THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA

THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA

Bank efficiency studies in Latin America document that foreign banks are more efficient than local banks, but they do not isolate the performance ofbanks that are a part ofbusiness groups ("Grupos "). We investigate the efficiency o f Grupos as compared to foreign banks and find that in th...

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Bibliographic Details
Main Authors: Steven Lovell, Andres Rivas, Dave Jackson
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2005-03-01
Series:Global Business and Finance Review
Subjects:
comparative efficiency
foreign controlled bank
ban efficiency
grupo
free market
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150624114234-E6JT4.pdf
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spelling doaj-35c463dc2a094e7ebe7b0d0f8d0174072021-02-17T05:03:06ZengPeople & Global Business Association (P&GBA)Global Business and Finance Review 1088-69312384-16482005-03-011011525THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICASteven Lovell0Andres Rivas1Dave Jackson2University of Texas-Pan AmericanTexas A&M International UniversityTexas A&M International UniversityBank efficiency studies in Latin America document that foreign banks are more efficient than local banks, but they do not isolate the performance ofbanks that are a part ofbusiness groups ("Grupos "). We investigate the efficiency o f Grupos as compared to foreign banks and find that in the more economically free market o f Chile, Grupo banks are more efficient but find no significant difference in the less economically freemarketsofBrazilandMexico. Weattributeourfindingstoagencyissues,whichaffectbothforeignand Grupo banks causing inefficient resource usage in less economically free markets. In more economically free markets, we attribute differences to increased availability ofcapital.http://www.gbfrjournal.org/pds/journal/thesis/20150624114234-E6JT4.pdfcomparative efficiencyforeign controlled bankban efficiencygrupofree market
collection DOAJ
language English
format Article
sources DOAJ
author Steven Lovell
Andres Rivas
Dave Jackson
spellingShingle Steven Lovell
Andres Rivas
Dave Jackson
THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA
Global Business and Finance Review
comparative efficiency
foreign controlled bank
ban efficiency
grupo
free market
author_facet Steven Lovell
Andres Rivas
Dave Jackson
author_sort Steven Lovell
title THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA
title_short THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA
title_full THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA
title_fullStr THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA
title_full_unstemmed THE COMPARATIVE EFFICIENCY OF "GRUPO" AND FOREIGN CONTROLLED BANKS IN LATIN AMERICA
title_sort comparative efficiency of "grupo" and foreign controlled banks in latin america
publisher People & Global Business Association (P&GBA)
series Global Business and Finance Review
issn 1088-6931
2384-1648
publishDate 2005-03-01
description Bank efficiency studies in Latin America document that foreign banks are more efficient than local banks, but they do not isolate the performance ofbanks that are a part ofbusiness groups ("Grupos "). We investigate the efficiency o f Grupos as compared to foreign banks and find that in the more economically free market o f Chile, Grupo banks are more efficient but find no significant difference in the less economically freemarketsofBrazilandMexico. Weattributeourfindingstoagencyissues,whichaffectbothforeignand Grupo banks causing inefficient resource usage in less economically free markets. In more economically free markets, we attribute differences to increased availability ofcapital.
topic comparative efficiency
foreign controlled bank
ban efficiency
grupo
free market
url http://www.gbfrjournal.org/pds/journal/thesis/20150624114234-E6JT4.pdf
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AT andresrivas comparativeefficiencyofgrupoandforeigncontrolledbanksinlatinamerica
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