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Export Reference (APA) 
Gulamhussen, M. A. (2007). Choice of scale by banks in financial centers. International Business Review . 16 (4), 507-525
Export Reference (IEEE) 
M. A. Gulamhussen,  "Choice of scale by banks in financial centers", in Int. Business Review , vol. 16, no. 4, pp. 507-525, 2007
Export BibTeX 
@article{gulamhussen2007_1787643842061,
	author = "Gulamhussen, M. A.",
	title = "Choice of scale by banks in financial centers",
	journal = "International Business Review ",
	year = "2007",
	volume = "16",
	number = "4",
	doi = "10.1016/j.ibusrev.2007.04.002",
	pages = "507-525",
	url = "http://www.sciencedirect.com/science/article/pii/S0969593107000546"
}
Export RIS 
TY  - JOUR
TI  - Choice of scale by banks in financial centers
T2  - International Business Review 
VL  - 16
IS  - 4
AU  - Gulamhussen, M. A.
PY  - 2007
SP  - 507-525
SN  - 0969-5931
DO  - 10.1016/j.ibusrev.2007.04.002
UR  - http://www.sciencedirect.com/science/article/pii/S0969593107000546
AB  - The paper develops a theoretical link between foreign investment, scale and reversibility in the banking industry. This link is used to formulate hypotheses that are empirically examined with a unique data set collected through interviews with senior managers of multinational banks in London. Findings reveal that banks do not set up large operations to service domestic customers or get a foothold, but do so to create hubs. Banks with confident beliefs set up large operations, and use large offices to lock themselves into the market. These results explain the cross-sectional variation in the size of foreign investments in the industry. Robustness checks do not reveal presence of influential data points; regressions are stable over time and consistent with what we know from secondary samples.
ER  -