Diversification, Size, and Risk at Bank Holding Companies
نویسندگان
چکیده
منابع مشابه
Public Disclosure, Risk, and Performance at Bank Holding Companies
This paper examines the relationship between the amount of information disclosed by bank holding companies (BHCs) and their subsequent risk profile and performance. Using data from the annual reports of BHCs with large trading operations, we construct an index of publicly disclosed information about the BHCs’ forward-looking estimates of market risk exposure in their trading and market-making a...
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n the wake of the recent corporate scandals, corporate governance practices have received heightened attention. Shareholders, creditors, regulators, and academics are examining the decision-making process in corporations and other organizations and are proposing changes in governance structures to enhance accountability and efficiency. To the extent that these proposals are based on academic re...
متن کاملService Output of Bank Holding Companies in the 1990s and the Role of Risk
This paper constructs a new measure of output for Bank Holding Companies (BHCs) over the period 1986 to 1999. This flow measure of bank value added follows from a unified model of bank operation that integrates theories of production, financial intermediation, and asset pricing. The primary contribution of the model is to demonstrate how one should account for risk when measuring the value adde...
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ژورنال
عنوان ژورنال: Journal of Money, Credit and Banking
سال: 1997
ISSN: 0022-2879
DOI: 10.2307/2953695