This paper empirically investigates the link between political patronage and bank performance for Ukraine during 2003Q3–2005Q2. We find significant differences between politically affiliated and non-affiliated banks. The data suggest that affiliated banks have significantly lower interest rate margins and increase their capitalization. Furthermore, we show that the level of activity of affiliat...

We explore the impact on firm value by numerous factors in energy industry using panel data from 2010 to 2020. The analysis employs different econometric methods, including fixed-effects, random-effects, two-stage least squares, and generalized method of moments. Our main variables interest are value, firm-level climate change risk, fixed assets, leverage, dividend yield, market capitalization,...

Many researchers have addressed concerns of omitted variable bias in hedonic price models through the use of spatial fixed effects. We argue that this approach does not consider the biases introduced by effects that overlap the zone of capitalization for the non-market good. We show this bias can dominate the usual omitted variable bias using data on developer-provided open space. We control fo...

Subjects' eye movements were recorded while they read sentences for comprehension. Sentences were presented with capitalized nouns—in agreement with German spelling rules—or completely in lowercase. Overall reading speed was not influenced by the manipulation of capitalization, but fixation durations were affected by the interplay between capitalization and the word classes of the fixated and t...

Analyzing data coming from e-learning environments can produce knowledge and potentially improve pedagogical efficiency. Nevertheless, TEL community faces heterogeneity concerning e-learning traces, analysis processes and tools leading these analyses. Therefore, analysis processes have to be redefined when their implementation context changes: they cannot be reused, shared nor easily improved. ...

The FASB recently proposed the capitalization of acquired in-process R&D costs to replace the current practice of expensing this item. This proposal will likely be strongly opposed by corporate executives. We examine whether in-process R&D is an asset worthy of capitalization or an expense, and, if it is an asset, how reliable is its estimate. We find a significant association between the value...

The wide adoption of social and connected tools in organizations leads them to think again about their behaviour and to consider the capitalization of the resources users can now produce with such tools, in the same way they capitalize other documentary resources. We present in this paper the model of a digital ecosystem which permits this capitalization of both documentary resources or those p...