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• W3122775023 abstract "In a newly liberalized credit market, foreign banks with cost advantages are likely to be less informed than domestic banks that hold information on credit risks. These relative advantages may generate incentives for a foreign bank to negotiate acquisition of a domestic bank in order to capture information endowments. However, if it is difficult to assess the value of information held by banks, the foreign bank will face important choices about the optimal mode of entry and what acquisition price to pay. These choices have implications for the survival of domestic banks and how capital is allocated after liberalization." @default.
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• W3122775023 date "2007-12-01" @default.
• W3122775023 modified "2023-09-23" @default.
• W3122775023 title "Asymmetric information and the mode of entry in foreign credit markets" @default.
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• W3122775023 doi "https://doi.org/10.1016/j.jbankfin.2007.01.016" @default.
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