An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/41627 |
Resumo: | Through globalisation it has become increasingly important for banks to develop effective internationalisation strategies to remain competitive in the global market. Therefore, it is important to look at the drivers behind bank’s internationalisation strategies and their effectiveness. This thesis analyses BNP Paribas’ internationalisation strategy through qualitative methods to provide an understanding on how banks expand to new foreign markets. Primary data was acquired by interviewing senior managers from BNP Paribas and further secondary data was used to validate the findings. The thesis studied differences in strategy between well-diversified banks and traditional retail banks, with the aim to understand the drivers behind BNP Paribas’ success in its internationalisation. Specifically, the study finds that cultural similarity of target markets diminishes when studying more diversified banks, shifts in the home market affect foreign expansion, and building home market capabilities is essential before beginning foreign expansion. These findings have important managerial implications and provide practical insights for banks planning to expand internationally and contribute to the academic research on banks’ internationalisation strategies. By carefully considering their unique strengths and weaknesses when developing their internationalisation strategy banks can achieve greater success in the global market. |
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An analysis of internationalisation strategies adopted by diversified banks : the case of BNP ParibasInternationalisationInternationalisation of banksMergers and acquisitionsDiversified banksMarket entryInternacionalizaçãoInternacionalização de bancosFusões e aquisiçõesBancos diversificadosEntrada no mercadoDomínio/Área Científica::Ciências Sociais::Economia e GestãoThrough globalisation it has become increasingly important for banks to develop effective internationalisation strategies to remain competitive in the global market. Therefore, it is important to look at the drivers behind bank’s internationalisation strategies and their effectiveness. This thesis analyses BNP Paribas’ internationalisation strategy through qualitative methods to provide an understanding on how banks expand to new foreign markets. Primary data was acquired by interviewing senior managers from BNP Paribas and further secondary data was used to validate the findings. The thesis studied differences in strategy between well-diversified banks and traditional retail banks, with the aim to understand the drivers behind BNP Paribas’ success in its internationalisation. Specifically, the study finds that cultural similarity of target markets diminishes when studying more diversified banks, shifts in the home market affect foreign expansion, and building home market capabilities is essential before beginning foreign expansion. These findings have important managerial implications and provide practical insights for banks planning to expand internationally and contribute to the academic research on banks’ internationalisation strategies. By carefully considering their unique strengths and weaknesses when developing their internationalisation strategy banks can achieve greater success in the global market.Graças à globalização, a necessidade de os bancos desenvolverem efetivas estratégias de internacionalização no mercado global, a fim de garantirem a sua competitividade, tornou-se um imperativo cada vez mais crescente. Esta tese analisa a estratégia de expansão internacional da Instituição BNP Paribas através de métodos qualitativos que proporcionam uma compreensão acerca de como os Bancos se expandem em novos mercados estrangeiros. Para isso, estudaremos diferenças de estratégia entre bancos bem diversificados e bancos de retalho tradicional com vista a entender as causas que levaram à internacionalização bem-sucedida em particular do BNP Paribas. A tese utiliza informação adquirida através de entrevistas realizadas diretamente a gestores executivos da instituição em analise, num primeiro nível, sendo validada e corroborada com informação secundaria. Especificamente, o estudo revela que a similaridade cultural dos mercados alvo diminui quando estamos perante bancos com portefólio diversificado, mudanças no mercado interno afetam a expansão internacional e que a construção de capacidades no mercado doméstico é fulcral antes de se dar início a qualquer processo de internacionalização. Estas descobertas têm importantes implicações no processo de gestão e providenciam conhecimentos práticos a bancos que pretendam dar início ao seu processo de expansão internacional, bem como a contribuição para a pesquisa académica alusiva a Estratégias de Expansão Internacional bancária. Considerando analiticamente e criteriosamente as suas maiores vantagens bem como fraquezas aquando do desenvolvimento da sua estratégia de internacionalização, os bancos exponenciam a sua probabilidade de sucesso no mercado global.Parada, PedroVeritati - Repositório Institucional da Universidade Católica PortuguesaNuutinen, Jonna Linnéa2023-05-082023-042024-04-03T00:00:00Z2023-05-08T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/41627TID:203299965enginfo:eu-repo/semantics/embargoedAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-12T17:47:12Zoai:repositorio.ucp.pt:10400.14/41627Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:34:17.723352Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas |
title |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas |
spellingShingle |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas Nuutinen, Jonna Linnéa Internationalisation Internationalisation of banks Mergers and acquisitions Diversified banks Market entry Internacionalização Internacionalização de bancos Fusões e aquisições Bancos diversificados Entrada no mercado Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas |
title_full |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas |
title_fullStr |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas |
title_full_unstemmed |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas |
title_sort |
An analysis of internationalisation strategies adopted by diversified banks : the case of BNP Paribas |
author |
Nuutinen, Jonna Linnéa |
author_facet |
Nuutinen, Jonna Linnéa |
author_role |
author |
dc.contributor.none.fl_str_mv |
Parada, Pedro Veritati - Repositório Institucional da Universidade Católica Portuguesa |
dc.contributor.author.fl_str_mv |
Nuutinen, Jonna Linnéa |
dc.subject.por.fl_str_mv |
Internationalisation Internationalisation of banks Mergers and acquisitions Diversified banks Market entry Internacionalização Internacionalização de bancos Fusões e aquisições Bancos diversificados Entrada no mercado Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Internationalisation Internationalisation of banks Mergers and acquisitions Diversified banks Market entry Internacionalização Internacionalização de bancos Fusões e aquisições Bancos diversificados Entrada no mercado Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
Through globalisation it has become increasingly important for banks to develop effective internationalisation strategies to remain competitive in the global market. Therefore, it is important to look at the drivers behind bank’s internationalisation strategies and their effectiveness. This thesis analyses BNP Paribas’ internationalisation strategy through qualitative methods to provide an understanding on how banks expand to new foreign markets. Primary data was acquired by interviewing senior managers from BNP Paribas and further secondary data was used to validate the findings. The thesis studied differences in strategy between well-diversified banks and traditional retail banks, with the aim to understand the drivers behind BNP Paribas’ success in its internationalisation. Specifically, the study finds that cultural similarity of target markets diminishes when studying more diversified banks, shifts in the home market affect foreign expansion, and building home market capabilities is essential before beginning foreign expansion. These findings have important managerial implications and provide practical insights for banks planning to expand internationally and contribute to the academic research on banks’ internationalisation strategies. By carefully considering their unique strengths and weaknesses when developing their internationalisation strategy banks can achieve greater success in the global market. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-05-08 2023-04 2023-05-08T00:00:00Z 2024-04-03T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.14/41627 TID:203299965 |
url |
http://hdl.handle.net/10400.14/41627 |
identifier_str_mv |
TID:203299965 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/embargoedAccess |
eu_rights_str_mv |
embargoedAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799132069623758848 |