Do We Need Big Banks? Evidence on Performance, Strategy and Market Discipline

Do We Need Big Banks? Evidence on Performance, Strategy and Market Discipline

For an international sample of banks, the authors construct measures of a bank's absolute size and its systemic size defined as size relative to the national economy. They examine how a bank's risk and return, its activity mix and funding...

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Bibliographic Details
Main Authors:	Demirgüç-Kunt, Asli, Huizinga, Harry
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCOUNTING ASSET RATIO ASSETS RATIO BALANCE SHEET BANK ACTIVITY BANK CAPITALIZATION BANK EQUITY BANK FAILURES BANK HOLDING BANK HOLDING COMPANIES BANK HOLDING COMPANY BANK INSOLVENCY BANK LIABILITIES BANK LIABILITY BANK MARKET BANK MERGERS BANK OF ENGLAND BANK PROFITABILITY BANK RATE BANK RISK BANK SIZE BANKING INDUSTRY BANKRUPTCY BANKS BIG BANKS BOND BOND HOLDERS BOND MARKETS BONDS BOOK VALUE BUSINESS OPPORTUNITIES BUSINESS STRATEGY CAPITAL ASSETS CAPITAL MARKETS CAPITAL TO ASSET RATIO CAPITALIZATION CDS COMMERCIAL BANKS CONSOLIDATION CONSUMER PROTECTION COOPERATIVE BANK COOPERATIVE BANKS CORPORATE GOVERNANCE CREDIT BANK CREDIT BANKS CREDIT INSTITUTION CUSTOMER BASE DEBENTURE DEBENTURES DEBT INVESTMENT DEBT ISSUES DEFAULT RISK DEFICITS DEPENDENT DEPOSIT DEPOSIT INSTITUTION DEPOSIT INSURANCE DEPOSIT INTEREST DEPOSIT LIABILITIES DEPOSITORS DEPOSITS DEVELOPMENT POLICY DISTRESSED BANK DIVERSIFICATION DOMESTIC MARKETS DUMMY VARIABLE DUMMY VARIABLES EARNING ASSETS EARNINGS EQUITY RATIO EXPENDITURE EXPLICIT DEPOSIT INSURANCE FEE INCOME FINANCIAL ASSISTANCE FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL SECTOR FISCAL CAPACITIES GDP GDP DEFLATOR GDP PER CAPITA GOVERNANCE STRUCTURES GOVERNMENT REGULATION GOVERNMENT SUPPORT GROWTH OPPORTUNITIES GROWTH RATE HIGH INTEREST RATE HIGH INTEREST RATES INCOME MEASURES INCOME STATEMENT INCREASING RETURNS INCREASING RETURNS TO SCALE INDIVIDUAL BANK INDIVIDUAL BANKS INFLATION INFLATION RATE INSOLVENT INSURED DEPOSITS INTEREST COST INTEREST EXPENSE INTEREST INCOME INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL ECONOMICS INVESTMENT BANK INVESTMENT BANKS ISLAMIC BANK ISLAMIC BANKS LARGE BANK LARGE BANK FAILURES LARGE BANKS LIABILITY LIABILITY SIDE LIQUID ASSETS LIQUIDITY LOAN LOAN CUSTOMER MACROECONOMIC CONTROL MARKET DISCIPLINE MERGER MORTGAGE MORTGAGE BANKS NATIONAL BANKRUPTCY NATIONAL ECONOMIES NATIONAL ECONOMY NUMBER OF BANKS OPERATING COSTS OPERATING INCOME PERSONNEL EXPENSES PORTFOLIO PORTFOLIO ANALYSIS POSITIVE COEFFICIENT POSITIVE COEFFICIENTS PROFITABILITY PROFITABLE BUSINESS PUBLIC FINANCE PUBLIC FINANCES PUT OPTION RATE OF RETURN RATES OF RETURN REAL ESTATE REAL GDP RETURN RETURN ON ASSETS RETURNS RETURNS TO SCALE RISK FACTOR RISK FACTORS RISK OF BANK FAILURE SAFETY NET SAVINGS SAVINGS BANKS SECURITIES SHARE OF INCOME SHAREHOLDERS SHORT TERM DEBT SOLVENCY SUBORDINATED DEBT SYSTEMIC RISK TAX TAXATION TERM CREDIT TRADING TRADING INCOME TREASURY WHOLESALE FUNDING
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110228093403 http://hdl.handle.net/10986/3343

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110228093403
http://hdl.handle.net/10986/3343