Matches in SemOpenAlex for { <https://semopenalex.org/work/W1503054080> ?p ?o ?g. }
Showing items 1 to 76 of
76
with 100 items per page.
- W1503054080 abstract "Theory of financial intermediation gives contradicting answers to the question whether banks should diversify or focus their loan portfolios. Our aim is to find out which of the two strategies is predominant in the German banking market. To this end we measure diversification for all German banks in the period from 1993 to 2002. As measures we use a broad set of heuristic approaches which capture the deviation of a bank's portfolio from a specified benchmark. Conceivable benchmarks are naive diversification across all industries or, alternatively, the economy's industry structure. With this framework our analysis comprises the widespread measures of concentration, like the Hirschman-Herfindahl index, but also the less known group of distance measures. We find that different statistical measures of diversification may indicate contradicting results. Since distance measures are more appealing from a theoretical point of view, the common practice to rely on measures of concentration only, may be misleading. We further find that, despite these differences, both approaches reveal that the majority of banks significantly increased loan portfolio diversification over the last decade. This tendency is especially driven by the large number of credit cooperatives and savings banks. However, some banks (especially regional banks and subsidiaries of foreign banks) reveal a strategy that seems to be more focused on certain industries." @default.
- W1503054080 created "2016-06-24" @default.
- W1503054080 creator A5023368827 @default.
- W1503054080 creator A5070214757 @default.
- W1503054080 creator A5091151105 @default.
- W1503054080 date "2005-01-01" @default.
- W1503054080 modified "2023-10-11" @default.
- W1503054080 title "Do Banks Diversify Loan Portfolios? A Tentative Answer Based on Individual Bank Loan Portfolios" @default.
- W1503054080 cites W1493832363 @default.
- W1503054080 cites W1569577457 @default.
- W1503054080 cites W1969292440 @default.
- W1503054080 cites W1995875735 @default.
- W1503054080 cites W2042689746 @default.
- W1503054080 cites W2049324641 @default.
- W1503054080 cites W2052288215 @default.
- W1503054080 cites W2108491286 @default.
- W1503054080 cites W2133567381 @default.
- W1503054080 cites W2161395700 @default.
- W1503054080 cites W3121643544 @default.
- W1503054080 cites W3122368461 @default.
- W1503054080 cites W3122914324 @default.
- W1503054080 cites W3123431656 @default.
- W1503054080 doi "https://doi.org/10.2139/ssrn.675772" @default.
- W1503054080 hasPublicationYear "2005" @default.
- W1503054080 type Work @default.
- W1503054080 sameAs 1503054080 @default.
- W1503054080 citedByCount "3" @default.
- W1503054080 countsByYear W15030540802013 @default.
- W1503054080 countsByYear W15030540802015 @default.
- W1503054080 crossrefType "journal-article" @default.
- W1503054080 hasAuthorship W1503054080A5023368827 @default.
- W1503054080 hasAuthorship W1503054080A5070214757 @default.
- W1503054080 hasAuthorship W1503054080A5091151105 @default.
- W1503054080 hasBestOaLocation W15030540802 @default.
- W1503054080 hasConcept C10138342 @default.
- W1503054080 hasConcept C106159729 @default.
- W1503054080 hasConcept C139569457 @default.
- W1503054080 hasConcept C144133560 @default.
- W1503054080 hasConcept C162324750 @default.
- W1503054080 hasConcept C162853370 @default.
- W1503054080 hasConcept C180916674 @default.
- W1503054080 hasConcept C2777764128 @default.
- W1503054080 hasConcept C2777998853 @default.
- W1503054080 hasConcept C2780821815 @default.
- W1503054080 hasConcept C65146658 @default.
- W1503054080 hasConcept C73283319 @default.
- W1503054080 hasConceptScore W1503054080C10138342 @default.
- W1503054080 hasConceptScore W1503054080C106159729 @default.
- W1503054080 hasConceptScore W1503054080C139569457 @default.
- W1503054080 hasConceptScore W1503054080C144133560 @default.
- W1503054080 hasConceptScore W1503054080C162324750 @default.
- W1503054080 hasConceptScore W1503054080C162853370 @default.
- W1503054080 hasConceptScore W1503054080C180916674 @default.
- W1503054080 hasConceptScore W1503054080C2777764128 @default.
- W1503054080 hasConceptScore W1503054080C2777998853 @default.
- W1503054080 hasConceptScore W1503054080C2780821815 @default.
- W1503054080 hasConceptScore W1503054080C65146658 @default.
- W1503054080 hasConceptScore W1503054080C73283319 @default.
- W1503054080 hasLocation W15030540801 @default.
- W1503054080 hasLocation W15030540802 @default.
- W1503054080 hasOpenAccess W1503054080 @default.
- W1503054080 hasPrimaryLocation W15030540801 @default.
- W1503054080 hasRelatedWork W1564231360 @default.
- W1503054080 hasRelatedWork W1847097801 @default.
- W1503054080 hasRelatedWork W2045437283 @default.
- W1503054080 hasRelatedWork W2742092787 @default.
- W1503054080 hasRelatedWork W3123718454 @default.
- W1503054080 hasRelatedWork W3130389904 @default.
- W1503054080 hasRelatedWork W3135411677 @default.
- W1503054080 hasRelatedWork W336894197 @default.
- W1503054080 hasRelatedWork W44773475 @default.
- W1503054080 hasRelatedWork W3092039281 @default.
- W1503054080 isParatext "false" @default.
- W1503054080 isRetracted "false" @default.
- W1503054080 magId "1503054080" @default.
- W1503054080 workType "article" @default.