Parasitic invasions’ or sources of good governance
Constraining foreign competition in Hong Kong banking, 1965–81
Bibliographic Data
| ID | 8418442 |
|---|---|
| Authors | Catherine R Schenk (0000-0003-4116-5883, a University of Glasgow , UK, corresponding author) |
| Year | 2009 |
| Volume | 51 |
| Issue | 2 |
| Pages | 157-180 |
| Publication date | 2009-03-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Business History (JOURNAL) |
| Journal identifiers | ISSN: 0007-6791 • E-ISSN: 1743-7938 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00076790902726517 |
| OpenAlex | W2009943493 |
| Language | EN |
| Citations received | 3 |
| References cited | 8 |
This paper investigates the operation and impact of the moratorium on new banking licences imposed in Hong Kong in 1965 and the claims that foreign banks destabilised the banking system and drained resources from the colony. First it examines foreign banks' attempts to circumvent the moratorium through claims of special circumstances and buying interests in local banks, and secondly it examines the efforts of incumbents to extend barriers to non-bank financial institutions and to branches of foreign banks. The general conclusions are that while the moratorium was aimed at increasing the stability of the banking system, it had the effect of decreasing the regulatory breadth of the government, and reducing incentives for mergers and acquisitions that might have improved governance
Banking industry · Business · Competition (biology · Corporate governance · Economics · Financial system · Government (linguistics · Incentive · Market economy · Mergers and acquisitions · Accounting · Banking stability, regulation, efficiency · Finance · Hong Kong and Taiwan Politics · Socioeconomic Development in Asia
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,19 |
| Citation span | 2010 - 2017 (8) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |