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commercial banks, shows that over the period 1998-2008 all jurisdictions experienced a reduction in both effective and statutory … tax rates. Even if the tax burden on Italian banks has seen one of the largest reductions, this tax indicator is still the …
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introduce relevant organizational changes. In general firms do not perceive any relevant change in banks' behaviour, but there … is some dispersion in the answers on banks' reactions in credit availability and conditions. A trend towards reduction in …
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The banking industry is consolidating at an accelerating pace, yet no conclusive results have emerged on the benefits of mergers and acquisitions. We analyze the Italian market, which is similar to other main European countries. By considering both acquisitions (i.e. the purchase of the majority...
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