论文部分内容阅读
Besides of diversification benefits, the risk of bank diversification also attracts the attention of regulators and academics.Because of the legal restrictions on the financial diversification, banks are not allowed to directly hold shares of non-bank financial institutions and enterprises, we use hypothetical merger to analyze the relation between financial diversification and risk.The results of the analysis support the financial diversification, and show the positive relationship between financial diversification and risk.