1,721,142 research outputs found
The determinants of bank CDS spreads: evidence from the recent financial crisis
No full textBased on a sample of mid-tier and top-tier internationally active banks with 5-year senior CDS, this paper
investigates the determinants of credit default swaps (CDS) spreads and whether CDS spreads can be
considered a good proxy of bank performance. The analysis encompasses three time periods: a pre-crisis
period (1 January 2005–30 June 2007), a crisis period (1 July 2007–31 March 2009) and a post-crisis
period (1 April 2009–30 June 2011) and focuses exclusively on bank-specific balance sheet ratios. The
results of the empirical analysis indicate that bank CDS spreads, both in the pre-crisis period, but especially
in the crisis period, reflect the risk captured by bank balance sheet ratios. We find that the determinants
of bank CDS spreads vary strongly across time, as economic and financial conditions vary. TIER 1 ratio
and leverage appear insignificant in all of the three periods considered, while liquidity indicators become
significant only during the crisis and post crisis period
Introduction to Banking (Second edition)
No full textDespite the fears of Henry Ford, we do not think reading this book will cause a revolution but we do hope it will at least provide you with an enjoyable and interesting insight into the business of banking"-
Banking in Italy
No full textThis chapter provides an overview of the evolution of the banking industry in Italy and examines the current structural features, strategic challenges and concerns in the aftermath of the financial crisis. In essence the Italian banking industry appears to be dominated by polyfunctional groups oriented to relationship lending, and operates according to a banking law allowing banks to act as firms just from the 1990s. Such a framework opens new current issues such as the large amount of non-performing loans affecting Italian banks and the need for further reforms especially for cooperative banks
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Full text link“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Full text linkWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Dispelling the Myths Behind First-author Citation Counts
Full text linkWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
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