A Resource-Based Approach to Mergers and Concentration of the Banking System in Mexico Post Crisis 1994
39 Pages Posted: 22 Aug 2013
Date Written: August 19, 2013
The strength of the companies is sustained in the resources that it owns, that can be considered like a barrier to the entrance for other companies. The case of the banking sector of these resources was affected by the crisis of 1994, devastated with the anti-crisis measures and the entrance of foreign competitors at the end of the 90's decade. Under this environment it is analyzed the acceleration of the concentration at the Mexican banking system based on the resource-based theory. To have competitive advantages in resources and a solid global expansion strategy, foreign banks were able to climb to a position in the Mexican banking system, with the subsequent generation of barriers to entry to maintain its leadership.
Keywords: Resource based theory, concentration, Mexican crisis, strategic alliance
JEL Classification: G21, G24, G34
Suggested Citation: Suggested Citation