656
Views
2
CrossRef citations to date
0
Altmetric
Research Article

Diversification strategy and bank market power: does foreign ownership matter?

, &

References

  • Abuzayed, B., N. Al-Fayoumi, and P. Molyneux. 2018. “Diversification and Bank Stability in the GCC.” Journal of International Financial Markets, Institutions & Money 57: 16–43. doi:10.1016/j.intfin.2018.04.005.
  • Berger, A. N., R. DeYoung, H. Genay, and G. F. Udell. 2001. “Globalization of Financial Institutions: Evidence from Cross-border Banking Performance.” Brookings-Wharton Papers on Financial Services 2000 (1): 23–120. doi:10.1353/pfs.2000.0001.
  • Chortareas, G. E., C. Girardone, and A. Ventouri. 2013. “Financial Freedom and Bank Efficiency: Evidence from the European Union.” Journal of Banking & Finance 37: 1223–1231. doi:10.1016/j.jbankfin.2012.11.015.
  • Doan, A.-T., K.-L. Lin, and S.-C. Doong. 2018. “What Drives Bank Efficiency? The Interaction of Bank Income Diversification and Ownership.” International Review of Economics and Finance 55: 203–219. doi:10.1016/j.iref.2017.07.019.
  • Elsas, R., A. Hackethal, and M. Holzhäuser. 2010. “The Anatomy of Bank Diversification.” Journal of Banking & Finance 34 (6): 1274–1287. doi:10.1016/j.jbankfin.2009.11.024.
  • Fu, X., Y. Lin, and P. Molyneux. 2014. “Bank Competition and Financial Stability in Asia Pacific.” Journal of Banking & Finance 38: 64–77. doi:10.1016/j.jbankfin.2013.09.012.
  • Hou, X., S. Li, W. Li, and Q. Wang. 2018. “Bank Diversification and Liquidity Creation: Panel Granger-causality Evidence from China.” Economic Modelling 71: 87–98. doi:10.1016/j.econmod.2017.12.004.
  • Kaufmann, D., A. Kraay, and M. Mastruzzi. 2010. “The Worldwide Governance Indicators: Methodology and Analytical Issues.” Hague Journal on the Rule of Law 3 (2): 220–246. doi:10.1017/S1876404511200046.
  • Lozano-Vivas, A., and F. Pasiouras. 2010. “The Impact of Non-traditional Activities on the Estimation of Bank Efficiency: International Evidence.” Journal of Banking & Finance 34 (7): 1436–1449. doi:10.1016/j.jbankfin.2010.01.006.
  • Meslier, C., R. Tacneng, and A. Tarazi. 2014. “Is Bank Income Diversification Beneficial? Evidence from an Emerging Economy.” Journal of International Financial Markets, Institutions & Money 31: 97–126. doi:10.1016/j.intfin.2014.03.007.
  • Nguyen, M., S. Perera, and M. Skully. 2016. “Bank Market Power, Ownership, Regional Presence and Revenue Diversification: Evidence from Africa.” Emerging Markets Review 27: 36–62. doi:10.1016/j.ememar.2016.03.001.
  • Pennathur, A. K., V. Subrahmanyam, and S. Vishwasrao. 2012. “Income Diversification and Risk: Does Ownership Matter? An Empirical Examination of Indian Banks.” Journal of Banking & Finance 36 (8): 2203–2215. doi:10.1016/j.jbankfin.2012.03.021.
  • Stein, J. C. 1997. “Internal Capital Markets and the Competition for Corporate Resources.” The Journal of Finance 52 (1): 111–133. doi:10.1111/j.1540-6261.1997.tb03810.x.
  • Stiroh, K. J. 2004. “Diversification in Banking: Is Noninterest Income the Answer?” Journal of Money, Credit, and Banking 36 (5): 853–882. doi:10.1353/mcb.2004.0076.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.