Why isn't there a Buddhist Bible?

Why is it that Buddhism never compiled a reasonably concise set of canonical texts like the Bible? Buddhism itself has universal beliefs such as the 4 Noble Truths, the Eightfold Path and the notion of going for refuge. To me then it doesn't seem unreasonable that there could have been a Buddhist Bible that complied these central beliefs in the same way as the Christian Bible. Even though the Christian world is diverse they still manage with one Bible (though I do appreciate there are different version such as the Orthodox Bible) and this Bible forms the basis of new forms of Christianity or new emphasis on Christian belief. However Buddhism seems to have an enormous array of texts over a number of different canons (Pali, Chinese, Tibetan) and commentaries and para canonical texts. Why the difference? Is there something in the history or culture of these two religions that caused them to treat their texts differently. Am I wrong and the differences aren't really there if you look at it correctly? Is it a theological matter? I appreciate you could ask the same question about Islam and Hinduism (I think) but I want to keep the question as on-topic and tractable as possible.