This paper uses data from a panel of more than 400 Italian banks for the period 2001 - 2012 to examine the main determinants of loan loss provision (LLP), which are classified as either discretionary (income smoothing, capital management, signalling) or non-discretionary (related to the business...

This paper uses data from a panel of more than 400 Italian banks for the period 2001 – 2012 to examine the main determinants of loan loss provision (LLP), which are classified as either discretionary (income smoothing, capital management,signalling) or non-discretionary (related to the...

The objective of the paper is to analyse capital adequacy, dividend policy and new share issues of Italian banks in the last twenty years, to identify the net role of the market in the capitalisation of Italian and European banks. The paper is primarily a descriptive study aimed at documenting...

The Basel Committee's reform to strengthen the global capital framework, known as Basel III, takes into account a series of measures to address procyclicality and, consequently, make banks' capital requirements more stable during the different phases of the economic cycle. The range of possible...

The paper examines the impact of the costs of complying with IAS and Basel II regulations on the net interest margin and operating costs of Italian banks using bank level data for the period 2001-2007. More specifically, the paper intends to ascertain whether: a) IAS and Basel II compliance...