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References
- Andries, Alin Marius, Bogdan Capraru. (2013). The nexus between competition and
- efficiency: The European banking industries experience. International Business
- Review.www.elsevier.com
- Amel D., Barnes C., Panetta F. ,Salleo C. (2004). Consolidation and efficiency in the
- financial sector: A review of the international evidence 1. Journal of Banking &
- Finance; Vol. 28: 2493-2519.
- Amidu, Mohammed , Simon Wolfe. (2013). Does bank competition and diversification lead
- to greater stability? Evidence from emerging markets.Review of Development
- Finance 3 152–166
- Amihud, Y., Lev, B., (1981). Risk reduction as a managerial motive for conglomerate
- mergers.Bell Journal of Economics 12, 605–617.
- Baghdasaryan, Delia,1, Lisbeth la Cour. (2013). Competition, ownership and productivity.A
- panel analysis of Czech firms.Journal of Economics and Business 69. 86– 100
- Berger, Allen N, Iftekhar Hasan, Mingming Zhou. (2010). The effects of focus versus
- diversification on bank performance: Evidence from Chinese banks. Journal of
- Banking & Finance 34, 1417–1435.
- Berger, A. (1995). The profit-structure relationship in banking — Tests of market-power
- and efficient-structure hypotheses. Journal of Money, Credit, and Banking, 27, 404–
- Berger, A.N., DeYoung, R., Genay, H., Udell, G.F., (2000). Globalization of financial
- institutions: evidence from cross-border banking performance. Brookings- Wharton
- Paper on Financial Services 3, 23–158.
- Boot, A., Schmeits, A., (2000).Market discipline and incentive problems in conglomerate
- firms with applications to banking.Journal of Financial Intermediation 9, 240–273.
- Bredenlöw T, Zineldin M. (2001). Performance measurement and management control
- positioning strategies, quality and productivity: a case study of a Swedish bank.
- Managerial Auditing Journal; Vol. 16: 484-499.
- Cerasi, Vittoria, Sonja Daltung. (2000). The optimal size of a bank: Costs and benefits of
- diversification. European Economic Review 44. 1701}1726
- Chen, Chiung-Jung, Chwo-Ming Joseph Yu. (2012). Managerial ownership, diversification,
- and firm performance: Evidence from an emerging market. International Business
- Review 21. 518–534
- Chong, Terence Tai-Leung, Liping Lu, Steven Ongena. (2013). Does banking competition
- alleviate or worsen credit constraints faced by small- and medium-sized enterprises?
- Evidence from China.Journal of Banking & Finance 37. 3412–3424
- Copeland, Thomas E, J. Fred Weston and Kuldeep Shastri. (2005). Financial Theory and
- Corporate Policy Fourth Edition. Pearson.
- Cipollini, Andrea, Franco Fiordelisi. (2012). Economic value, competition and financial
- distress in the European banking system.Journal of Banking & Finance 36. 3101–
- Craig, James C. and Robert M. Grant. (1993), Strategic Management, Kogan Page Limited,
- London
- Delis, Manthos D. (2012). Bank competition, financial reform, and institutions: The
- importance of being developed. Journal of Development Economics 97. 450–465
- Deng, S., Elyasiani, E., (2008). Geographic diversification and BHC return and risk
- performance. Journal of Money, Credit and Banking 40, 1217–1238.
- Drucker, S., Puri, M., (2009). On loan sales, loan contracting, and lending relationships.
- Review of Financial Studies 22, 2835–2872.
- Engle, Robert F, Moshirian Fariborz, Sahgal Sidharth Zhang, Bohui. (2014). Banks NonInterest Income and Global Financial Stability.CIFR Paper No. 015/2014. Available
- at SSRN:http://ssrn.com/abstract=2443181
- Estes, Kathy. (2014). Diversification and Community Bank Performance during a Financial
- Crisis.International Journal of Finance & Banking Studies. Vol.3 No.4,
- Fare, R., Grosskopf, S., & Lovell, C. A. K. (1994).Production frontiers. Cambridge:
- Cambridge University Press.
- Fiordelisi, F and D.S. Mare. (2013). Probability of default and efficiency in cooperative
- banking, Journal of International Financial Markets Institutions and Money, 26, pp.
- –45
- Fiorentino E., De Vincenzo A., Heid F., Karmann A. ,Koetter M. (2009). The effects of
- privatization and consolidation on bank productivity: comparative evidence from
- Italy and Germany, Deutsche Bundesbank.
- Fu, Xiaoqing (Maggie), Yongjia (Rebecca) Lin, Philip Molyneux. (2014). Bank
- competition and financial stability in Asia Pacific.Journal of Banking & Finance 38.
- –77
- Fungacova, Zuzana, Pierre Pessarossi, Laurent Weill. (2013). Is bank competition
- detrimental to efficiency? Evidence from China.China Economic Review 27. 121–
- Gujarati, Damodar N. Porter, Dawn C. (2009). Basic Econometrics.5th edition.McGraw Hill.
- Iskandar-Datta, M., McLaughlin, R., (2007). Global diversification: new evidence from
- corporate operating performance. Corporate Ownership and Control 4, 228–250.
- Jensen, M., Meckling, W., (1976). Theory of the "rm: Managerial behavior, agency costs
- and ownership structure. Journal of Financial Economics 3, 305}360.
- Jeon, Jin Q., Kwang Kyu Lim. (2013). Bank competition and financial stability: A
- comparison of commercial banks and mutual savings banks in Korea. Pacific-Basin
- Finance Journal 25. 253–272
- Jonghe, Oliver de.(2010). Back to the basics in banking?A micro-analysis of banking
- system stability.Journal of financial intermediation, Volume 19, Issue 3
- Klein, P., Saidenberg, M., (1998). Diversification, organization, and efficiency: evidence
- from bank holding companies. Working Paper, Federal Reserve Bank of New York.
- Laeven, L., Levine, R., (2007). Is there a diversification discount in financial
- conglomerates? Journal of Financial Economics 85, 331–367.
- Lee, Chien-Chiang, Meng-Fen Hsieh, Shih-Jui Yang. (2014). The relationship between
- revenue diversification and bank performance: Do financial structures and financial
- reforms matter? Japan and the World Economy. 29.18–35
- Li, Li, Yu Zhang. (2013). Are there diversification benefits of increasing non interest
- income in the Chinese banking industry? Journal of Empirical Finance 24. 151–165
- Maksimovic, V., Phillips, G., (2002). Do conglomerate firms allocate resources inefficiently
- across industries? Theory and evidence.Journal of Finance 57, 721–767.
- Mensi, Sami, Abderrazak Zouari. (2010).Efficient Structure versus Market Power: Theories
- and Empirical Evidence. International Journal of Economics and Finance. Vol. 2,
- No. 4; November
- Mercieca, S., Schaeck, K., Wolfe, S., (2007). Small European banks: benefits from
- diversification? Journal of Banking and Finance 31 (7) 1975–1998.
- Nguyen, Thi Canh, Dinh Vinh Vo, Van Chien Nguyen. (2015). Risk and Income
- Diversification in the VietnameseBanking System.Journal of Applied Finance &
- Banking.Vol. 5, No. 1, 93-109.
- Nguyen, My, Skully Michael, PereraShrimal (2012). Market
- power, revenue diversification and bank stability: evidence from selected south
- Asian countries.Journal of international financial markets, institutions and money,
- Volume 22, Issue 4.
- Ovi, Nafisa Zabeen, Perera Shrimal, Colombage Sisira. (2014). Market power, credit
- risk, revenue diversification and bank stability in selected ASEAN countries.South
- East Asia research, Volume 22, Issue 3.
- Roghanian, Parastoo, Amran Rasli, Hamed Gheysari. (2012). Productivity Through
- Effectiveness and Efficiency in the Banking Industry. Procedia-Social and
- Behavioral Sciences 40. 550 – 556.
- Sanyal, Paroma, Rashmi Shankar. (2011). Ownership, competition, and bank productivity:
- An analysis of Indian banking in the post-reform period. International Review of
- Economics and Finance 20. 225–247.
- Scott, William R. (2012). Financial Accounting Theory.6th edition.Pearson.
- Shepherd, W.G. (1986). Tobins’q and the Structure-Performance Relationship: Comment.
- The American Economic Review, Vol.76, 5, 1205-1210.
- Sianipar, Aryanti S. (2014). diversifikasi pendapatan, pendapatan non-bunga, fee income,
- risiko, kinerja bank. Tesis.Manajemen.Universitas Gadjah Mada.
- Widarjono, Agus. (2009). Ekonometrika: Pengantar dan Aplikasinya. Ekonisia-Kampus
- Fakultas Ekonomi UII.Yogyakarta.
- Winarno, Wing Wahyu. (2011). Analisis Ekonometrika dan Statistika dengan EViews.UPP
- STIM YKPN. Yogyakarta.
- Yigit, Ihsan, Seref Tur. (2012). Relationship Between Diversification Strategy Applications
- And Organizational Performance According To Herfindahl Index Criteria. Procedia
- - Social and Behavioral Sciences 58. 118 – 127.
References
Andries, Alin Marius, Bogdan Capraru. (2013). The nexus between competition and
efficiency: The European banking industries experience. International Business
Review.www.elsevier.com
Amel D., Barnes C., Panetta F. ,Salleo C. (2004). Consolidation and efficiency in the
financial sector: A review of the international evidence 1. Journal of Banking &
Finance; Vol. 28: 2493-2519.
Amidu, Mohammed , Simon Wolfe. (2013). Does bank competition and diversification lead
to greater stability? Evidence from emerging markets.Review of Development
Finance 3 152–166
Amihud, Y., Lev, B., (1981). Risk reduction as a managerial motive for conglomerate
mergers.Bell Journal of Economics 12, 605–617.
Baghdasaryan, Delia,1, Lisbeth la Cour. (2013). Competition, ownership and productivity.A
panel analysis of Czech firms.Journal of Economics and Business 69. 86– 100
Berger, Allen N, Iftekhar Hasan, Mingming Zhou. (2010). The effects of focus versus
diversification on bank performance: Evidence from Chinese banks. Journal of
Banking & Finance 34, 1417–1435.
Berger, A. (1995). The profit-structure relationship in banking — Tests of market-power
and efficient-structure hypotheses. Journal of Money, Credit, and Banking, 27, 404–
Berger, A.N., DeYoung, R., Genay, H., Udell, G.F., (2000). Globalization of financial
institutions: evidence from cross-border banking performance. Brookings- Wharton
Paper on Financial Services 3, 23–158.
Boot, A., Schmeits, A., (2000).Market discipline and incentive problems in conglomerate
firms with applications to banking.Journal of Financial Intermediation 9, 240–273.
Bredenlöw T, Zineldin M. (2001). Performance measurement and management control
positioning strategies, quality and productivity: a case study of a Swedish bank.
Managerial Auditing Journal; Vol. 16: 484-499.
Cerasi, Vittoria, Sonja Daltung. (2000). The optimal size of a bank: Costs and benefits of
diversification. European Economic Review 44. 1701}1726
Chen, Chiung-Jung, Chwo-Ming Joseph Yu. (2012). Managerial ownership, diversification,
and firm performance: Evidence from an emerging market. International Business
Review 21. 518–534
Chong, Terence Tai-Leung, Liping Lu, Steven Ongena. (2013). Does banking competition
alleviate or worsen credit constraints faced by small- and medium-sized enterprises?
Evidence from China.Journal of Banking & Finance 37. 3412–3424
Copeland, Thomas E, J. Fred Weston and Kuldeep Shastri. (2005). Financial Theory and
Corporate Policy Fourth Edition. Pearson.
Cipollini, Andrea, Franco Fiordelisi. (2012). Economic value, competition and financial
distress in the European banking system.Journal of Banking & Finance 36. 3101–
Craig, James C. and Robert M. Grant. (1993), Strategic Management, Kogan Page Limited,
London
Delis, Manthos D. (2012). Bank competition, financial reform, and institutions: The
importance of being developed. Journal of Development Economics 97. 450–465
Deng, S., Elyasiani, E., (2008). Geographic diversification and BHC return and risk
performance. Journal of Money, Credit and Banking 40, 1217–1238.
Drucker, S., Puri, M., (2009). On loan sales, loan contracting, and lending relationships.
Review of Financial Studies 22, 2835–2872.
Engle, Robert F, Moshirian Fariborz, Sahgal Sidharth Zhang, Bohui. (2014). Banks NonInterest Income and Global Financial Stability.CIFR Paper No. 015/2014. Available
at SSRN:http://ssrn.com/abstract=2443181
Estes, Kathy. (2014). Diversification and Community Bank Performance during a Financial
Crisis.International Journal of Finance & Banking Studies. Vol.3 No.4,
Fare, R., Grosskopf, S., & Lovell, C. A. K. (1994).Production frontiers. Cambridge:
Cambridge University Press.
Fiordelisi, F and D.S. Mare. (2013). Probability of default and efficiency in cooperative
banking, Journal of International Financial Markets Institutions and Money, 26, pp.
–45
Fiorentino E., De Vincenzo A., Heid F., Karmann A. ,Koetter M. (2009). The effects of
privatization and consolidation on bank productivity: comparative evidence from
Italy and Germany, Deutsche Bundesbank.
Fu, Xiaoqing (Maggie), Yongjia (Rebecca) Lin, Philip Molyneux. (2014). Bank
competition and financial stability in Asia Pacific.Journal of Banking & Finance 38.
–77
Fungacova, Zuzana, Pierre Pessarossi, Laurent Weill. (2013). Is bank competition
detrimental to efficiency? Evidence from China.China Economic Review 27. 121–
Gujarati, Damodar N. Porter, Dawn C. (2009). Basic Econometrics.5th edition.McGraw Hill.
Iskandar-Datta, M., McLaughlin, R., (2007). Global diversification: new evidence from
corporate operating performance. Corporate Ownership and Control 4, 228–250.
Jensen, M., Meckling, W., (1976). Theory of the "rm: Managerial behavior, agency costs
and ownership structure. Journal of Financial Economics 3, 305}360.
Jeon, Jin Q., Kwang Kyu Lim. (2013). Bank competition and financial stability: A
comparison of commercial banks and mutual savings banks in Korea. Pacific-Basin
Finance Journal 25. 253–272
Jonghe, Oliver de.(2010). Back to the basics in banking?A micro-analysis of banking
system stability.Journal of financial intermediation, Volume 19, Issue 3
Klein, P., Saidenberg, M., (1998). Diversification, organization, and efficiency: evidence
from bank holding companies. Working Paper, Federal Reserve Bank of New York.
Laeven, L., Levine, R., (2007). Is there a diversification discount in financial
conglomerates? Journal of Financial Economics 85, 331–367.
Lee, Chien-Chiang, Meng-Fen Hsieh, Shih-Jui Yang. (2014). The relationship between
revenue diversification and bank performance: Do financial structures and financial
reforms matter? Japan and the World Economy. 29.18–35
Li, Li, Yu Zhang. (2013). Are there diversification benefits of increasing non interest
income in the Chinese banking industry? Journal of Empirical Finance 24. 151–165
Maksimovic, V., Phillips, G., (2002). Do conglomerate firms allocate resources inefficiently
across industries? Theory and evidence.Journal of Finance 57, 721–767.
Mensi, Sami, Abderrazak Zouari. (2010).Efficient Structure versus Market Power: Theories
and Empirical Evidence. International Journal of Economics and Finance. Vol. 2,
No. 4; November
Mercieca, S., Schaeck, K., Wolfe, S., (2007). Small European banks: benefits from
diversification? Journal of Banking and Finance 31 (7) 1975–1998.
Nguyen, Thi Canh, Dinh Vinh Vo, Van Chien Nguyen. (2015). Risk and Income
Diversification in the VietnameseBanking System.Journal of Applied Finance &
Banking.Vol. 5, No. 1, 93-109.
Nguyen, My, Skully Michael, PereraShrimal (2012). Market
power, revenue diversification and bank stability: evidence from selected south
Asian countries.Journal of international financial markets, institutions and money,
Volume 22, Issue 4.
Ovi, Nafisa Zabeen, Perera Shrimal, Colombage Sisira. (2014). Market power, credit
risk, revenue diversification and bank stability in selected ASEAN countries.South
East Asia research, Volume 22, Issue 3.
Roghanian, Parastoo, Amran Rasli, Hamed Gheysari. (2012). Productivity Through
Effectiveness and Efficiency in the Banking Industry. Procedia-Social and
Behavioral Sciences 40. 550 – 556.
Sanyal, Paroma, Rashmi Shankar. (2011). Ownership, competition, and bank productivity:
An analysis of Indian banking in the post-reform period. International Review of
Economics and Finance 20. 225–247.
Scott, William R. (2012). Financial Accounting Theory.6th edition.Pearson.
Shepherd, W.G. (1986). Tobins’q and the Structure-Performance Relationship: Comment.
The American Economic Review, Vol.76, 5, 1205-1210.
Sianipar, Aryanti S. (2014). diversifikasi pendapatan, pendapatan non-bunga, fee income,
risiko, kinerja bank. Tesis.Manajemen.Universitas Gadjah Mada.
Widarjono, Agus. (2009). Ekonometrika: Pengantar dan Aplikasinya. Ekonisia-Kampus
Fakultas Ekonomi UII.Yogyakarta.
Winarno, Wing Wahyu. (2011). Analisis Ekonometrika dan Statistika dengan EViews.UPP
STIM YKPN. Yogyakarta.
Yigit, Ihsan, Seref Tur. (2012). Relationship Between Diversification Strategy Applications
And Organizational Performance According To Herfindahl Index Criteria. Procedia
- Social and Behavioral Sciences 58. 118 – 127.