Do foreign ownership and home-host country distance matter? Evidence on the impact of bank market power on liquidity creation in a selected Southeast Asian country

Overseas Risks Leading to Business Failure in Foreign Markets: Study Case of HSBC in France

“…Studies (Toh, 2019) have shown that foreign banks benefit largely from a positive market power regardless of the host country's bank situation. Findings denote (Toh & Jia, 2021) that home-host country distance could be beneficial for foreign banks only if they are composed of low value. Their small franchise sets no threats to other competitors.…”

“…Implementing a brand new business in a new market must be adapted to its cultural differences all while providing its services. The creation of liquidity is only possible when the business has been up and running for a while (Toh & Jia, 2021). The competitive markets have been it difficult for banks to instantly succeed only by implementing a branch somewhere.…”

Liquidity creation channel of monetary policy transmission in India: Do bank characteristics matter?1

“…Various other studies have also examined LC and its different aspects in other developing countries (Asia‐Pacific: Fu et al., 2016; China: Ali et al., 2019; Malaysia: Toh, 2019; South East Asia: Toh and Jia, 2021; and MENA 2 : Sahyouni and Wang, 2019). For instance, Toh and Jia (2021) investigated the response of LC to market power among domestic and foreign banks in South East Asian countries. They found that the LC of domestic banks reacts negatively to market power, whereas market power has a positive effect on the LC of foreign banks.…”

Do foreign banks disclose corporate social responsibility practices more than their local counterparts? Empirical evidence of an emerging market context

“…Plenty of proposed theories, such as the stakeholder theory, legitimacy theory, political economy theory, agency theory, and 1 Investors from foreign markets may face difficulties when entering emerging markets because of the (1) institutional distance; differences in social norms, language, race and religious beliefs from the host country and (2) institutional voids; inadequate institutional infrastructure in an emerging market's legal, political and economic environment (Bortoluzzi et al, 2014;Toh & Jia, 2021) institutional theory, have been used to explain the bank studies on the subject of CSRD. Using a comprehensive bibliometric analysis on 548 pieces of literature from 2009 to 2019, Zainuldin and Lui (2021) claimed that the stakeholder theory was the most commonly used theory to conceptualise the relationship between banks and CSR.…”