Why are Bank Profits so Persistent? The Roles of Product Market Competition, Informational Opacity, and Regional/Macroeconomic Shocks
By Allen N. Berger, Seth D. Bonime, Daniel M. Covitz, D. Hancock. 2000
336 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/c8095b70f2f61a5ef4b8ac8ecf73fe5e7b5907ed
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In Accounting
- Yong Tan
- Fadzlan Sufian
- Phil Molyneux
- John O. S. Wilson
- Jenifer Piesse
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- Barbara Casu
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In Finance
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Citations in the corpus
- Does Monetary Policy Affect Bank Risk-Taking? (2010, neutral): “Berger et al. (2000) and Goddard et al. (2004) find evidence that there is significant year-to-year persistence in the profitability of US and European banks.”
- The impact of regulatory reforms on cost structure, ownership and competition in Indian banking (2010, methodology): “However, the empirical evidence is mixed: deregulation seems to have had a positive effect on the banking sectors in some countries but not in others (Berger et al., 2000a).”
- Is Bank Income Diversification Beneficial? Evidence from an Emerging Economy (2013, neutral): “…variables we use, particularly profitability, show the tendency to persist in time28 , reflecting impediments to competition, informational asymmetry, and change in business strategies, we consider that their previous values could partially determine their current values (Berger et al., 2000).”
- The effect of organizational structure on efficiency: Evidence from the Spanish insurance industry (2004, background): “Evidence of maintained efficiency differences over time in US insurance and banking are provided by Cummins et al. (1999) and Berger et al. (2000a).”
- Bank-Specific, Industry-Specific and Macroeconomic Determinants of Bank Profitability (2008, background): “Furthermore, bank profits show a tendency to persist over time, reflecting impediments to market competition, informational opacity and/or sensitivity to regional/macroeconomic shocks to the extent that these are serially correlated (Berger et al. , 2000).”