FOREIGN OWNERSHIP AND COST EFFICIENCY IN U.S. MULTINATIONAL BANKING
C. Edward Chang
(Assistant Professor of Finance, Southwest Missouri State University)
Fayez A. Elayan
(Associate Professor of Finance, Southwest Missouri State University)
Chwo‐Ming Joseph Yu
(Professor of Business Administration, National Chengchi University, Taipei, Taiwan)
119
Abstract
This study provides a comparison of cost efficiency between foreign‐owned multinational banks operating in the U.S. and U.S.‐owned multinational banks in their production of banking services from 1984 to 1989. The results indicate that foreign‐owned multinational banks operating in the U.S. did not have comparative cost advantage over U.S.‐owned multinational banks.
Citation
Chang, C.E., Elayan, F.A. and Yu, C.J. (1994), "FOREIGN OWNERSHIP AND COST EFFICIENCY IN U.S. MULTINATIONAL BANKING", Studies in Economics and Finance, Vol. 15 No. 2, pp. 60-85. https://doi.org/10.1108/eb028713
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited