Huynh, Japan; Van Dan Dang - In: Cogent economics & finance 9 (2021) 1, pp. 1-24
The paper examines how loan portfolio diversification drives bank returns, mainly focusing on the conditioning roles of business models and market power in this nexus. We employ a sample of Vietnamese commercial banks from 2008 to 2019 to perform regressions in the dynamic panel models with the...