Journal of
Italian
Banking
Association
year 100
Forum | Papers
N. 10 - 2014
Brenda Cude, Gianni Nicolini
This paper analyzes how financial knowledge and income can be considered as indicators to avoid situations of financial stress. The hypothesis of the work is that financial literacy has a limited ...
N. 9 - 2014
Giuliano Iannotta, George Pennacchi
Does a regulation based on credit ratings create an incentive to make loans and invest in bonds that have relatively high systematic risk? Using an international sample of almost 4,000 bonds ...
N. 7/8 - 2014
Elena Beccalli, Francesca Lenoci
During the crisis the financial system experienced a concentration process driven by new M&A released by both big and medium banks. The article evaluates the role of banking features and regulatory framework in ...
N. 6 - 2014
Michele Leonardo Bianchi
Index-linked bonds are structured products whose returns depend on performance of one or more financial indexes. They can be seen as the sum of a bond and an option (derivative component)
N. 5 - 2014
Vincenzo Chiorazzo, Francesco Masala, Pierluigi Morelli
This paper contributes to the literature on bank risk with a cross-sectional analysis of the bank-specific determinants of risk using a new indicator calculated for a sample of 38 Italian banks in the period 2006-2012...
N. 4 - 2014
Maria Luisa Di Battista, Paola Schwizer, Valeria Stefanelli
The paper aims to evaluate the quality of the corporate governance information published by Italian listed banks in the period 2010-2012. The results may interest banks, regulators and supervisors to highlight possible areas...
N. 3 - 2014
Elvira Anna Graziano
This study investigates the effect of the publication of spin-off news, published between 2000 and 2011 in the Wall Street Journal (Wsj), on the abnormal returns of companies involved in the deal. The results of the empirical analysis ...
N. 2 - 2014
Gianfranco Gianfrate, Roberto Vincenzi
The literature that examines target prices issued by equity research analysts is vast, and the role of the analytical process and valuation model used to determine target prices has received growing attention by scholars.
The reorganization of branch networks recently undertaken by Italian banking groups has led many subsidiary banks to operate in territories where the parent company is not present through own branches
N. 12 - 2013
Elisa Bocchialini, Maria Adele Milioli, Lucia Poletti, Beatrice Ronchini
A sample of 1,087 Italian university students was surveyed to investigate their financial education and its determinants. Financial education of first-year and third-year business and non-business students...