Demand for consumer credit on the part of Italian households has risen sharply in recent years. According to the economic reference models for analysis of the choices made by households in terms of consumption, saving and indebtedness, the possibility of borrowing guarantees greater economic...

This paper analyzes deals involving private and State-owned enterprises (SOEs) worldwide since 2004. We consider four types of deals: privatizations, publicizations, private reorganizations (i.e private firms acquiring a private target) and public reorganizations. (i.e. both acquirers and...

CONSUMER CREDIT IN ITALY: WELL-BEING OR FINANCIAL FRAGILITY?Demand for consumer credit on the part of Italian households has risen sharply in recent years. According to the economic reference models for analysis of the choices made by households in terms of consumption, saving and indebtedness,...

Dall'analisi del profilo di eticità dei fondi socialmente responsabili emerge lapresenza sia di fondi che limitano i criteri di selezione alla esclusione di impreseoperanti in settori non etici e alla inclusione di aziende che adottano politiche ambientali sostenibili, sia di fondi che...

This paper analyses how the Spanish financial system manages the problem of preventing and/or handling conflicts of interest arising for a financial intermediary when it supplies investment services to retail customers. To this end, firstly the paper analyses the regulative framework aimed, on...

Over-indebtedness is a multi-faced phenomenon with social, economic, legal and political aspects. In our study we present an analysis of the literature on over-indebtedness. In particular, we look at all surveys which refer to over-indebtedness or financial difficulties of households with the...

Traditionally, in the city of Milan, energy services were supplied by the AEM, the in-house energy enterprise that was established in 1910. While being part of Milan' city administration, the AEM was an example of efficient management and dynamic entrepreneurship in the public sector. Since the...

The paper focuses on the consumer credit market in Italy and on the related risk of over-indebtedness. Using survey panel data, we investigate the impact of overindebtedness on consumption behaviour, evaluating in particular if consumer credit is used to cover gaps in income and if this is...

Using a probit model, we estimated the role of emotional factors in determining household participation in the debt market, after controlling for such traditional economic predictors as age, level of education, income, wealth, and work status. A sample of 445 Caucasian subjects selected among...