Purpose – The purpose of this research is to contribute to the development of an effective incentive policy implementation model, through an in-depth analysis of the stock option and/or stock grant schemes adopted by the major Italian banking groups. Design/methodology/approach – Out of the...

In the banking sector, the governance is a crucial factor for value creation. The crisis has highlighted the inability of the governing body of the largest banking groups to keep effectively the productive resources, ensuring sound and prudent management. In the light of recent regulatory...