This paper assesses how Italian companies have implemented the regulation on related party transactions enacted by Consob in 2010. Companies have been given some degree of freedom in devising their internal codes: they may “opt-up” or “opt-down” from some of the default provisions set...

As a consequence of the financial crisis, the effectiveness of self-regulation has been increasingly questioned. In particular, self-regulatory initiatives on corporate governance have been often put under scrutiny so as to assess whether, by favouring the actual adoption of best practices,...

Corporate Governance Codes are well developed among main countries and attain the role and the structure of the board, the role and function of internal committees, the fee structure and acceptance procedure for action with interrelated counterparties.Differently respect to other countries like...