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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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier Inc.
2020
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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 |