The future of banking will be a return to the origin: increased lending activity, focus on SMEs and the importance of Relationship banking. A review of the literature of the last thirty years shows the success elements to develop the Rb even in the large banks operating internationally: the...

During the critical stage of the financial crisis - between June 2008 and December 2009 - the credit policies of Italian banks were characterized by a wide range of different behaviours and performances, not only due to bank size. An analysis of a large sample of Italian banks, representing 85%...

This paper investigates the behaviour of the pooled ols estimator in a panel model with stationary and nonstationary regressores as both N amd T go to infinity. the nonstationary regressor is assumed I(1) ,the stationary regressor is set i.i.d.The investigation is carried through four Monte...

We propose a model diagnostic device to compare different linear and non linear parametric time series models of real GDP business cycle.The comparison appears of remarkable economic importance since different models have very different implications in term of long run persistence of negative...

Consolidation in the banking industry has caused concern about the survival of small banks. However, empirical evidence shows that often small banks are performing better than larger banks in terms of loan growth and profitability. This paper addresses the main question of quot;how David can be...

We investigate whether financial markets reacted to the regulatory changes implied by the publication of the list of systemically important financial institutions (SIFI) and the new rules designed to address the too-big-to-fail problem of systemic banks. By applying event study methodology to a...

type="main" <p>The current international financial crisis, which started in 2007 in the US and soon spread to the rest of the world, has revealed that the failure of an interconnected and complex financial institution, even though not necessarily large in terms of total assets, can threaten the...</p>

The study analyzes the relationship between the board diversity and some profiles of the operating performance of BoD.The research is based on a sample of 237 Italian listed firms during the period 2007-2009.The results show a positive relationship between the monitoring activity and the...

Consolidation in the banking industry has caused concern about the survival of small banks. Empirical evidence, however, shows that small banks are performing better than larger banks in terms of loan growth and profitability. This paper investigates the determinants of such unexpected superior...