., 2002. "Introduction to the special issue," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 12(4-5), pages 291-297.

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