The Governor’s challenge is to lead Bank of Italy back to its institutional role to serve the country and, through this, re-estabilish its prestige, also at an international level. In order to perceive this goal, his way to act is decisive, but always focused on a consistent and dialectical...

All the current and recent merges among Banks determine linked effects in the specific market in terms of strategic, organizational and managing behavior of all the competitors. This leads to a change of the logics underneath the running of the business; in this scenario, the need of new skills...

FROM ITALIAN BANKING LAW TO THE COMPLIANCE FUNCTION IN BANKS. So far, investors’ confidence in financial markets has been protected by non-compulsory rules, which are more and more complex. Nevertheless, these provisions have not safeguarded banks and the whole financial system from legal and...

The peculiarity of the tourist sector requires the recognition of the strategic significance of training and development of human resources, as an authentic and inescapable investment for the future. In this respect, both operative (for a direct relationship with the customer), professional (for...

Le autorità di vigilanza e i pubblici poteri gestiscono le criticità che interessano il sistema economico e finanziario nazionale e mondiale nella convinzione che le regole non agiscono contro il mercato, ma a vantaggio del mercato. Ciò ha lasciato spazio a forme di autoregolamentazione e gli...

The challenges that our economic and financial system are going to face are tremendous. Some of these are not yet taken with the appropriate extension: SEPA, MiFID and Compliance, for instance, will respectively change the banking activity business model, state that the reputation issue is...

La tecnologia, in quanto fattore d’impatto sull’organizzazione e leva strategica adisposizione del management, si caratterizza oggi: a) quale elemento di distruzione di assetticonsolidati nell’industria bancaria e b) quale elemento di costruzione di nuove strategiecompetitive, di nuovi...

Il modello cooperativo, rivisitato nella logica di questo lavoro, è ancora oggi un importante presidio per la gestione dell'attività bancaria; ci?? in quanto garantisce condizioni stabili di valorizzazione di tipologie economico - territoriali e d'impresa altrimenti esposte a rischi esterni di...

Compliance is an opportunity that both Authorities and Banks must develop and exploit in order for them to respectively consolidate their own role and their position in the market. It’s the responsibility of the top management (board of directors) to structure, manage and monitorize the...

This paper provides evidence on the links between productivity and internationalisation choices for a large sample of both large and small-medium sized Italian firms. By using detailed qualitative and quantitative information we first identify those firms engaged in international activities...