Multinational Banks And Foreign Expansion Decisions 1st Ed Cansu Eray by Cansu Eray 9783030368784, 9783030368791, 3030368785, 3030368793 instant download after payment.

This book
presents a detailed review for multinational banks’ foreign entry strategies to
overseas markets by examining expansion decisions from ultimate motives to
further consequences of those resolutions. Even if there are plenty of
resources that examine entry decisions to distant markets, there is a need to
draw a bigger picture to see this process within all features. This necessity
encourages me to analyze this phenomenon deeply.

At the
beginning of this study, I had focused on multinational banks’ decision-making
process by analyzing current knowledge within systematic literature review.
However, after working on the literature within examining practical
implications, my conceptual view of this phenomenon widened by realizing other
counterparties in the process like host country and its policymakers due to
their impacts on further strategic steps in overseas market.

The
correlation between the entry decision motivations and the chosen strategy has
driven further implications on the host country in terms of its market
conditions. These consequences should be considered in the decision-making
process of entrants because, in the long run, they will change the economic
conditions of the host country as well as policies for foreign entrants in the
market.

By trying
to analyze the concept of entry decisions with regard to all counterparties
from multinational banks to the host country policymakers, I believe that this
book can help to imply practices and build strategies thanks to knowing each
side of the story. Hopefully, it may provide a beginning point for
practitioners in this field as well as researchers to take this study one step
further.

Finally, I
would like to say that every decision we make reaches to distant conclusions
not only for us but also for others we effect on the road. Therefore, it is
important to try to predict further implications of each step to create a
better world for everyone.

This study
conducted by using the systematic literature review methodology to provide
well-structured information about foreign expansion decisions  to provide well-structured information about
foreign expansion decisions of multinational banks (MNBs). The main objective
of the review is assessing available knowledge for this phenomenon in terms of
its main drivers, the implications based on distinctive conditions, and
subsequent impacts on the host country. Therefore, a review scheme based on the
“Reasons-Phenomenon-Consequences” logic used by comparing current findings that
have been developed between 2003 and 2018, from the last known literature
review.

As a result
of screening 141 papers, 28 articles are selected according to defined criteria
from leading international research journals in order to reach a synthesized
framework that links the entry decisions of MNBs to foreign markets with its
reasons and consequences. The fundamental motivations of overseas expansion
summarized under two main drivers: location-specific factors and
ownership-specific factors. Home and host country integration, market
opportunities in the host country, and host country regulations classified
under location-based drivers while size, efficiency and performance, and home
country regulations fell under ownership-specific factors. These factors
examined as “Reasons” of the phenomenon.

In the
phenomenon part, based on the priorities of above motives, foreign entry
strategies analyzed by focusing on specific characters of crossborder lending,
greenfield investment, and acquisition as an entry mode. The decision-making
process of these entry types studied along with their benefits and challenges
as well. Moreover, organizational forms of foreign entry included in the
project by examining representative office, agency, branch, subsidiary, and
joint-venture.

To compare
these strategic movements efficiently, the 5W1H approach used as “what, who,
why, where, when, how.” The main questions used in the study are: What is the
selected entry mode? Who would use this entry mode? Why is this entry mode
chosen by multinational banks (MNBs)? Where is the best place to apply this entry
mode as a strategic decision? When would this entry mode be optimal? How MNBs
get the most benefit from this entry mode/How challenging is this entry
strategy?

At last but
not least, consequences of each entry mode emphasized by examining impacts of foreign
entry to the host country in terms of market conditions like competition,
lending rates of small and medium enterprises, market interest rates, financial
stability of the market, and finally further policy changes. Having knowledge
of these further effects should help to build plans effectively for long-run
decisions.

Finally,
many studies have conducted on the foreign expansion of MNBs; but it is still
complicated to apply managerial implications because of complex determinants
that can alter in every case and differences between databases in the current
literature. There are neither best application nor a formula that works for
every organization. Thus, considering all practices in the theory to take
best-fit parts would be better to gain a higher advantage in the competition.
However, in this hectic business world, there is not much time for searching
academic findings to determine a roadmap for internationalization strategies.
Therefore, this systematic review of current literature gives an insight into
the foreign expansion decisions for managerial implications by examining this
phenomenon from its drivers to consequences throughout pointing out main findings
critically.