Berger, Allen N.; Hasan, Iftekhar; Zhou, Mingming - 2010
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 …