In recent years, financial institutions especially universal/commercial banks across Africa
have been faced with forceful mergers and acquisitions. These occurrences impede the …

We examine the association between “busyness” of the board of directors (serving on
multiple boards) and bank holding company (BHC) performance and risk. We estimate …

Credit risk management in banks has become more important not only because of the
financial crisis that the world is experiencing nowadays but also the introduction of Basel II …

This second edition of The Industrial Organization explores the study of the structure of
individual banks, banking markets, and their interactions. The book has the same two key …

Examining credit risk and banks' solvency effects on profitability are essential for overall
health of the banking sector. However, earlier studies on these nexuses are not instructive …

In this paper we propose a new test of the efficient structure (ES) hypothesis, which predicts
that efficient firms come out ahead in competition and grow as a result. Our test has …

Banks operate in an environment of considerable risks and uncertainty. Credit risk has
always been a vicinity of concern not only to bankers but to all in the business world …

This paper investigates how stock market investors perceive the impact of market structure
and efficiency on the long-run performance potential of European banks. To that end, a …

Whether banks in a concentrated market increase their profits through monopoly pricing is a
question of prime concern for antitrust policies. We explore this question by introducing the …

We extend the work of Homma, Tsutsui, and Uchida (2014) to provide empirical evidence on
nexus of relationships in efficient structure (ES) hypothesis. In this framework, we test …