Berger, Allen N.; Hasan, Iftekhar; Zhou, Mingming - In: Journal of Banking & Finance 33 (2009) 1, pp. 113-130
China is reforming its banking system, partially privatizing and taking on minority foreign ownership of three of its … minority foreign ownership is associated with significantly improved efficiency. We present corroborating robustness checks and … suggest that minority foreign ownership of the Big Four will likely improve performance significantly. …