Diversified Discounts in Financial Institution-Empirical Analysis in Taiwan

Autor: LIN, YU-CHEN, 林妤蓁
Rok vydání: 2019
Druh dokumentu: 學位論文 ; thesis
Popis: 107
The sample period of this study collected the domestic banks data from 2012 to 2017. According to the diversification indicators constructed by Laeven and Levine (2007), this paper adds a segment diversification to explore whether domestic banks have a diversified discount effect. The empirical results find that the banks have the diversified discount effect on assets used. In our paper, we divide the sample into a bank holdings & holding companies and a commercial bank to examine the effect of diversification. We find that the bank holdings & holding companies have a diversified premium effect on segment used. However, the commercial banks carry out a diversified discount effect on segment used.
Databáze: Networked Digital Library of Theses & Dissertations