geographic complexity can engender explicit trade-offs between the agency problems that increase risk and the diversification … geographic scope tend to provide diversification gains and reduce idiosyncratic and liquidity risks while also increasing BHCs …

models. We first show analytically how model specification impacts 'diversification benefits' for aggregated market and …

benefit of greater diversification in terms of higher monitoring dominates the costs of free-riding and duplication of efforts …

of greater diversification in terms of higher monitoring dominates the costs of free-riding and duplication of efforts …

Should banks be diversified or focused? Does diversification indeed lead to enhanced performance and, therefore … banks? profitability (ROA) and their portfolio diversification across different industries, broader economic sectors and … performance benefits associated with diversification since each type of diversification tends to reduce the banks? returns …

benefit of greater diversification in terms of higher monitoring dominates the costs of free-riding and duplication of efforts …

We classify a large sample of banks according to the geographic diversification of their international syndicated loan … source of funding, while foreign banks with little diversification are the most fickle. Our findings suggest that the decline …