180 research outputs found
The Internationalization of Italian Banks: Direction and Organizational Reshaping
No full textUsing a rich dataset on the presence of Italian banks abroad, our paper examines
which bank and market characteristics can affect banking internationalization, so as to
identify changes in the driving forces of bank expansion in foreign markets. In our analysis
a particular attention is devoted to investigate whether organizational choices and
geography of international banking are correlated with both bilateral trade and outward
financial direct investments, in order to verify the relevance of the “follow the customer”
hypothesis. We are also able to examine the effect of the “persistence” in the bank’s
behaviour, due to the high incidence of sunk costs in international activities. The main
empirical evidence shows that the closeness to the client positively influences the
probability of remaining in foreign markets, especially when banks operate abroad through
representative offices and branches. Furthermore, geography and organizational forms of
the expansion seem to be strongly conditioned by sunk costs, that are severe barriers to
leave foreign markets in the short term, even if not always profitable or less suitable to
support customers abroad. Therefore, sunk costs of international expansion, mainly for the
more complex organizational forms such as subsidiaries, could explain the low correlation
between banking internationalization and relocation of firms
The Internationalization of Italian Banks: Direction and Organizational Reshaping
No full textUsing a rich dataset on the presence of Italian banks abroad, our paper examines
which bank and market characteristics can affect banking internationalization, so as to
identify changes in the driving forces of bank expansion in foreign markets. In our analysis
a particular attention is devoted to investigate whether organizational choices and
geography of international banking are correlated with both bilateral trade and outward
financial direct investments, in order to verify the relevance of the “follow the customer”
hypothesis. We are also able to examine the effect of the “persistence” in the bank’s
behaviour, due to the high incidence of sunk costs in international activities. The main
empirical evidence shows that the closeness to the client positively influences the
probability of remaining in foreign markets, especially when banks operate abroad through
representative offices and branches. Furthermore, geography and organizational forms of
the expansion seem to be strongly conditioned by sunk costs, that are severe barriers to
leave foreign markets in the short term, even if not always profitable or less suitable to
support customers abroad. Therefore, sunk costs of international expansion, mainly for the
more complex organizational forms such as subsidiaries, could explain the low correlation
between banking internationalization and relocation of firms
Excellence in ServicesLe Cnam21thInternational ConferenceParis (France)Conference Proceedings ISBN 978889043278123130 and 31 August 2018The Last Challenge of Sustainable Development: Sustainable Happines
No full textThe co-creation of value for pursuing a sustainable happiness: the analysis of an Italian prison community
No full textBlank Shape Optimization In Sheet Hydroforming Process
No full textBlank shape is one of the most important parameters of sheet metal stamping. In fact it can directly affect the forming quality of parts and it has to be taken in account in sheet hydroforming design.
Reasonable blank shape not only can reduce materials and production cost but, also, it can improve the strain distribution of the material and product quality in the hydroforming process.
However, it is not easy to find an optimal blank shape because of complexity of deformation behavior and presence of many process parameters like die radius, punch radius, punch speed, blank holder force and friction. In fact, they affect the result of the process i.e. tearing, wrinkling, springback and surface conditions such as earing. Even a slight variation in one of these parameters can result in defects.
This paper reports numerical and experimental correlation for axis symmetrical hydroformed component using initial blank with different shape and size. Experimental tests have been carried out through the hydroforming cell tooling, designed by the authors thanks to a research project, characterized by a variable upper blankholder load of eight different hydraulic actuators. Two different initial blank shapes, square and circular, of same material and thickness have been used
Analysis of high frame-rate movies by variational methods
No full textThe object of this study was the recognition of Regions Of Interest(ROIs)
in a time series of digital images of two specific laboratory experiments. It concerns
the identifcation of objects in a tissue surface by high-resolution and high-speed
ad-hoc systems for morphological dynamic image analysis. The protocols and the
algorithms implemented are developed to retrieve bio-mechanical properties of two
different in vitro systems; the solid lament X-MET (eX-vivo Muscle Engineered
Tissue) to measure its reaction to a different frequency stimulation, and a planar
system of co-culture of skeletal and cardiac muscle cells, where myotubes and cardiomyocytes coexist, to discriminate the interaction between different cell's type,
of its spontaneous pulse. The results of the stimulated X-MET from solid culture
system are frequency dependent points of the macroscopic muscular strength and
its contractile response. The results for the co-culture planar board measure the
correlation of the pulsed movements of the different parts of the tissue
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