caa a22 4500 465802575 CHVBK 20180323112056.0 cr unu---uuuuu 170327e19900301xx s 000 0 eng 10.1007/BF00365550 doi (NATIONALLICENCE)springer-10.1007/BF00365550 Geographic diversification in banking, market share changes, and the viability of small independent banks [Elektronische Daten] [John Rose, John Wolken] The prospect of unlimited nationwide banking raises a question about the viability of small independent banks in competition with large, geographically diversified banking organizations. This study addresses the issue of small bank viability by focusing on the relative performance of independent banks and bank holding company subsidiaries in a regime of intrastate banking, where "performance” is measured by the cumulative change in a bank's local market share over time. Two regression equations of the same general form are estimated using the same sample of independent and affiliated banks, albeit for different time periods to distinguish between the short-term and long-term effects of affiliation. Regression results indicate that affiliation with a geographically diversified bank holding company generally provides no significant long-term competitive advantage (in terms of market share accumulation) for holding company subsidiaries over independent banks. The only exception is a modest benefit afforded to banks with relatively small pre-acquisition market shares that are acquired by larger bank holding companies as initial entry vehicles into new markets. Kluwer Academic Publishers, 1990 Rose John Hankamer School of Business, Baylor University, Waco, Texas, U.S.A. aut Wolken John Division of Research and Statistics, Federal Researve Board, Washington, D.C., U.S.A. aut Journal of Financial Services Research Kluwer Academic Publishers 4/1(1990-03-01), 5-20 0920-8550 4:1<5 1990 4 10693 https://doi.org/10.1007/BF00365550 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00365550 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Rose John Hankamer School of Business, Baylor University, Waco, Texas, U.S.A aut NATIONALLICENCE 700 1- Wolken John Division of Research and Statistics, Federal Researve Board, Washington, D.C., U.S.A aut NATIONALLICENCE 773 0- Journal of Financial Services Research Kluwer Academic Publishers 4/1(1990-03-01), 5-20 0920-8550 4:1<5 1990 4 10693 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer