Ma, Chuanhui; Fang, Junxiong - In: China journal of accounting studies 11 (2023) 4, pp. 719-755
diversification strategy aimed at reducing individual bank systemic risk is a significant topic in both theory and practice. In this … study, we investigate the impact of cross-industry loan diversification on bank systemic risk using data from listed banks … diversification on bank systemic risk operates primarily through the channel of interbank asset similarity. Additionally, we find the …