Are Charter Value and Supervision Aligned? A Segmentation Analysis
Previous work suggests that the charter value hypothesis is theoretically grounded and empirically supported, but not universally. Accordingly, this paper aims to perform an analysis of the relations between charter value, risk taking, and supervision, taking into account the relations' complexity. Specifically, using the CAMELS rating system as a general framework for supervision, we study how charter value relates to risk and supervision by means of classification and regression tree analysis. The sample covers the period 2005-2016 and consists of listed banks in countries that were members of the Eurozone when it came into existence, along with Greece. To evaluate the crisis consequences, we also separately analyze four subperiods and countries that required financial aid from third parties and those that did not so, along with large and small banks. Our results reflect the complexity of the relations between charter value, supervision, and risk. Indeed, supervision and charter value seem aligned regarding only some types of risk
Code (0)
등록된 구현이 없습니다.
Similar Papers 제목 키워드 기반
Efficient Annotation of Medieval Charters
Diplomatics, the analysis of medieval charters, is a major field of research in which paleography is applied. Annotating data, if performed by laymen, needs validation and correction by experts. In this paper, we propose…
object-detectionObject DetectionSegmentationEvaluating corpora documentation with regards to the Ethics and Big Data Charter
The authors have written the Ethic and Big Data Charter in collaboration with various agencies, private bodies and associations. This Charter aims at describing any large or complex resources, and in particular language …
EthicsThe Learnable Typewriter: A Generative Approach to Text Analysis
We present a generative document-specific approach to character analysis and recognition in text lines. Our main idea is to build on unsupervised multi-object segmentation methods and in particular those that reconstruct…
Semantic SegmentationUnsupervised Text RecognitionThe "Days of Learning" Metric for Education Evaluations
The third National Charter School Study aimed to test whether charter school were effective and to highlight outcomes on academic progress. The results showed that typical charter school students outperformed similar stu…
Is text normalization relevant for classifying medieval charters?
This study examines the impact of historical text normalization on the classification of medieval charters, specifically focusing on document dating and locating. Using a data set of Middle High German charters from a di…
Document DatingText Normalization