Liu, Wan-Chun; Hsu, Chen-Min - In: Emerging Markets Finance and Trade 50 (2014) 03, pp. 190-200
The paper aims to examine the determinants of profit performance of financial holding companies (FHCs) using panel data for the period 2001-9. The effects of bank-specific ownership structure and dual-core strategy are examined. Our findings show that (1) business diversification, a lower...