Journal of
Italian
Banking
Association

year 100
 

Archive » March 2014

March 2014

Ownership structure and Corporate Governance of Italian listed companies

Angela Ciavarella, Nadia Linciano, Valerio Novembre
The corporate governance of Italian listed companies showed significant changes in the last fifteen years under the impulse of self-regulation initiatives, legislative innovations and market discipline
The introduction of the Single Supervisory Mechanism will be the occasion to innovate and integrate banking regulation, in order to avoid unacceptable levels of financial and economic instability

Ratings communication to investors

Giacomo De Laurentis
A better understanding of the information provided by credit ratings and their proper use allow more transparent and effective communication to investors and a better risks' diversification
The question concerning the relationship between general corporate regulation and special banks' provisions is particularly relevant with regard to the issue of transparency...
The Italian Criminal Code provisions on usury cannot be applied to banking transactions which are subject to a specific discipline

XBRL and Smes: an opportunity to improve financial communication

Graziano Coller, Luca Erzegovesi, Davide Panizzolo
Small and medium-sized enterprises' financial reporting is generally inefficient and can be improved by a wider use of XBRL. In particular it could be useful to create a web platform...
Recent developments in the traditional and synthetic Exchange-Traded Funds industry in Europe gave rise to new risks and represent a serious threat to the stability of the financial system