changes in the diversification nature of banks activities. We analyzed the financial statements of (13) Jordanian banks on …) to measure the diversification degree of revenue, credit, and deposits activities.The study concluded that (a) stock … market has evaluated the changes in revenue diversification more efficiently than changes in the structure of credit or …

This paper analyzes the effects of bank manager’s incentive pay on financial stability. Two banks are owned by risk …-neutral principals and run by risk-averse managers that determine the level of leverage and how much to diversify into the other bank …’s asset. Diversification and leverage in turn determine both idiosyncratic and systemic insolvency risk. We first characterize …

specialization. We use data from the Bundesbank's quarterly borrowers statistic to determine the degree of diversification in the …