Italian banks in the first half of 2011, outlined by ABI research on 34 banking groups, were showing, before recent tensions, a slight increase in gross margins and a significant equity risk

The Social Disclosure (Sd), in general, expressed through corporate social reporting can sometimes be reflected only in a series of fulfillment. In this perspective, the research aims to verify, with reference to Cooperative Credit Banks (Bcc) in Italy, if the intensity of Sd is actually...

The model 2013 IASB appears logically weak, exposed to a high degree of discretion in its implementation, potentially unsuitable to meet the requests of the G20.A possible alternative model could consist in increasing the levels of provisions on performing loans, forcing companies to set aside...

This paper examines the determinants of shareholder value creation for a large sample of European banks. By using a panel data model, we find that bank profits and shareholder value are positively influenced by cost and profit efficiency, operational risk exposure, unexpected credit losses and...

The introduction of Ias/Ifrs caused a deep innovation in banks’ data flow and is also inspiring the accounting standard setters in sketching new and more complex interpretation methods. The profitability analysis demands a more accurate and detailed approach necessary to manage complex and...

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. However, the specific evidence that indicates how professional analysts...

In recent years, many companies, also in the banking sector, are adopting more developed operational risk management models, responding to the logic of a rational business growth and in line with their risk appetite

The on-going asset-quality review process implemented by the European Central Bank may seriously affect the possibility of easing bank credit. This paper examines debt and profitability of firms in the four major countries of the Euro area, using data available in Bach database from 2000 to...

Multiple lending relationships, largely common in Italian markets, are a practice that should evolve towards lesser fragmentation and an improvement of credit evaluation

Cooperative banking has produced, in more than a century, significant value in terms of proximity to clients and local communities. A governance reform is now necessary to solve interest conflicts and redefine the cooperative model in the present scenario