A REVIEW OF INDIGENOUS BANKS IN HONG KONG: IMPLICATIONS FOR SMALL FIRMS MANAGING STRATEGIC CHANGE
Journal of Small Business and Enterprise Development
ISSN: 1462-6004
Article publication date: 1 February 1997
Abstract
This paper reviews the strategic responses of successful local Chinese banks (LCBs) in the changeable Hong Kong banking sector over the past decades. Given the mixed outlook of the industry resulting from the handover of sovereignty, financial internationalization, and regional and domestic economic developments, this paper also discusses the benefits of using strategic alliance as a means for LCBs to meet current and future challenges. Based on case reviews, the paper demonstrates the values of strategic management concepts for small banks to cope with an externally oriented and politically uncertain operating environment.
Citation
Yee‐kwong Chan, R. (1997), "A REVIEW OF INDIGENOUS BANKS IN HONG KONG: IMPLICATIONS FOR SMALL FIRMS MANAGING STRATEGIC CHANGE", Journal of Small Business and Enterprise Development, Vol. 4 No. 2, pp. 95-107. https://doi.org/10.1108/eb020984
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited