In light of multiple motivations for the use of trade credit, firms tend to supply and receive trade credit at the same time, so the choice to engage in one of these activities could influence the other. Many studies proposed in the literature define models of trade credit and provide empirical...

The variability of cash flows of Real Estate investments is affected by specific characteristic of each investment and by the choices for the portfolio composition and for the debt structure. The Italian Real Estate funds could not be evaluated with the same approaches used for other...

In un contesto di sostanziale «pubblicizzazione» degli equilibri reddituali e patrimoniali delle banche, la proprietà privata della banca è spesso condizionata nell'esercizio dei diritti di controllo e delle prerogative di imprenditorialità che le sarebbero propri. La questione della banca...

The market for Italian real estate funds has been characterized in recent years by fluctuations affecting both the number of new products and their performance. It is therefore important to establish criteria for measuring the funds' performances, based on the income return and capital growth...

Rating agencies normally apply an issuer-pay model, which is acknowledged as a possible source of collusion risk. In order to control this risk, raters are requested to monitor only the yearly top customers' revenues, without considering the value of multi-period relationships.Looking at Fitch,...

Trade credit and trade debt choices are strictly interconnected and some of the drivers of one of these features are common. Literature looks prevalently at the main reason behind each choice considering separately the credit and debt features. Only few articles consider the two features jointly...

Introduction -- 2. PropTech: history and development -- 2.1 Introduction -- 2.2 Proptech 1.0 (1982-2000) -- 2.3 Proptech 2.0 (2001-2016) -- 2.3.1 Sector classification -- 2.3.2 Business model -- 2.4 Proptech 3.0 (2017-Today) -- 2.4.1 Blockchain technology -- 2.4.2 Blockchain and real estate --...