Is There a Diversification Discount in Financial Conglomerates?
收藏NBER2005-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11499
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资源简介：
This paper investigates whether the diversity of activities conducted by financial institutions influences their market valuations. We find that there is a diversification discount: The market values financial conglomerates that engage in multiple activities, e.g., lending and non-lending financial
提供机构：
美国国家经济研究局
创建时间：
2005-08-01
