"Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit … margins, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition … suggest that - consistent with the traditional "competition-fragility" view - banks with a greater degree of market power also …

management system, which may also help to increase portfolio efficiency and competition. The paper suggests that, with the payout …

economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper … theory. They then relate this competition measure to growth of industries and find that greater competition in countries …"The relationships among competition in the financial sector, access of firms to external financing, and associated …