兼松セミナー (Kanematsu Seminar)
| 日時： （Date&Time) |
2007年7月13日（金）午前10時半から （Friday, July 13, 2007, 10:30pm〜） |
| 報告者： （Speaker） |
Uwe Friedrich VOLLMER |
| 所属： （Affiliation） |
ライプツィッヒ大学経済学部 （Economics Department, University of Leipzig） |
| 論題： （Topic） |
Banks’ Internationalization Strategies: The Role of Bank Capital Regulation 銀行の国際化戦略：銀行の資本規制 |
| 概要： (Abstract) |
We study how capital requirements influence a bank’s mode of foreign market entry. We model an internationally operating bank that creates and allocates liquidity across countries and argue that the advantage of multinational banking over offering cross-border financial services depends on the benefit and the cost of intimacy with local markets. The benefit is that it allows multinational banks to create more liquidity. The cost is that it causes inefficiencies in internal capital markets, on which a multinational bank relies to allocate liquidity across countries. Capital requirements affect this trade-off by influencing the degree of inefficiency in internal capital markets. Keywords: Incomplete financial contracting; Cross-border financial services; Multinational banking; Liquidity allocation; Capital regulation. |
| 会場： (Place) |
神戸大学経済経営研究所 調査室 （兼松記念館1階） Seminar Room at RIEB (Kanematsu Memorial Hall 1st Floor) |
| 対象： （Intended Audience) |
教員，院生，学部生，および同等の知識をお持ちの方 Faculty, Graduate Students, Undergraduates, and People with Equivalent Knowledge |
| 使用言語： （Language) |
英語 English |
| 備考： (Note) |
論文のコピーは研究助成室にご用意しております。 |