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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law > Banking law
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Long-Term Commitment (Electronic book text)
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Long-Term Commitment (Electronic book text)
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The rapid growth of foreign banks has aroused a growing interest in
the academic field and specifically as regards to the question of
why foreign banks exist. This book aims to establish the
relationship between trust as contextual knowledge capital built
between the Chinese government and foreign banks and foreign banks.
knowledge capital and the relationship between the former and
foreign banks. long-term commitment. By investigating the
development strategy of foreign banks and by examining and
explaining the importance of foreign banks. long-term commitment to
their development, this book has demonstrated that foreign banks
established branches in China not only to follow their home-country
customers in order to retain their knowledge capital but also to
gain market access. Trust as contextual knowledge capital built
between foreign banks and the Chinese government could assist their
knowledge capital retention and their market access strategy.
Foreign banks. long-term commitment could help them to achieve this
contextual knowledge capital. This book thus has major implications
for the development strategy of foreign banks in a
government-oriented economy with a controlled banking sector.
The first book covering the relationship between the governments
trust and support and the rise of foreign banks in ChinaFew studies
have analysed the development of foreign banks from the standpoint
of government, i.e. the supply side of the banking licence, and the
relationship between the development of foreign banks and the trust
built between foreign banks and the governmentThe first book
showing how some big foreign banks in China, such as HSBC, built
relationship with the Chinese government
General
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