asset diversification. We form a structural model in which bank capital affects stability through liquidity creation, and … asset diversification moderates the relationship between liquidity and stability of banks. We employ a moderated mediation … moderated by "asset diversification". Higher asset diversification mitigates the detrimental impact of liquidity creation on …

corporate diversification strategy as an identification tool for organizational structure, we find that diversified firms have … effect of diversification on the cost of a bank loan is channeled primarily through coinsurance in investment opportunities … and cash flows and that the effect is nonlinear: as the extent of corporate diversification grows, the cost …