The Valuation Effects of Geographic Diversification : Evidence From U.S. Banks /

This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United States on their market valuations. Using two novel identification strategies based on the dynamic process of interstate bank deregulation, we find that exogenous increases in geogr...

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Бібліографічні деталі
Автор: Laeven, Luc
Інші автори: Goetz, Martin, Levine, Ross
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2012.
Серія:IMF Working Papers; Working Paper ; No. 2012/050
Онлайн доступ:Full text available on IMF