An examination of the risk effects of bank acquisitions that occurred between the first quarter of 1984 and the last … quarter of 1993. Its findings -- that banks are not using acquisitions to increase their risk exposure and that acquisitions … increase profitability over time -- cast doubt on the importance of risk diversification as a motive for bank acquisitions. …

A comparison of alternative bank regulatory proposals for controlling the level of bank risk, using a model based on …

Conventional wisdom on bank diversification confuses risk with failure. This article clarifies the distinction and … shows how increasing bank size may increase bank risk, even though it lessens the probability of failure and lowers the …

well over one hundred years farmers have engaged in risk management, hedging their risks against price fluctuations in …Risk management is nothing new, despite the increased attention given to the subject over the past decade or two. For … corporations might engage in risk-management practices. The authors also cite some empirical evidence consistent with the idea that …

combinations of banks with other industries could produce higher returns on equity with less risk. …

that the extra return on a risky asset comes from bearing market risk only. But newer evidence supports the intertemporal … CAPM (I-CAPM) theory (Merton 1973), which suggests that the premium on any risky asset is related not only to market risk … literature. The study seeks to shed light on the sources of economic risk that investors should track and hedge against and the …