Financial crisis, bank diversification, and financial stability: OECD countries

Using a sample of commercial banks based in OECD countries, we investigate the effect of bank diversification on financial stability and find a significantly nonlinear (i.e., inverted U-shaped) relationship. These findings suggest that a moderate degree of bank diversification increases bank stabili...

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Bibliographic Details
Main Authors: Kim, Hakkon, Batten, Jonathan A., Ryu, Doojin
Format: Article
Language:English
Published: Elsevier Inc. 2020
Subjects:
Online Access:http://repo.uum.edu.my/27278/1/IREF%2065%202020%2094%20104.pdf
http://repo.uum.edu.my/27278/
http://doi.org/10.1016/j.iref.2019.08.009
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Institution: Universiti Utara Malaysia
Language: English