Using data from 141 countries, this paper identifies the variables that best characterize banking regulation and supervision practices around the world. A nonlinear principal components analysis with optimal variable transformation is used to deal with the mixed measurement levels of the variables and to reduce data dimensionality; and results robustness is tested for different subsamples. Deposit insurance, li...
Using data from 141 countries, this paper identifies the variables that best characterize banking regulation and supervision practices around the world. A nonlinear principal components analysis with optimal variable transformation is used to deal with the mixed measurement levels of the variables and to reduce data dimensionality; and results robustness is tested for different subsamples. Deposit insurance, li...
Banks’ stability can be affected by economic fluctuations, banks’ risktaking behavior, connections among banks and countries’ financial system structure. At the same time, banking regulation and supervision were designed to protect banks from failure, but a large number of banking crises were not prevented recently. Using binary response models for panel data and focusing on OECD countries, this paper studies t...
In this article, we investigate the influence of family ownership on firm leverage across different subgroups of family and non-family firms. In addition, we examine the influence of firm size, geographical location and the 2008 global financial crisis on the capital structure of family firms. In both cases, we study the probability of firms using debt and, conditional on its use, the proportion of debt issued....
Based on four samples of Portuguese family-owned firmsdi) 185 young, low-sized family-owned firms; ii) 167 young, high-sized familyowned firms; iii) 301 old, low-sized family-owned firms; and iv) 353 old, high-sized family-owned firms d we show that age and size are fundamental characteristics in family-owned firms’ financing decisions. The multiple empirical evidence obtained allows us to conclude that the fin...
O contexto dos últimos anos conferiu ao incumprimento registado no crédito concedido a clientes uma monitorização e controlo mais frequentes, emergindo a necessidade de estreitar a aplicação das normas contabilísticas vigentes para o reconhecimento destas situações. O volume de crédito vencido cresceu com o aumento das dificuldades financeiras sentidas por famílias e empresas e esta passou a ser uma medida cons...
A metodologia EMM-ARM (Elasticity Modulus Measurement through Ambient Response Method) permite a avaliação contínua da rigidez de solos estabilizados desde o instante da compactação. Esta técnica inovadora baseia-se na identificação contínua da primeira frequência de ressonância à flexão de uma viga mista simplesmente apoiada, para inferir o módulo de deformabilidade da amostra de solo estabilizado colocada no ...
The application of a vibration-based methodology for the continuous measurement of the stiffness of sand–cement has recently been proposed by the authors of this work. Such methodology consists of placing the sand–cement sample into a mould, then placing the mould in simply supported conditions, and finally monitoring it over time to assess the evolution of its resonant frequency. This evolving resonant frequen...
A metodologia EMM-ARM (Elasticity Modulus Measurement through Ambient Response Method) foi recentemente adaptada para permitir a avaliação contínua da rigidez de solos estabilizados desde o instante da compactação. Este método baseia-se na identificação contínua da primeira frequência de ressonância à flexão de uma viga mista simplesmente apoiada. Apesar dos resultados preliminares obtidos com EMM-ARM na aplica...
Recently, an innovative technique based on continuous modal identification of the first flexural resonant frequency of a simply supported composite beam has been proposed for continuous evaluation of the E modulus of concrete from the instant of casting (termed EMM-ARM: elasticity modulus measurement through ambient response method), and has been successfully compared with other existing techniques. In view of ...