Huynh, Japan; Van Dan Dang - In: Cogent economics & finance 9 (2021) 1, pp. 1-24
The paper examines how loan portfolio diversification drives bank returns, mainly focusing on the conditioning roles of … increased sectoral loan portfolio diversification reduces bank returns, but not all banks are equally affected. Banks that … adopted a business model towards non-interest activities are hurt less from loan portfolio diversification, and bank market …