Acharya, V., I.Hansan, and A.Saunders, 2006. Should banks be diversified? Evidence from individual bank loan portfolios. Journal of Business 79: 1355-1412.
Avery, R.B., and A.N.Berger. 1991. Loan commitments and bank risk exposure. Journal of Banking and Finance 15:173-192.
Barth, J.R., G.Caprio, and R.Levine. 2004. Bank regulation and supervision: what works best?, Journal of Financial Intermediation 13(2): 205-248.
Berger, P., and E.Ofek. 1996. Bustup takeovers of value-destroying diversified firms. Journal of Finance 51: 1175-1200.
Besanko, D., and A.Thakor. 1993. Response to A note on the nonexistence of a rationing equilibrium in the Besanko-Thakor model. International Economic Review, University of Pennsylvania and Osaka 34(3):739-40.
- Boot, A., and A.V. Thakor. 1998. Can Relationship Banking survive Competition?, Discussion Papers 98-038/2, Tinbergen Institute.
Paper not yet in RePEc: Add citation now
Boot, A.W., and A.V.Thakor. 1991. Off-balance sheet liabilities, deposit insurance, and capital regulation. Journal of Banking and Finance 15: 825-846.
Boyd, J., and E.Prescott. 1986. Financial intermediary coalitions. Journal of Economic Theory 38: 211â232.
- Boyd, J., G.Hanweck, and P.Pithyachariyakul, 1980. Bank holding company diversification. In Proceedings from a Conference on Bank Structure and Competition, May. Federal Reserve Bank of Chicago: 105-120.
Paper not yet in RePEc: Add citation now
- Brunner, A., J.Decressin, D.Hardy, and B.Kudela. 2004. Germanyâs three-pillar banking system: Cross-country perspectives in Europe. IMF Working Paper 23, Washington, DC: International Monetary Fund.
Paper not yet in RePEc: Add citation now
- Campbell, T., and W.Kracaw. 1980. Information production, market signaling, and the theory of financial intermediation. Journal of Finance 35: 863â882.
Paper not yet in RePEc: Add citation now
- Chang, M.S, and E.Elyasini. 2008. Product diversification and performance in the financial industry: FHCâs expansion into insurance activities, mimeo.
Paper not yet in RePEc: Add citation now
Chari, V., and R.Jagannathan. 1988. Banking panics, information, and rational expectations equilibrium. Journal of Finance 43: 749â761.
- DellâAriccia, G. 1998. Asymmetric Information and the Structure of the Banking Industry. Working paper 92, International Monetary Fund.
Paper not yet in RePEc: Add citation now
DellâAriccia, G., E.Friedman, and R.Marquez. 1999. Adverse Selection as a Barrier to Entry in the Banking Industry. RAND Journal of Economics 30: 515-534.
DemirguÃ-Kunt, A., and H.Huizinga, 2009. Bank activity and funding strategies: The impact on risk and returns. World Bank Working Paper 4837: 1-64.
Demsetz, R.S. and P.E.Strahan. 1997. Diversification, size, and risk at U.S. bank holding companies. Journal of Money, Credit, and Banking 29: 300-313.
Denis, D.J., D.K.Denis, and A.Sarin. 1997. Agency problems, equity ownership, and corporate diversification. Journal of Finance 52: 135-160.
DeYoung, R., and K.P.Roland. 2001. Product mix and earnings volatility at commercial banks: Evidence from a degree of total leverage model. Journal of Financial Intermediation 10: 54-84.
- DeYoung, R., and T.Rice, 2004c. How do banks make money? A variety of business strategies. Federal Reserve Bank of Chicago Economic Perspectives 40: 52-67.
Paper not yet in RePEc: Add citation now
- DeYoung, R., and T.Rice. 2004a. Non-interest income and financial performance at U.S. commercial banks. Financial Review 39: 101-127.
Paper not yet in RePEc: Add citation now
- DeYoung, R., and T.Rice. 2004b. How do banks make money? The fallacies of fee income. Federal Reserve Bank of Chicago Economic Perspectives 40: 34-51.
Paper not yet in RePEc: Add citation now
Diamond, D. 1984. Financial Intermediation and Delegated Monitoring. Review of Economic Studies 51: 393-414.
Diamond, D. 1991. Monitoring and reputation: the choice between bank loans and directly placed debt. Journal of Political Economy 99: 689-721.
Diamond, D., and P.Dybvig. 1983. Bank runs, deposit insurance and liquidity. Journal of Political Economy 91: 401-419.
Estrella, A. 2001. Mixing and matching: Prospective financial sector mergers and market valuation. Journal of Banking and Finance 25: 2367-2392.
Gallo, J., V.Apildado, and J.Kolari. 1996. Commercial bank mutual fund activities. Journal of Banking and Finance 20: 1775-1791.
Gehrig, T., 1998. Screening, Cross-Border Banking, and the Allocation of Credit. Working paper, University of Freiburg.
Goddard, J., D.McKillop, and J.O.S.Wilson, 2008. The diversification and financial performance of US credit unions. Journal of Banking and Finance 32: 1836-1849.
Gorton, G., and G.Pennacchi. 1990. Financial intermediaries and liquidity creation. Journal of Finance 45: 49â71.
- Harris, M., C.H.Kriebel and R.Raviv. 1992. Asymmetric information, incentives and intrafirm resource allocation. Management Science 28(6): 604-620.
Paper not yet in RePEc: Add citation now
- Hassan.M.K., 1992. An empirical analysis of bank standby letters of credit risk. Review of Financial Economics 2: 31-44.
Paper not yet in RePEc: Add citation now
Hassan.M.K., 1993. The off-balance sheet banking risk of large U.S. commercial banks. The Quarterly Review of Economics and Finance 33: 51-69.
Hassan.M.K., and W.H.Sackley. 1994. A methodological investigation of risk exposure of bank off-balance sheet loan commitment activities. The Quarterly Review of Economics and Finance 34: 283-299.
Hassan.M.K., G.V.Karels, and M.O.Peterson. 1994. Deposit insurance, market discipline and off-balance sheet banking risk of large U.S. commercial banks. Journal of banking and Finance 18: 575-593.
Hirtle, B.J, and K.J.Stiroh, 2007. The return to retail and the performance of US banks. Journal of Banking and Finance 31: 1101-1133.
Hugues, J.P., L.J.Mester and C.G.Moon, 2001. Are scale economies in banking elusive or illusive? Evidence obtained by incorporating capital structure and risk-taking into models of bank production. Journal of Banking and Finance 25(12): 2169-2208.
Jacklin, C., and S.Bhattacharya. 1988. Distinguishing panics and information-based bank runs: Welfare and policy implications. Journal of Political Economy 96: 568-592.
Jensen, M., 1986. Agency costs of fee cash flow, corporate finance, and takeovers. American Economic Review 76: 323-329.
Jensen, M., and W.H.Meckling. 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics 3(10): 305-360.
Kwan, S., 1998. Securities activities by commercial banking firmsâ section 20 subsidiaries: Risk, return and diversification benefits. In Economic Research. Federal Reserve Bank of San Francisco: 1-28.
Kwast, M., 1989. The impact of underwriting and dealing on bank returns and risks. Journal of Banking and Finance 13: 101-125.
- Laeven, L., 2007. Banking sector performance in East Asian countries: The effects of competition, diversification, and ownership. Paper prepared as a background paper for âEast Asian Finance: the road to robust marketsâ, World Bank.
Paper not yet in RePEc: Add citation now
Laeven, L., and R.Levine, 2007. Is there a diversification discount in financial conglomerates? Journal of Financial Economics 85: 331-367.
Lamont, O., 1997. Cash flow and investment: evidence from internal capital markets. Journal of Finance 52: 83109.
Lepetit, L., E.Nys, P.Rous, and A.Tarazi, 2007. Bank income structure and risk: An empirical analysis of European banks. Journal of Banking and Finance 32: 1452-1467.
Maksimovic, V. and G.Phillips. 2002. Do conglomerate firms allocate resources inefficiently across industries? Theory and evidence. Journal of Finance 57: 721-767.
- Marquez, R., 1997. Lending capacity and adverse selection in the banking industry. Working paper, Massachusetts Institute of Technology.
Paper not yet in RePEc: Add citation now
Mercieca, S., K.Schaeck, and S.Wolfe, 2007. Small European banks: Benefits from diversification?, Journal of Banking and Finance 31: 1975-1998.
- Radelet, S., and J.Sachs, 1999. What have we learned, so far, from the Asian financial crisis, mimeo.
Paper not yet in RePEc: Add citation now
Rajan, R., 1992. Insiders and outsiders: the choice between informed and armâs-length debt. Journal of Finance 47: 1367-1400.
Rajan, R., H.Servaes, and L.Zingales. 2000. The cost of diversity: The diversification discount and inefficient investment. Journal of Finance 55: 35-80.
Ramakrishnan, R., and A.Thakor. 1984. Information reliability and a theory of financial intermediation. Revue of Economic Studies 51: 415-432.
Rogers, K., and J.F.Sinkey. 1999. An analysis of nontraditional activities at U.S. commercial banks. Review of Financial Economics 8: 25-39.
Saunders, A., and I.Walter. 1994. Universal banking in the United States: what could we gain? What could we lose?, Oxford University Press, New York.
- Scharfstein, D.S., 1997. The dark side of internal capital markets II, Working Paper, MIT.
Paper not yet in RePEc: Add citation now
Schoar, A., 2002. Effects of corporate diversification on productivity. Journal of Finance 57(6): 2379-3403.
Servaes, H., 1997. The Value of diversification during the conglomerate merger wave. Journal of Finance 51: 1201-1225.
Smith, R., C.Staikouras, and G.Wood, 2003. Non-interest income and total income stability. Bank of England Working Paper 198.
Stein, J., 2002. Information production and capital allocation: decentralized versus hierarchical firms. Journal of Finance 57: 1891-1921.
Stiroh, K.J., 2002. Diversification in banking: Is noninterest income the answer?, Federal Reserve Bank of New York Staff Report 154: 1-26.
Stiroh, K.J., 2004. Do community banks benefit from diversification? Journal of Financial Services Research 25: 2/3: 135-160.
Stiroh, K.J., 2006. A portfolio view of banking with interest and noninterest activities. Journal of Money, Credit and Banking 38(5): 1351-1361.
Stiroh, K.J., and A.Rumble, 2006. The dark side of diversification: The case of US financial holding companies.
Stone, M.R., 2000. The corporate sector dynamics of systemic financial crises. IMF Working Paper 114.
- Templeton, W.K., and J.T.Severiens, 1992. The effect of nonbank diversification on bank holding companies. Quarterly Journal of Business and Economics 31(4): 3-16.
Paper not yet in RePEc: Add citation now
Winton, A., 1995. Delegated monitoring and bank structure in a finite economy. Journal of Financial Intermediation 4: 158-187.
Winton, A., 1997. Competition among financial intermediaries when diversification matters. Journal of Financial Intermediation 6: 307-346.
- Winton, A., 1999. Donât put all your eggs in one basket? Diversification and specialization in lending. Working Paper, University of Minnesota.
Paper not yet in RePEc: Add citation now