Organizational foundations and closures in a regulated environment : Swedish commercial banks 1831-1990
This study analyzes the foundations and closures of the total population of Swedish commercial banks in 1831-1990 using both semi-parametric and parametric event-history methods. With reference to the comparatively rigid control of entries and exits in banking, five hypotheses are formulated: (1) acquisitions constitute the principal reason for closure in banking; (2) the early years are less hazardous for banks than for members of other industries; (3) the survival patterns of banks are related to the freedom of banking operations; (4) the survival rates of banks are positively related to the general economic activity at the time of foundation; and (5) the survival rates of banks are negatively related to the degree to which customer relationships already exist. The findings support the first, second, third and fifth hypotheses; some evidence also favours the fourth hypothesis
|Date of creation:||1991|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.fek.uu.se/
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Engwall, Lars & Johanson, Jan, 1990. "Banks in industrial networks," Scandinavian Journal of Management, Elsevier, vol. 6(3), pages 231-244.
- Addison, John T & Portugal, Pedro, 1987. "On the Distributional Shape of Unemployment Duration," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 521-26, August.
When requesting a correction, please mention this item's handle: RePEc:hhb:uufewp:9104. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sune Karlsson)
If references are entirely missing, you can add them using this form.