Tran Hung Son; Nguyen, Dat T.; Nguyen Khuong Vinh; Canh … - In: Prague economic papers : a bimonthly journal of … 32 (2023) 5, pp. 550-568
Using a macro-level dataset covering 173 countries from 2000 to 2020, this study is the first attempt to examine how income diversification and market concentration are related to bank stability. Firstly, we document that bank stability is positively related to revenue diversification,...