Search Results
Journal Article
Operational policies of multibank holding companies
Using a 1979 survey of the organizational structure of 65 bank holding companies in 12 states, the author investigates the relationship between holding company structure and the performance of bank subsidiaries.
Working Paper
Holding company interest-rate sensitivity: before and after October 1979
Since October 1979, market interest-rate movements have been frequent and large. Over the same time period, for a variety of reasons, competition has intensified in both bank loan and deposit markets. These developments have changed the benefits and costs of various types of asset/liability management strategies or alternatively a financial institution's level of interest-rate risk exposure. In this study, the rate-sensitivity postures of a sample of holding companies are examined over the 1977 to 1983 interval to determine whether and how asset/liability management strategies changed after ...
Working Paper
Multibank holding company organizational structure and performance
A study of how quantitative measures of the organizational centralization of 62 multibank holding companies relate to holding company profitability.
Working Paper
Holding company organizational form and efficiency
An exploration of the impact of multibank holding company organizational centralization on subsidiary bank efficiency, using survey data on holding company structure and a profit-function approach.
Working Paper
Rival stock price reactions to large BHC acquisition announcements: evidence of linked oligopoly
An examination of whether multimarket contacts among geographically diversified bank holding companies adversely affect competition.
Conference Paper
The relationship between organizational form and performance: the case of foreign securities subsidiaries of U.S. banking organizations
Debate about the effects of permitting U.S. commercial banks to expand their range of activities has intensified in recent years. Some observers worry that banks with access to a federal safety net have strong incentives to use new opportunities to take greater risks and increase their likelihood of failure at possible cost to the FDIC and taxpayers. Others fear that the safety net might give banks a competitive advantage relative to nonbank rivals. A key element of this debate is whether a holding company structure does a significantly better job of mitigating these potential problems than ...
Journal Article
Bank holding company voluntary nonbanking asset divestitures
An examination of nonbanking asset divestitures, with an analysis of financial effects on the holding company, based on a study of 42 voluntary nonbank asset sales.
Working Paper
Predicting de novo branch entry into rural markets
An investigation of the probability of de novo branch entry into rural banking markets in Ohio and Pennsylvania to determine whether potential competition is an effective disciplinary force in bank-market expansion.
Journal Article
Using financial data to identify changes in bank condition
An empirical study using an early-warning bank failure prediction model and call-report data to predict deterioration in a bank's condition.