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The aim of this chapter is to present the role of market structure and competitive framework in the EU banking sector, with particular emphasis on the change in concentration and competition, in an attempt to determine the relationship between size and competition and risk-taking by banks. The empirical results based on panel data analysis find that the banking sectors with EU-27 are not homogeneous and find asymmetry between performance of EU-15 and EU-12 banking sectors. In fact, we have obtained different results concerning the impact of competition and size on financial stability for EU-15 banks (i.e., large banking sectors) and for EU-12 (i.e., small banking sectors).
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- The Role of Competitive Framework for Sound Banking Sector in the EU-15 and the EU-12
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