 The internationalization of Finnish financial service companiesPasi Hellman International Business Review, 1996, vol. 5, issue 2, 191-208 Abstract: The paper examines the internationalization of Finnish banks and insurance companies. Emphasis is put on the phenomena of "customer following" and "market seeking". The results suggest that financial service companies differ from manufacturing companies in that their internationalization did not start out in countries that were culturally close to their own and then gradually move further away, as is often the case with manufacturing companies. Moreover, banks tended to move to international banking centers, whereas the internationalization patterns of insurance companies followed more closely the internationalization of manufacturing companies. The most dominant feature in the internationalization of Finnish financial service companies, however, was the fact that both banks and insurance companies, respectively, tended to follow one another. Keywords: Internationalization; Banking; Insurance; Companies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:iburev:v:5:y:1996:i:2:p:191-208 Ordering information: This journal article can be ordered from Access Statistics for this article International Business Review is currently edited by P. Ghauri More articles in International Business Review from Elsevier |
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