Showing 1 - 10 of 351
Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … diversification strategies and the risk-return tradeoff in banking. Our data set covers Russian banks during the 1999-2006 period and … recent financial crisis suggests that aggressive diversification strategies may have resulted in increased risk taking and …
Persistent link: https://www.econbiz.de/10013139765
effect varies across banking crises, market crises, and normal times that occurred in the U.S. over the past quarter century … all times (during banking crises, market crises, and normal times). Second, capital enhances the performance of medium and … large banks primarily during banking crises. Additional tests explore channels through which capital generates the …
Persistent link: https://www.econbiz.de/10011893182
effect varies across banking crises, market crises, and normal times that occurred in the US over the past quarter century … all times (during banking crises, market crises, and normal times). Second, capital enhances the performance of medium and … large banks primarily during banking crises. Additional tests explore channels through which capital generates these effects …
Persistent link: https://www.econbiz.de/10010665556
This paper investigates the effects of focus versus diversification on bank performance using data on Chinese banks … during the 1996-2006 period. We construct a new measure, economies of diversification, and compare the results to those of …. Diversification is captured in four dimensions: loans, deposits, assets, and geography. We find that all four dimensions of …
Persistent link: https://www.econbiz.de/10008540685
This paper investigates the effects of focus versus diversification on bank performance using data on Chinese banks … during the 1996-2006 period. We construct a new measure, economies of diversification, and compare the results to those of …. Diversification is captured in four dimensions: loans, deposits, assets, and geography. We find that all four dimensions of …
Persistent link: https://www.econbiz.de/10008548293
Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … diversification strategies and the risk-return tradeoff in banking. Our data set covers Russian banks during the 1999-2006 period and … recent financial crisis suggests that aggressive diversification strategies may have resulted in increased risk taking and …
Persistent link: https://www.econbiz.de/10008466294
This paper investigates the effects of focus versus diversification on bank performance using data on Chinese banks … during the 1996-2006 period. We construct a new measure, economies of diversi-fication, and compare the results to those of …. Diversification is captured in four dimensions: loans, deposits, assets, and geography. We find that all four dimensions of …
Persistent link: https://www.econbiz.de/10012148603
We examine the impact of economic policy uncertainty (EPU) on bank liquidity hoarding. We create a comprehensive measure of bank liquidity hoarding that takes into account asset-, liability-, and off-balance sheet activities. Using over one million bank-quarter observations, we find that in...
Persistent link: https://www.econbiz.de/10012853824
We present a life cycle view of how systemic risks build during a boom, are realized during the following crisis, and are addressed in the aftermath. We also offer potential explanations of the seemingly irrational behavior by private-sector agents and policy makers. We show how the model...
Persistent link: https://www.econbiz.de/10013306654
outcomes in banking. We test if these factors increase the probability that the appointee to an executive board is an outsider … educational backgrounds affect tenure differently across the banking sectors. Maintaining more contacts to the executive board … reduces tenure. We also find weak evidence that social ties are associated with reduced profitability, consistent with …
Persistent link: https://www.econbiz.de/10010662601