Are Foreign Banks Better Performers Than Domestic Counterparts? Examining the Financialization Hypothesis in Mexico
dc.authorscopusid | 55788668700 | |
dc.authorscopusid | 57132353800 | |
dc.contributor.author | Doyran, M.A. | |
dc.contributor.author | Erdoğan, E. | |
dc.date.accessioned | 2024-07-18T20:16:58Z | |
dc.date.available | 2024-07-18T20:16:58Z | |
dc.date.issued | 2015 | |
dc.description.abstract | This article analyzes the relationship between “financialization” and the performance of credit institutions in Mexico over the period 1999–2013. On average, foreign banks have higher cost-to-income ratio and return on assets than domestically owned banks. Non-interest income to gross revenue positively contributes to foreign bank profits, which highlights income other than conventional banking transactions. When considering references in the literature to non-interest income as a proxy for financialization, our results imply that domestic banks are more dependent on traditional lending, such as interest-earning assets, whereas foreign banks seem to engage in greater diversification to support profitability. Overall, the banking system reveals tendencies (“financialization”) that can possibly work against credit facilitation in Mexico. © 2015, Copyright © Taylor & Francis Group, LLC. | en_US |
dc.description.sponsorship | ASCRS Research Foundation; City University of New York, CUNY: 67788-00 45 | en_US |
dc.description.sponsorship | We are also thankful to the Research Foundation of the PSC-CUNY Research Award Program of the City University of New York (CUNY) for its support. The grants that gave support to this scholarly work are PSC-CUNY45-193 Research Award (# 67788-00 45), April 2014. All remaining error sare of the authors. | en_US |
dc.identifier.doi | 10.1080/10978526.2015.1115730 | |
dc.identifier.endpage | 370 | en_US |
dc.identifier.issn | 1097-8526 | |
dc.identifier.issue | 4 | en_US |
dc.identifier.scopus | 2-s2.0-84958955420 | en_US |
dc.identifier.scopusquality | Q3 | en_US |
dc.identifier.startpage | 327 | en_US |
dc.identifier.uri | https://doi.org/10.1080/10978526.2015.1115730 | |
dc.identifier.uri | https://hdl.handle.net/11411/6338 | |
dc.identifier.volume | 16 | en_US |
dc.indekslendigikaynak | Scopus | en_US |
dc.language.iso | en | en_US |
dc.publisher | Routledge | en_US |
dc.relation.ispartof | Latin American Business Review | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Banking And Economic Development | en_US |
dc.subject | Financial Sector İn Emerging Markets | en_US |
dc.subject | Financialization Hypothesis | en_US |
dc.subject | Foreign Banks İn Latin America | en_US |
dc.subject | Productive Finance | en_US |
dc.title | Are Foreign Banks Better Performers Than Domestic Counterparts? Examining the Financialization Hypothesis in Mexico | |
dc.type | Article |