... diversified banks, associate with a higher cost of equity as compared to more focused ones. Because of the increase in the agency problems, the diversified banks are hit badly by adverse market valuations. Concentration risk Risk management Ownership Bank performance Geographical diversification...

...Shweta Sharma; Anand Anand Purpose The purpose of this paper is to examine the impact of income diversification on bank performance in BRICS countries as a structural response to concentration risk. The authors argue that effectiveness of this approach is conditional upon its extent and quality...