How to cite this paper
Safitri, N., Wiksuana, I., Candraningrat, I & Baskara, I. (2023). The influence of market power and revenue diversification on the profitability and stability of Indonesian banking during the COVID-19 pandemic.Uncertain Supply Chain Management, 11(4), 1495-1506.
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Ahi, K., & Laidroo, L. (2019). Banking market competition in Europe—financial stability or fragility enhancing? Quantitative Finance and Economics, 3(2), 257–285. https://doi.org/10.3934/QFE.2019.2.257
Akande, J. O., Kwenda, F., & Ehalaiye, D. (2018). Competition and commercial banks risk-taking: evidence from Sub-Saharan Africa region. Applied Economics, 50(44), 4774–4787. https://doi.org/10.1080/00036846.2018.1466995
Albaity, M., Mallek, R. S., & Noman, A. H. M. (2019). Competition and bank stability in the MENA region: The moderating effect of Islamic versus conventional banks. Emerging Markets Review, 38, 310–325. https://doi.org/10.1016/j.ememar.2019.01.003
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Almarzoqi, R., Naceur, S. Ben, & Scopelliti, A. D. (2015). How Does Bank Competition Affect Solvency, Liquidity and Credit Risk? Evidence from the MENA Countries. IMF Working Papers, 43.
Amidu, M., Coffie, W., & Sissy, A. M. (2019). The effects of market power on stability: Do diversification and earnings strategy matter? Afro-Asian Journal of Finance and Accounting, 9(4), 381–405. https://doi.org/10.1504/AAJFA.2019.102994
Ammar, N., & Boughrara, A. (2019). The impact of revenue diversification on bank profitability and risk: evidence from MENA banking industry. Macroeconomics and Finance in Emerging Market Economies, 12(1), 36–70. https://doi.org/10.1080/17520843.2018.1535513
Athanasoglou, P. P., Brissimis, S. N., & Delis, M. D. (2008). Bank-specific, industry-specific and macroeconomic determinants of bank profitability. Journal of International Financial Markets, Institutions and Money, 18(2), 121–136. https://doi.org/10.1016/j.intfin.2006.07.001
Bader, S. A., & Jones, T. V. (2021). Statistical Mediation Analysis Using the Sobel Test and. International Journal of Quantitative and Qualitative Research Methods, 9(1), 42–61.
Bank Indonesia. (2020). Indonesia Economic Report 2020. In Bersinergi Membangun Optimisme Pemulihan Ekonomi. https://www.bi.go.id/id/publikasi/laporan-tahunan/perekonomian/Documents/9_LPI2020.pdf
Barra, C., & Zotti, R. (2020). Market power and stability of financial institutions: evidence from the Italian banking sector. Journal of Financial Regulation and Compliance, 28(2), 235–265. https://doi.org/10.1108/JFRC-05-2019-0055
Berger, A. N., Klapper, L. F., & Turk-Ariss, R. (2009). Bank competition and financial stability. Journal of Financial Services Research, 35(2), 99–118. https://doi.org/10.1007/s10693-008-0050-7
Bhegawati, D. A. S., & Utama, M. S. (2020). the Role of Banking in Indonesia in Increasing Economic Growth and Community Welfare. South East Asia Journal of Contemporary Business, Economics and Law, 22(1), 83–91.
Boyd, J. H., & De Nicoló, G. (2005). The theory of bank risk taking and competition revisited. Journal of Finance, 60(3), 1329–1343. https://doi.org/10.1111/j.1540-6261.2005.00763.x
Carnevale, J. B., & Hatak, I. (2020). Employee adjustment and well-being in the era of COVID-19: Implications for human resource management. Journal of Business Research, 116(January), 183–187. https://doi.org/10.1016/j.jbusres.2020.05.037
Clark, E., Radić, N., & Sharipova, A. (2018). Bank competition and stability in the CIS markets. Journal of International Financial Markets, Institutions and Money, 54, 190–203. https://doi.org/10.1016/j.intfin.2017.12.005
Coccorese, P. (2014). Estimating the Lerner index for the banking industry: A stochastic frontier approach. Applied Financial Economics, 24(2), 73–88. https://doi.org/10.1080/09603107.2013.866202
Cuestas, J. C., Lucotte, Y., & Reigl, N. (2020). Banking sector concentration, competition and financial stability: the case of the Baltic countries. Post-Communist Economies, 32(2), 215–249. https://doi.org/https://doi.org/10.1080/14631377.2019.1640981
Cupian, & Abduh, M. (2017). Competitive condition and market power of Islamic banks in Indonesia. International Journal of Islamic and Middle Eastern Finance and Management, 10(1), 77–91. https://doi.org/10.1108/IMEFM-09-2015-0098
Dang, V. D., & Dang, V. C. (2021). Non-interest income, credit risk and bank stability: Evidence from Vietnam. Institutions and Economies, 13(1), 97–125. https://doi.org/10.22452/ijie.vol13no1.4
Danisman, G. O., & Demirel, P. (2019). Bank risk-taking in developed countries: The influence of market power and bank regulations. Journal of International Financial Markets, Institutions and Money, 59, 202–217. https://doi.org/10.1016/j.intfin.2018.12.007
De Nicolo, G., & Zotova, V. (2020). Bank Risk and Bank Rents: The Franchise Value Hypothesis Reconsidered. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3708927
Demirgüç-Kunt, A., & Huizinga, H. (2010). Bank activity and funding strategies: The impact on risk and returns. Journal of Financial Economics, 98(3), 626–650. https://doi.org/10.1016/j.jfineco.2010.06.004
Devinney, T. M., & Stewart, D. W. (1988). Rethinking the Product Portfolio: A Generalized Investment Model. Management Science, 34(9), 1080–1095. https://doi.org/10.1287/mnsc.34.9.1080
Devinney, T. M., Stewart, D. W., & Shocker, A. D. (1985). A Note on the Application of Portfolio Theory: A Comment on Cardozo and Smith. Journal of Marketing, 49(4), 107. https://doi.org/10.2307/1251437
Duho, K. C. T., Duho, D. M., & Forson, J. A. (2023). Impact of income diversification strategy on credit risk and market risk among microfinance institutions. Journal of Economic and Administrative Sciences, 39(2), 523–546. https://doi.org/10.1108/jeas-09-2020-0166
Duho, K. C. T., Onumah, J. M., & Owodo, R. A. (2020). Bank diversification and performance in an emerging market. International Journal of Managerial Finance, 16(1), 120–138. https://doi.org/10.1108/IJMF-04-2019-0137
Dwumfour, R. A. (2017). Explaining banking stability in Sub-Saharan Africa. Research in International Business and Finance, 41, 260–279. https://doi.org/10.1016/j.ribaf.2017.04.027
Fu, X. (Maggie), Lin, Y. (Rebecca), & Molyneux, P. (2014). Bank competition and financial stability in Asia Pacific. Journal of Banking and Finance, 38(1), 64–77. https://doi.org/10.1016/j.jbankfin.2013.09.012
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