Cluster Analysis of Total Assets Provided By Banks from Four Continents
Journal Title: Academic Journal of Economic Studies - Year 2017, Vol 3, Issue 4
Abstract
The paper analyzed the total assets in 2016 achieved by the strongest 96 banks from 4 continents: Europe, America, Asia and Africa. It aims to evaluate the level of total assets provided by banks in 2016 and continental banking markets degree of differentiation to determine the overall conditions of the banks. Methodologies used in this study are based on cluster and descriptive analysis. Data set was built based on information reported by banks on total assets. The results indicate that most of total banking assets are found in Asia and the fewest in Africa. At the end of 2016, the top 16 global banks owned total assets of $ 30.19 trillion according to the data set contains cluster 1 and the centroid was (2.25, 2.11, 3.06, 0.01).
Authors and Affiliations
Mirela Catalina Turkes
Keywords
Related Articles
- EP ID EP239584
- DOI -
- Views 83
- Downloads 0
The Impact of Green Innovation on Organizational Performance: Evidence from Romanian SMEs
The complexity of economic life in terms of competition imposed by the market economy increases the role of information in decision making. Its quality depends on the quality of current future innovative decisions taken...
Investments in Associates and Joint Ventures
This article focuses on the main items regarding the identification of associated enterprises and joint ventures, and make useful guidelines related to the equity method, with reference to international standards. Also,...
Wood Production in the Central African Republic’s Economy: An Error Correction Model (ECM) Analysis
This work analyzes the effect of forest on the economy of Central African Republic, using the data from secondary source within the period of 1970-2015. The study employed error correction model (ECM) as econometric meth...
Comparative Analysis of Master Programs in Bioeconomy and Their Development Perspectives in the Universities of Romania
As the planetary natural resources are limited, the European Commission has adopted a strategy and action plan called “Bioeconomy for Europe” which aims at making the renewable and bio-renewable bio-resources sustainable...
The Relationships between Organizational Determinants and Counterproductive Work Behaviors among Employees in the Nigerian Maritime Industry
The predominance of counterproductive work behavior in the workplace has propelled negative consequences (such as low productivity, poor job satisfaction, and sabotage among others). This study investigates the relations...