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Under the subprime crisis, is the diversification benefit for risk reduction?
Date Issued
2009
Date
2009
Author(s)
Chen, Wei-Hsiang
Abstract
After the subprime crisis, it has already cause a lot of problems. Even now, the economic status in each country still cannot recover from the subprime crisis. During the subprime crisis, it makes many famous financial institutions near bankruptcy, such Bear Stearns, Lehman Brothers, and AIG. Therefore, in order to realize the relationship between diversification and performance, I will compare the performance data before subprime crisis and after subprime crisis.n this study, I will discuss the diversification degree from assets side and revenue side. Then, I will run panel regression to know the relationship between diversification and performance.esides, in this study, I will divide the whole time period into two periods. They are 1992 through 2005 and 2005 through 2007. The samples include four categories, and they are top 20 of the large scale commercial banks in US, top 20 of the middle scale commercial banks in US, top 20 of the investment banks in US, and top 20 of the large scale commercial banks in Taiwan.
Subjects
Subprime Crisis
Diversification
Commercial Bank
Investment Bank
Return
Risk
Risk-adjusted Return
Type
thesis
File(s)
No Thumbnail Available
Name
ntu-98-R96723067-1.pdf
Size
23.32 KB
Format
Adobe PDF
Checksum
(MD5):bd40e25a3ac02e69eee00832858c73ff