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The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios
16 references·7 citing·40 second hopsampled
The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios (2001)The Effects of Focus and Diversification …The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)The Dark Side of Internal Cap…The Cost of Diversity: The Diversification Discount and Inefficient Investment (2000)The Cost of Diversity: The Di…Can Relationship Banking Survive Competition? (2000)Can Relationship Banking Surv…Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure (1998)Theory of the Firm: Manageria…Agency Problems, Equity Ownership, and Corporate Diversification (1997)Agency Problems, Equity Owner…Diversification's effect on firm value (1995)Diversification's effect on f…Corporate focus and stock returns (1995)Corporate focus and stock ret…Tobin's q, Corporate Diversification, and Firm Performance (1994)Tobin's q, Corporate Diversif…Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Asymmetric Information, Bank …Some evidence on the uniqueness of bank loans (1987)Some evidence on the uniquene…Financial intermediary-coalitions (1986)Financial intermediary-coalit…What's different about banks? (1985)What's different about banks?Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)Risk Reduction as a Manageria…Determinants of corporate borrowing (1977)Determinants of corporate bor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Cyclical behaviour of systemic risk in the banking sector (2020)Cyclical behaviour of systemi…Discerning the impact of disaggregated non-interest income activities on bank risk and profits in the post-Gramm-Leach-Bliley Act era (2019)Discerning the impact of disa…Corporate social responsibility and bank performance in transition countries (2015)Corporate social responsibili…Competition and Strategic Information Acquisition in Credit Markets (2006)Competition and Strategic Inf…The dark side of diversification: The case of US financial holding companies (2005)The dark side of diversificat…Diversification in Banking: Is Noninterest Income the Answer? (2004)Diversification in Banking: I…Determinants and Impact of Financial Sector FDI to Emerging Economies: A Home Country's Perspective (2004)Determinants and Impact of Fi…The Pricing of Options and Corporate Liabilities (1973)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)Managerial incentives and risk-taking☆ (2005)Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)Credit Rationing in Markets with Imperfect Information (1981)The Role of Market Forces in Assuring Contractual Performance (1981)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Relationship Lending and Lines of Credit in Small Firm Finance (1995)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Bank Runs, Deposit Insurance, and Liquidity (1983)Separation of Ownership and Control (1983)Venture Capital and the Professionalization of Start‐Up Firms: Empirical Evidence (2002)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Higher market valuation of companies with a small board of directors (1996)Investor Protection and Corporate Valuation (2002)Digital Business Strategy: Toward a Next Generation of Insights (2013)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Financial intermediation and growth: Causality and causes (2000)The Nature of the Firm (1937)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)An Integrative Model Of Organizational Trust (1995)Financing Constraints and Corporate Investment (1987)The Cross-Section of Expected Stock Returns (1992)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Risk, Return, and Equilibrium: Empirical Tests (1973)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis (2002)Information Production and Capital Allocation: Decentralized versus Hierarchical Firms (2002)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)How do family ownership, control and management affect firm value? (2005)Over-investment of free cash flow (2006)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1984Financial Intermediation and Delegated Monitoring8,489 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1981Risk Reduction as a Managerial Motive for Conglomerate Mergers2,775 cited
  • 1998Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure2,749 cited
  • 1994Tobin's q, Corporate Diversification, and Firm Performance2,437 cited
  • 1985What's different about banks?2,347 cited
  • 1990Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships2,333 cited
  • 2000The Cost of Diversity: The Diversification Discount and Inefficient Investment1,684 cited
  • 1987Some evidence on the uniqueness of bank loans1,609 cited
  • 2000Can Relationship Banking Survive Competition?1,575 cited
  • 2000The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment1,556 cited
  • 1986Financial intermediary-coalitions1,439 cited
  • 1997Agency Problems, Equity Ownership, and Corporate Diversification1,305 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1995Corporate focus and stock returns1,078 cited
  • Cited by

    • 2004Diversification in Banking: Is Noninterest Income the Answer?1,208 cited
    • 2005The dark side of diversification: The case of US financial holding companies1,179 cited
    • 2006Competition and Strategic Information Acquisition in Credit Markets782 cited
    • 2015Corporate social responsibility and bank performance in transition countries27 cited
    • 2004Determinants and Impact of Financial Sector FDI to Emerging Economies: A Home Country's Perspective25 cited
    • 2019Discerning the impact of disaggregated non-interest income activities on bank risk and profits in the post-Gramm-Leach-Bliley Act era23 cited
    • 2020Cyclical behaviour of systemic risk in the banking sector20 cited