Lee, Chien-Chiang; Hsieh, Meng-Fen - In: Journal of Financial Services Research 44 (2013) 1, pp. 87-109
The purpose of this paper is to investigate the relation between competition, profitability, and risk. The investigation uses bank-level panel data from 171 Chinese banks during 1993 to 2007. Throughout the whole sample, the empirical results divulge that increased bank concentration in China...