東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

Research on the Development of Multi...

Liu, Xin.

FindBook

Google Book

Amazon

博客來

Research on the Development of Multinational Investment Banks in China.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Research on the Development of Multinational Investment Banks in China./
作者:	Liu, Xin.
面頁冊數:	256 p.
附註:	Source: Dissertation Abstracts International, Volume: 76-09(E), Section: A.
Contained By:	Dissertation Abstracts International76-09A(E).
標題:	Banking. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3701540
ISBN:	9781321722574

Research on the Development of Multinational Investment Banks in China.
Liu, Xin.

Research on the Development of Multinational Investment Banks in China. - 256 p.

Source: Dissertation Abstracts International, Volume: 76-09(E), Section: A.

Thesis (Ph.D.)--Arizona State University, 2015.

This study investigates three issues that are relevant for the development of multinational investment banks in China. The first is about the domestic market conditions that are necessary for a country to develop multinational investment banks. The second issue is about the degree to which China has met these conditions. The last issue focuses on the potential strategies Chinese investment banks can undertake to become multinational corporations.

ISBN: 9781321722574Subjects--Topical Terms:

1557594
Banking.

Research on the Development of Multinational Investment Banks in China.
LDR:03157nmm a2200313 4500 001 2072995
005 20160902113933.5
008 170521s2015 ||||||||||||||||| ||chi d
020 $a 9781321722574
035 $a (MiAaPQ)AAI3701540
035 $a AAI3701540
040 $a MiAaPQ $c MiAaPQ
100 1 $a Liu, Xin. $3 1282495
245 1 0 $a Research on the Development of Multinational Investment Banks in China.
300 $a 256 p.
500 $a Source: Dissertation Abstracts International, Volume: 76-09(E), Section: A.
500 $a Advisers: Chun Chang; Wei Shen.
502 $a Thesis (Ph.D.)--Arizona State University, 2015.
520 $a This study investigates three issues that are relevant for the development of multinational investment banks in China. The first is about the domestic market conditions that are necessary for a country to develop multinational investment banks. The second issue is about the degree to which China has met these conditions. The last issue focuses on the potential strategies Chinese investment banks can undertake to become multinational corporations.
520 $a To address the first issue, I draw an important distinction between international investment banks and multinational investment banks. For an international investment bank to be regarded as a multinational, I propose that it must have a strong presence (i.e., holding at least one percent of the market share) in at least two of the seven major capital markets in the world. Using this criterion, I identify 25 multinational investment banks. I then analyze their home countries' domestic market conditions and propose that the following six factors are important to the development of multinational investment banks: the size of the home country's gross domestic product (GDP), the total capitalization of its domestic security market, the number of its Global 500 firms, the volume of its foreign direct investment (FDI), the internationalization of its currency, and the openness of its capital market to foreign investors.
520 $a By comparisons, I find that China's domestic market conditions are comparable to the home countries of multinational investment banks with respect to the size of GDP, total market capitalization, the number of Global 500 firms, and the volume of FDI. What China lags behind are the internationalization of currency and the openness of capital market to foreign investors. Given the current trends of development, it is very likely that China will be able to catch up on the latter within ten years, thus meeting all the conditions necessary for the development of multinational investment banks.
520 $a Based on the above findings, I suggest that Chinese investment banks seize this historical opportunity, speed up the internationalization of their businesses, and learn from the experiences of global industry leaders to become truly multinational corporations.
590 $a School code: 0010.
650 4 $a Banking. $2 bicssc $3 1557594
650 4 $a Icelandic & Scandinavian literature. $3 3180422
690 $a 0770
690 $a 0362
710 2 $a Arizona State University. $b Business Administration. $3 1679662
773 0 $t Dissertation Abstracts International $g 76-09A(E).
790 $a 0010
791 $a Ph.D.
792 $a 2015
793 $a Chinese
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3701540