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Central bank communication, regulatory framework and bank supervision

Alessandro Carretta (), Vincenzo Farina and Elvira Anna Graziano
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Elvira Anna Graziano: Università di Roma «Tor Vergata»

BANCARIA, 2011, vol. 10, 02-13

Abstract: An empirical analysis, based on Computer Aided Text Analysis, is aimed to highlight the impact of Bank of Italy’s communications on the behaviour of supervised subjects.The results reveal the presence of «signs of address» perceived in different ways by intermediaries and markets, especially in the areas of capital adequacy, risk management, governance, organization and internal controls.

Keywords: comunicazione; vigilanza; sanzioni (search for similar items in EconPapers)
JEL-codes: G21 G28 (search for similar items in EconPapers)
Date: 2011
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