The dark side of diversification: The case of US financial holding companies
By Kevin J. Stiroh, Adrienne S. Rumble. 2006
1,173 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/1fbb16bb7947ada3a308b584bac1d3e5e7f4cf0d
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In Accounting
- Fadzlan Sufian
- Chen Lin
- Amine Tarazi
- Olivier De Jonghe
- Yue Ma
- Yong Tan
- Phil Molyneux
- Antonio Trujillo-Ponce
In Finance
- Phil Molyneux
- Fadzlan Sufian
- Yong Tan
- Chen Lin
- John O. S. Wilson
- Yue Ma
- Olivier De Jonghe
- Amine Tarazi
Citations in the corpus
- Profitability of the Korean Banking Sector: Panel Evidence on Bank-Specific and Macroeconomic Determinants (2011, background): “banking system (Berger, 1995; Angbazo, 1997; DeYoung and Rice, 2004; Stiroh and Rumble, 2006; Hirtle and Stiroh, 2007) and the banking systems in the western and developed countries such as New Zealand (Ho and Tripe, 2002), Australia (Williams, 2003), Greece (Pasiouras and Kosmidou, 2007; Kosmidou e”
- Back to the Basics in Banking? A Micro-Analysis of Banking System Stability (2009, background): “However, these arguments are contradicted somewhat by more recent ndings (DeYoung and Roland, 2001; Stiroh, 2004a; Stiroh, 2004b and Stiroh and Rumble, 2006).”
- Determinants of bank profitability in transition countries: What matters most? (2016, background): “, 2009; Smirlock, 1985), while the second group of scholars find it to be negative (Pasiouras and Kosmidou, 2007; Stiroh and Rumble, 2006).”
- The diversification and financial performance of US credit unions. (2008, background): “For banks, both in the US and elsewhere, several researchers have explored relationships between non-interest income and business strategies, market conditions, technological change and risk-adjusted financial performance (Gallo et al., 1996; DeYoung and Rice, 2004a,b,c; Stiroh, 2004a,b; Calmes and ”
- Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all? (2015, background): “For the U.S. banking sector, several authors provide evidence that there are no significant benefits for earnings or earnings volatility (risk) (e.g., DeYoung and Roland, 2001; Stiroh, 2004; Stiroh and Rumble, 2006).”
- Banks as Continuous Reinvention (2007, background): “Kevin Stiroh and Adrienne Rumble, looking at US financial holding companies, found evidence that diversification benefits exist but these gains are offset by the increased exposure to noninterest activities.(16) Problems about finding a general, ahistoric logic often encourages attempts to define lo”
- Market power, revenue diversification and bank stability: Evidence from selected South Asian countries (2012, background): “While some studies show that the combination of lending and other earning activities affords diversification and risk reduction benefits for banks, others find that revenue diversification has a significant positive impact on earnings volatility (Stiroh, 2004; Stiroh and Rumble, 2006).”
- What Determines the Profitability of Banks? Evidence from Spain (2013, positive): “15 Stiroh and Rumble (2006) employ a similar index.”
- What Explains the Low Profitability of Chinese Banks (2009, neutral): “Stiroh and Rumble (2006), in turn, show the downside of size.”
- Macroprudential policy and bank systemic risk (2020, positive): “This confirms the finding by van Oordt and Zhou (2019) that the individual risk measure is closely related to the probability of default of the bank. As a result, we can expect that macroprudential tools that are aimed at improving the credit risk of the bank, such as loan loss provisioning tools or”
- Do Bank Regulation, Supervision and Monitoring Enhance or Impede Bank Efficiency? (2013, background): “See, for example, Laeven and Levine (2007), Stiroh (2004), Stiroh and Rumble (2006), Lepetit et al. (2008a) and Lepetit et al. (2008b). political benefits.”
- The profitability of banks in Japan (2010, neutral): “Several studies have explored relationships between diversification and financial performance (DeYoung and Rice, 2004; Stiroh and Rumble, 2006; Carbo and Fernandez, 2007; Laeven and Levine, 2007; Mercieca et al., 2007; Lepetit et al., 2008).”