One of the most prevalent forms of corruption is the tax offence. To determine the indexes of tax corruption, first, one has to reckon potential tax revenues estimated according to the economy at the present stage of development. One must then compare this potential amount with the actual taxes...

The recent development of indexed catastrophe (CAT) securities is a concern in the insurance literature. We refer to the two existing prominent explanations as the systematic risk approach and the moral hazard approach. Under the systematic risk approach, the systematic risk portion is hedged by...

One of the most negative factors that characterize Italian economy and society is the pervasive and oppressive presence of organized crime, affecting many aspects of the daily live and every sector of business. The data unfortunately show how this phenomenon is increasingly growing and involves...