The relationship between financial globalization and financial internazionalization. A case study of basque firms
Abstract
The amount of firms that chose going to external financial markets, in order to obtain better credit facilities or to make more attractive investments that the ones available inside the national frontiers, is getting higher. The decision to internationalize firm’s financial area can be the result of an specific strategy that looks for the better use of the opportunities offered by the financial globalization process (which is having a vertiginous development lately). This process, on the one hand, is entailed to some factors that bring about a more efficient allowance of the financial resources, being this a driving force for the internationalization of the firm’s financial area. But, on the other hand, working in an international context can lead to some costs that reduce the financial efficiency. The purpose of this paper is to make a balance of this duality in Basque Country firms.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.Bibliographic Info
Article provided by Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE) in its journal Cuadernos de Gestión.
Volume (Year): 9 (2009)
Issue (Month): 1 ()
Pages: 31-46
Contact details of provider:
Postal: Instituto de Economía Aplicada a la Empresa Avda Lehendakari Aguirre 83 CP 48015 Bilbao (Vizcaya) Spain
Phone: + 34 94 601 3871
Fax: + 34 94 601 3710
Email:
Web page: http://www.ieae.ehu.es
More information through EDIRC
Order Information:
Postal: Instituto de Economía Aplicada a la Empresa, Revista Cuadernos de Gestión, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain
Email:
Web: http://www.ehu.es/cuadernosdegestion
Related research
Keywords: Financial internationalization; financial globalization; efficiency; obstacles to international financial activity.;Find related papers by JEL classification:
- F3 - International Economics - - International Finance
References
No references listed on IDEASYou can help add them by filling out this form.
Citations
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:ehu:cuader:20090902For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Belen Vallejo Alonso).
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.

