Competition or manipulation? An empirical evidence of determinants of the earnings persistence of the U.S. banks
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DOI: 10.1016/j.jbankfin.2018.01.010
Abstract: We examine the impact of competition on bank earnings persistence by exploiting a natural experiment following interstate banking deregulation that increased bank competition. We find that bank earnings adjustment speed increases after their states implement… read more here.
Keywords: earnings persistence; competition manipulation; competition; bank earnings ... See more keywords