I. Introduction -- 1. Research subject and objectives -- 2. What is a holding company? -- 3. Previous literature and the contribution of this study -- 4. Plan of the study -- II. A Powerful Institution -- 1. Introduction -- 2. The history -- 3. The main characteristics of the Belgian holding...

"This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United States on their market valuations. Using two novel identification strategies based on the dynamic process of interstate bank deregulation, we find that exogenous increases in...