IDEAS home Printed from https://ideas.repec.org/p/kyo/wpaper/864.html
   My bibliography  Save this paper

Inward entry of Japanese banks into the Russian market

Author

Listed:
  • Victor Gorshkov

    () (PhD student, Graduate School of Economics, Kyoto University)

Abstract

The paper represents a case study of Japanese banks operating on the Russian banking market. We particularly analyze motivation, organizational representation, entry modes and strategies of Japanese banks. We argue that in case of Japanese banks both the specificity of the home country (Japan) (relationship banking, main bank system) and host country (Russia) indeed plays an important role in expanding their businesses abroad. The shares of Japanese banks in total banking assets, deposits and lending rate of the Russian banking sector remain low, and in general Japanese banks in Russia might be regarded as “followers” of the Japanese business in Russia. Meanwhile, we also provide evidence that PULL factors are the driving forces providing reasoning for the exceptions from this rule in the behavioral patterns of Japanese banks. The paper summarizes history of foreign expansion of Japanese banks into the Russian market and aims to conduct analysis under the framework of the multinational banking theory.

Suggested Citation

  • Victor Gorshkov, 2013. "Inward entry of Japanese banks into the Russian market," KIER Working Papers 864, Kyoto University, Institute of Economic Research.
  • Handle: RePEc:kyo:wpaper:864
    as

    Download full text from publisher

    File URL: http://www.kier.kyoto-u.ac.jp/DP/DP864.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Marc Ruhr & Michael Ryan, 2005. "“Following” or “attracting” the customer? Japanese Banking FDI in Europe," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 33(4), pages 405-422, December.
    2. Maximilian J.B. Hall, 2009. "Japan: the banks are back! Or are they?," Journal of Financial Regulation and Compliance, Emerald Group Publishing, vol. 17(1), pages 16-28, February.
    3. Alfred Slager, 2005. "Internationalization of Banks: Strategic Patterns and Performance," Chapters in SUERF Studies, SUERF - The European Money and Finance Forum.
    4. Yamori, Nobuyoshi, 1998. "A note on the location choice of multinational banks: The case of Japanese financial institutions," Journal of Banking & Finance, Elsevier, vol. 22(1), pages 109-120, January.
    5. William P Wan & Daphne W Yiu & Robert E Hoskisson & Heechun Kim, 2008. "The performance implications of relationship banking during macroeconomic expansion and contraction: a study of Japanese banks' social relationships and overseas expansion," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 39(3), pages 406-427, April.
    6. Yamori, Nobuyoshi, 1997. "Do Japanese banks lead or follow international business? An empirical investigation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 7(4), pages 369-382, December.
    7. Lihong Qian & Andrew Delios, 2008. "Internalization and experience: Japanese banks’ international expansion, 1980–1998," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 39(2), pages 231-248, March.
    8. Alfred Slager, 2005. "Internationalization of Banks: Strategic Patterns and Performance," SUERF Studies, SUERF - The European Money and Finance Forum, number 2005/4 edited by Morten Balling, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    foreign banking; Japanese banks; motivation; entry modes; strategie;

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:kyo:wpaper:864. 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: (Ryo Okui). General contact details of provider: http://edirc.repec.org/data/iekyojp.html .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.