Record Details


Field	Value

Title	Ownership Structure, Supervisory Regulation and the Diversification Effects on Bank Performance

Creator	Hsiangping Tsai Yuanchen Chang Kuanyu Lai

Description	This study examines the effects of banks diversifying into non-traditional activities. Using bank data from 70 countries, we show that diversified banks underperform their specialized peers. We further analyze and compare whether dominant ownership and supervisory regulation help constrain negative diversification performance of banks across different economic periods. The evidence suggests that domestic dominant ownership consistently has the strongest effect on restricting poor diversification performance. Foreign dominant ownership helps limit negative effects of diversification in good times, but this effect has changed during recent financial crisis. Though government ownership and activity restrictions on banks negatively affect bank diversification performance during stable economic periods, they may help stabilize bank diversification performance during turbulent periods of economic shock. Key words: Bank, Diversification, Ownership, Government Regulation and Supervision

Publisher	Journal of Financial Studies è²¡å‹™é‡‘èžå¸åˆŠ

Date	2011-03-10

Type	—

Format	application/pdf

Identifier	http://www.jfs.org.tw/index.php/jfs/article/view/2011049

Source	Journal of Financial Studies; Vol 17, No 4 (2009); 1 è²¡å‹™é‡‘èžå¸åˆŠ; Vol 17, No 4 (2009); 1

Language	—

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