This paper investigates the accuracy of internal rating based (IRB) models in measuring credit risk. We contribute to the growing debate on the current prudential regulatory framework by investigating the use of validated IRB models in promoting efficient risk management practises. Our empirical...

During the critical stage of the financial crisis - between June 2008 and December 2009 - the credit policies of Italian banks were characterized by a wide range of different behaviours and performances, not only due to bank size. An analysis of a large sample of Italian banks, representing 85%...

The future of banking will be a return to the origin: increased lending activity, focus on SMEs and the importance of Relationship banking. A review of the literature of the last thirty years shows the success elements to develop the Rb even in the large banks operating internationally: the...

The future of banking will be a return to the origin: increased lending activity, focus on SMEs and the importance of Relationship banking (RB). A review of the literature of the last thirty years shows the success elements to develop the RB even in the large banks operating internationally: the...

This survey on Relationship Lending (RL) reviews thirty years of literature in a new analysis framework that considers the alleged benefits of RL in all possible scenarios under which banks and firms could operate from a good time scenario to a scenario of generalized crisis affecting both firms...

The paper aims to evaluate the quality of the corporate governance information published by Italian listed banks in the period 2010-2012. The results may interest banks, regulators and supervisors to highlight possible areas of improvement. It can also represent a starting point to define...

Consolidation in the banking industry has caused concern about the survival of small banks. Empirical evidence, however, shows that small banks are performing better than larger banks in terms of loan growth and profitability. This paper investigates the determinants of such unexpected superior...

Consolidation in the banking industry has caused concern about the survival of small banks. However, empirical evidence shows that often small banks are performing better than larger banks in terms of loan growth and profitability. This paper addresses the main question of quot;how David can be...

The board of directors is a group of people whose decision making can affect company life. In particular, the decision to have more liabilities than equity capital, makes a firm more aggressive than others in the market. The aim of this paper is to test the relationship between some demographic...