MAMPUKAH DIVERSIFIKASI ASET MENINGKATKAN NILAI PASAR BANK?
Abstract
Keywords
Full Text:
PDF (Bahasa Indonesia)References
Almarzoqi, R., Naceur, M. S. B., & Scopelliti, A. (2015). How does Bank Competition Affect Solvency, Liquidity and Credit Risk? Evidence From The MENA Countries (No. 15-210). International Monetary Fund.
Badruzaman, J. (2017). Pengaruh Earning Per Share terhadap Harga Saham. Jurnal Akuntansi. 12(1): 101-110.
Berger, A. N., Cummins, J. D., Weiss, M. A., & Zi, H. (2000). Conglomeration Versus Strategic Focus: Evidence from The Insurance Industry. Journal of Financial Intermediation, 9(4): 323-362.
Berger, P. G., & Ofek, E. (1995). Diversification's Effect on Firm Value. Journal of Financial Economics, 37(1): 39-65.
Boot, A. W. (1992). Why Hank into Losers? Divetitures and Takeovers. Journal of Finance, 47(4): 1401-1423.
Davydenko, S. A. (2013). Insolvency, Illiquidity, and the Risk of Default. Joseph L. Rotman School of Management, University of Toronto.
Denis, D. J., Denis, D. K., & Sarin, A. (1997). Agency Problems, Equity Ownership, and Corporate Diversification. The Journal of Finance, 52(1): 135-160.
Freixas, X., Lóránth, G., & Morrison, A. D. (2007). Regulating Financial Conglomerates. Journal of Financial Intermediation, 16(4): 479-514.
Gyan, A. K., Brahmana, R., & Bakri, A. K. (2017). Diversification Strategy, Efficiency, and Firm Performance: Insight from Emerging Market. Research in International Business and Finance, 42: 1103-1114.
Harper, J. T., Iyer, S. R., & Nejadmalayeri, A. (2017). Diversification Discount and Investor Sentiment. The North American Journal of Economics and Finance, 42: 218-236.
Herring, R., & Litan, R. E. (2003). Financial Conglomerates: The Future of Finance?. Washington D.C.: Brookings Institution.
Hidayat, T. (2016). The Impact of Financial Conglomeration on Risk and Return Performance in Indonesia Banking Industry. International Journal of Latest Trends in Finance and Economic Sciences. 6(2): 1135-1145
Hund, J., Monk, D., & Tice, S. (2010). Uncertainty About Average Profitability and The Diversification Discount. Journal of Financial Economics, 96(3): 463-484.
Jacoby, N. H. (1970). The Conglomeration Corporation. Financial Analys Journal. 26(3): 35-48.
Khairani, I. (2016). Pengaruh Earning Per Share dan Deviden Per Share terhadap Harga Saham Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia (BEI) Tahun 2011 – 2013. Jurnal Manajemen dan Keuangan. 5(1): 566-572.
Lang, L. H., & Stulz, R. M. (1994). Tobin's Q, Corporate Diversification, and Firm Performance. Journal of Political Economy, 102(6): 1248-1280.
Laeven, L., & Levine, R. (2007). Is There A Diversification Discount in Financial Conglomerates?. Journal of Financial Economics, 85(2): 331-367.
Lin, J. R., Chung, H., Hsieh, M. H., & Wu, S. (2012). The Determinants of Interest Margins and Their Effect on Bank Diversification: Evidence from Asian Banks. Journal of Financial Stability, 8(2): 96-106.
Lindblad, J. T. (2007). Conglomerates in Indonesia: The Road to Power and Beyond. In Big Business and Economic Development, 85-105, Routledge.
Mälkönen, V. (2009). Financial Conglomeration and Monitoring Incentives. Journal of Financial Stability, 5(2): 105-123.
Nicoló, G. D., Bartholomew, P., Zaman, J., & Zephirin, M. (2004). Bank Consolidation, Internationalization, and Conglomeration: Trends and Implications for Financial Risk. Financial Markets, Institutions & Instruments, 13(4): 173-217.
Rudolph, C., & Schwetzler, B. (2013). Conglomerates on the Rise Again? A Cross-Regional Study on the Impact of the 2008–2009 Financial Crisis on the Diversification Discount. Journal of Corporate Finance, 22: 153-165.
Sanya, S., & Wolfe, S. (2011). Can Banks in Emerging Economies Benefit from Revenue Diversification?. Journal of Financial Services Research, 40(1-2): 79-101.
Schmid, M. M., & Walter, I. (2009). Do Financial Conglomerates Create or Destroy Economic Value?. Journal of Financial Intermediation, 18(2): 193-216.
Taurusianingsih, D. N. (2016). The Indonesian Banking Industry Competition: Financial Conglomeration Approach. Mix: Jurnal Ilmiah Manajemen, 6(3): 449-461.
Thakor, A. V. (1996). Financial Conglomeration: Issues and Questions. North American Journal of Economics and Finance. 7(2): 135-145.
Ulst, I. (2005). Linkages of Financial Groups in the European Union - Financial Conglomeration Development in the Old and New Member States. Central European University Press.
Van der Berghe, L., & Verweire, K. (1998). Creating The Future With Al Finance and Financial Conglomerates. Springer Science Business Media.
Van Lelyveld, I., & Knot, K. (2009). Do Financial Conglomerates Create or Destroy Value? Evidence for The EU. Journal of Banking & Finance, 33(12): 2312-2321.
Vander, R.V. (2002). Cost and Profit of Financial Conglomerates and Universal Banks in Europe. Journal of Money, Credit and Banking, 34: 254-282
Wang, Y., Ning, L., & Chen, J. (2014). Product Diversification Through Licensing: Empirical Evidence from Chinese Firms. European Management Journal, 32(4): 577-586.
Yang, Y., Cao, Y., & Yang, L. T. G. (2017). Product Diversification and Property Performance in the Urban Lodging Market: The Relationship and Its Moderators. Tourism Management, 59: 363-375.
DOI: http://dx.doi.org/10.15548/al-masraf.v3i2.198
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
View My Stats