Does the Stock Market Value Bank Diversification

By Lieven Baele, Olivier De Jonghe, Rudi Vander Vennet. 2007

626 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/91340e5e79c174cb51b1fa49e5dc4e238b0da272

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Citations in the corpus

Is More Finance Better? Disentangling Intermediation and Size Effects of Financial Systems (2014, positive): “…financial activities has declined over time as financial 2 An example of financial services which only benefits clients is the restructuring of firm finance to reduce tax payments. institutions have diversified into non-lending activities (Demirgüc-Kunt and Huizinga, 2010; Baele et al., 2007).”
Competition and Stability in Banking (2016, positive): “In the top and bottom rows an instrument like capital requirements may be sufficient to check risk 38 See Baele et al. (2007), De Jonghe (2010), Demigüç-Kunt and Huizinga (2010), and Ratnosvski and Huang (2009).”
Institutional ownership stability and BHC performance (2008, positive): “The negative relationships between BHC performance, and firm-size and leverage are consistent with results in the literature (Anderson and Reeb, 2003; Woidtke, 2002; Baele et al., 2007).”
Bank risk and performance in the MENA region: The importance of capital requirements (2016, positive): “Demirgüç-Kunt and Huizinga (2010) and Baele et al. (2007) find that greater reliance on noninterest income is linked to more volatile returns.”
Macroprudential policy and bank systemic risk (2020, neutral): “De Jonghe (2010), Baker and Wurgler (2015) and Martinez-Miera and Suarez (2012) among others).”
Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all? (2015, background): “Baele et al. (2007) find a strong positive relation between franchise value and the degree of functional diversification for European banks over the period 1989-2004.”