IRIS PubliCatt
PubliCatt è il repository istituzionale ad accesso aperto dell'Università Cattolica del Sacro Cuore, dove gli utenti autorizzati afferenti all'Ateneo provvedono direttamente e autonomamente a depositare e a rendere visibili le proprie pubblicazioni, inserendo i dati descrittivi del documento stesso ("metadati", quali il titolo, autore, abstract, etc.) e, laddove possibile, il testo della pubblicazione stessa (full-text).
PubliCatt utilizza la piattaforma IRIS (Institutional Research Information System) sviluppata da CINECA.
EnglishFollowing a common wisdom in banking, revenue diversification is likely to produce a “portfolio-effect” in bank income statement, enhancing the creation of greater and more stable profits. We test this hypothesis on a sample of 110 large commercial, saving and cooperative banks headquartered in 8 EMU countries for the period 2005-2013. Results indicate that diversification strategies have had a role in determining banks profitability only for selected subsamples (and in particular for commercial and saving banks); on the contrary, efficiency and credit portfolio quality have been the main drivers of profits in the period under examination. We contribute to previous literature using a cross-country balanced dataset that covers both the pre-crisis and the following economically troubled periods. Topics underlying this work – and empirical results – have relevant policy implications from a managerial and regulatory point of view.
Borroni, M., Rossi, S., Does revenue diversification still matter in banking? Evidence from some European Countries, <<Does revenue diversification still matter in banking? Evidence from some European Countries>>, 2017; (123): 1-32 [http://hdl.handle.net/10807/98650]
| Autori: | |
| Titolo: | Does revenue diversification still matter in banking? Evidence from some European Countries |
| Data di pubblicazione: | 2017 |
| Abstract: | Following a common wisdom in banking, revenue diversification is likely to produce a “portfolio-effect” in bank income statement, enhancing the creation of greater and more stable profits. We test this hypothesis on a sample of 110 large commercial, saving and cooperative banks headquartered in 8 EMU countries for the period 2005-2013. Results indicate that diversification strategies have had a role in determining banks profitability only for selected subsamples (and in particular for commercial and saving banks); on the contrary, efficiency and credit portfolio quality have been the main drivers of profits in the period under examination. We contribute to previous literature using a cross-country balanced dataset that covers both the pre-crisis and the following economically troubled periods. Topics underlying this work – and empirical results – have relevant policy implications from a managerial and regulatory point of view. |
| Lingua: | Inglese |
| Editore: | Vita e Pensiero |
| Titolo del libro: | Does revenue diversification still matter in banking? Evidence from some European Countries |
| ISBN: | 978-88-343-3374-7 |
| Citazione: | Borroni, M., Rossi, S., Does revenue diversification still matter in banking? Evidence from some European Countries, <<Does revenue diversification still matter in banking? Evidence from some European Countries>>, 2017; (123): 1-32 [http://hdl.handle.net/10807/98650] |
| Appare nelle tipologie: | Quaderno, Working paper, Paper (di dipartimento / istituto / progetti) |
File in questo prodotto:
Copyright © 2020