The impact of the strategic sale of restructured banks: evidence from Indonesia

• Main Authors: Riyanto, Yohanes Eko, Parinduri, Rasyad A.
• 其他作者: School of Humanities and Social Sciences
• 格式: Article
• 語言: English
• 出版: 2013
• 在線閱讀: https://hdl.handle.net/10356/97072; http://hdl.handle.net/10220/11743

We examine the effect of strategic sale, which is the sale of banks to strategic foreign investors, on bank performance. The Government of Indonesia implemented such a policy as part of a bank restructuring in the aftermath of the 1998 banking crisis. Using difference-in-differences models, we find...