On the market for factoring services independent suppliers coexhist with companies affiliated with banking groups. The last ones can be oriented in their decision processes by the policies of their parent company, usually a bank. They could also benefit from synergies among the different units...

The market for factoring services is characterized by the coexistence of independent companies and companies belonging to banking groups. While group intermediaries may be steered in their decisionmaking processes by the policies of their parent company, they are likely to benefit from...

This paper analyses the casual relationship between corporate culture and shareholder value using a sample of large banks in the French, German, Italian and U.K. banking systems over the 2000 to 2003 period. Firstly, we measure shareholder value using an Economic Value Added estimated through a...

Purpose – This paper aims to develop a model to assess the effectiveness and compliance of bank boards, taking into account their unique characteristics, financial industry standards and regulations. Design/methodology/approach – The literature on the roles and effectiveness of boards and...

Purpose – The purpose of this paper is to measure the cultural fit between supervisory authorities and banks, considering cultural gaps as possible stumbling blocks for effective supervision. Design/methodology/approach – The paper uses a text-analysis approach. The methodological assumption...

The intense concentration process taking place in the financial systems has attracted substantial attention from stakeholders and academics. The impact of M&A on the value creation and efficiency/effectiveness improvements of banks involved appears, on the whole, disappointing and it is still...

<em>Banche, cultura dei fidi e capitale sociale: si può finanziare la fiducia nel territorio?</em> (di Alessandro Carretta, Vincenzo Farina, Paola Schwizer) - ABSTRACT: La fiducia rappresenta una sorta di infrastruttura invisibile nell’ambito del capitale sociale, che identifica l’insieme delle...

The intense concentration process taking place in the financial systems of the major countries has attracted substantial attention from stakeholders and academics. The impact of M&A on value creation and efficiency / effectiveness improvements of banks involved appears, on the whole,...