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Patterns in the Expansion of U.S. Banks' Foreign Operations

Stewart R Miller and Arvind Parkhe
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Stewart R Miller: Indiana University
Arvind Parkhe: Indiana University

Journal of International Business Studies, 1998, vol. 29, issue 2, 359-388

Abstract: Combining foreign direct investment theory with data on 32 countries from the Federal Reserve Board, the study examines U.S. banks' patterns of foreign operations, including their levels of banking services and choice of organizational forms in host countries. Results generally supported predictions, but only in developed countries. The lack of support in rapidly growing markets of Asia and Latin America raises serious theoretical concerns, and presents fresh research opportunities into the global banking industry.© 1998 JIBS. Journal of International Business Studies (1998) 29, 359–388

Date: 1998
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