Banks’ Strategic International Expansion: Evidence from Africa
| Main Author: | Elumah, Lucas |
|---|---|
| Format: | Article info application/pdf Journal |
| Bahasa: | eng |
| Terbitan: |
The Indonesian Institute of Science and Technology Research
, 2023
|
| Subjects: | |
| Online Access: |
https://journal.iistr.org/index.php/JMSD/article/view/407 https://journal.iistr.org/index.php/JMSD/article/view/407/330 |
| ctrlnum |
article-407 |
|---|---|
| fullrecord |
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<dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><title lang="en-US">Banks’ Strategic International Expansion: Evidence from Africa</title><creator>Elumah, Lucas</creator><subject lang="en-US">Acquisitions</subject><subject lang="en-US">Africa</subject><subject lang="en-US">Globalisation</subject><subject lang="en-US">Internationalization</subject><subject lang="en-US">Strategic Alliance</subject><description lang="en-US">This study identified the strategies adopted by banks in Africa to gain access to international markets and why banks establish foreign operations. Twenty-two African banks were selected to examine the entry mode and number of foreign outlets. The study affirmed that most African banks expanded their operations internationally via acquisitions and strategic alliances. At the same time, the motive for expansion is linked to market development to serve customers operating in overseas markets, government policies, and strategic knowledge sourcing. Furthermore, some reasons identified include expanding operations, defensive expansion, and protecting existing bank client relations. The study recommends that African banks should strive to adapt different internationalisation strategies primarily driven by their desire to gain knowledge.</description><publisher lang="en-US">The Indonesian Institute of Science and Technology Research</publisher><date>2023-10-11</date><type>Journal:Article</type><type>Other:info:eu-repo/semantics/publishedVersion</type><type>Journal:Article</type><type>File:application/pdf</type><identifier>https://journal.iistr.org/index.php/JMSD/article/view/407</identifier><identifier>10.56741/jmsd.v2i03.407</identifier><source lang="en-US">Journal of Management Studies and Development; Vol. 2 No. 03 (2023): Journal of Management Studies and Development; 262-270</source><source>2962-5467</source><source>2962-5955</source><language>eng</language><relation>https://journal.iistr.org/index.php/JMSD/article/view/407/330</relation><rights lang="en-US">Copyright (c) 2023 Lucas Elumah</rights><rights lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</rights><recordID>article-407</recordID></dc>
|
| language |
eng |
| format |
Journal:Article Journal Other:info:eu-repo/semantics/publishedVersion Other File:application/pdf File Journal:Journal |
| author |
Elumah, Lucas |
| title |
Banks’ Strategic International Expansion: Evidence from Africa |
| publisher |
The Indonesian Institute of Science and Technology Research |
| publishDate |
2023 |
| topic |
Acquisitions Africa Globalisation Internationalization Strategic Alliance |
| url |
https://journal.iistr.org/index.php/JMSD/article/view/407 https://journal.iistr.org/index.php/JMSD/article/view/407/330 |
| contents |
This study identified the strategies adopted by banks in Africa to gain access to international markets and why banks establish foreign operations. Twenty-two African banks were selected to examine the entry mode and number of foreign outlets. The study affirmed that most African banks expanded their operations internationally via acquisitions and strategic alliances. At the same time, the motive for expansion is linked to market development to serve customers operating in overseas markets, government policies, and strategic knowledge sourcing. Furthermore, some reasons identified include expanding operations, defensive expansion, and protecting existing bank client relations. The study recommends that African banks should strive to adapt different internationalisation strategies primarily driven by their desire to gain knowledge. |
| id |
IOS20041.article-407 |
| institution |
Indonesian Institute of Science and Technology Research |
| institution_id |
10707 |
| institution_type |
library:public library |
| library |
Indonesian Institute of Science and Technology Research (IISTR) |
| library_id |
7954 |
| collection |
Journal of Management Studies and Development |
| repository_id |
20041 |
| subject_area |
Management Studies Accounting Business Organization Theory |
| city |
KOTA YOGYAKARTA |
| province |
DAERAH ISTIMEWA YOGYAKARTA |
| repoId |
IOS20041 |
| first_indexed |
2024-06-11T03:03:49Z |
| last_indexed |
2024-06-13T03:35:53Z |
| recordtype |
dc |
| _version_ |
1801715898543767552 |
| score |
9.9049015 |