@article{Internationalization:1337, recid = {1337}, author = {Hejazi, Walid and Santor, Eric}, title = {Degree of Internationalization and Performance: An Analysis of Canadian Banks}, publisher = {Bank of Canada}, address = {2005}, pages = {1 online resource (v, 33 pages)}, abstract = {The international business literature measures the link between the degree of internationalization (DOI) of a firm's activities and its performance. The results of this literature are mixed. The authors extend the analysis to Canadian bank-level data, but they also take into account the riskiness of each bank's foreign-asset exposure. The results establish a positive, but weak, relationship between DOI and performance—one that is dependent on each bank's risk profile. The authors discuss the policy implications of their analysis.}, url = {http://www.oar-rao.bank-banque-canada.ca/record/1337}, doi = {https://doi.org/10.34989/swp-2005-32}, }