Suchergebnisse

The current financial crisis started from the US real estate market and after, though the increase of risk premium requested by investors and due to the lack of liquidity of all financial markets, it became a world financial crisis. A detailed analysis during the crisis focuses attention on asset management, the real estate and public sector

Introduction -- Governance is not at issue, or is it? -- Boards of directors in troubled waters : enhancing the survival chances of distressed firms / Gianpaolo Abatecola, Vincenzo Farina, and Niccolò Gordini -- Can interlocking directorates be good? : insight from problem loans in Italian listed banks / Marina Brogi and Valeria Stefanelli -- Corporate governance and bank performance in Italy / Candida Bussoli -- Does governance structure affect insurance risk-taking? / Antonio Meles and Maria Grazia Starita -- The advantages of board diversity : an empirical analysis of the Italian market / Paola Schwizer, Maria-Gaia Soana, and Doriana Cucinelli -- New tasks of information in credit quality assessment -- Can peer monitoring improve loans quality? : empirical evidence from Italian cooperative banks / Vittorio Boscia, Matteo Cotugno, and Valeria Stefanelli -- Loan selection and access to contractual information / Massimo Caratelli and Ornella Ricci -- The impact of discount rate choice in estimating the workout LGD for corporate and retail portfolios / Lucia Gibilaro And Gianluca Mattarocci -- Does relationship lending alleviate the credit crunch? / Stefano Monferrà and Gabriele Sampagnaro -- Credit quality and economic development in China / Loris Nadotti, Manuela Gallo, and Valeria Vannoni -- Financial education online : does it work? / Gianni Nicolini -- Competition and efficiency : do they still work in addressing performance? : too small to be compliant? : size and scale economies in the compliance cost structure of Italian banks / Simona Cosma, Gianfausto Salvadori, and Paola Schwizer -- intellectual capital and bank Performance : key issues related to intellectual capital disclosure / Gimede Gigante and Daniele Previati -- Discussing value relevance of earnings and book value : evidence from the Italian context / Alessandro Giosi, Emiliano Di Carlo, and Bianca Staglianò -- Determinants of local banks' performance an overview / Elvira anna Graziano -- Activity based costing in banking : reasons for the use and perceived usefulness by Italian banks / Alessandro Montrone and Antares Dachille -- The relationship between corporate reputation and risk in financial intermediaries / Maria-Gaia Soana and Paola Schwizer -- The evolution of competition in EU-15 banking market / Francesco Saverio Stentella Lopez

This collection considers the financial crisis from a managerial perspective, focussing on the business implications for the financial industry. Topics examined include governance, information needs and strategy of financial intermediaries and investors. The contributions build on the existing literature and present some unique insights on governance, credit quality evaluation and performance measurement. In a fast growing or steady market, it is possible for even an inefficient financial system to satisfy investors' and firms' needs. However, the current financial crisis has brought.

This book explores risk culture in banks following the financial crisis. It analyses the role of national and institutional risk culture, market competitiveness, organisational systems and institutional practices that led to a weakening of risk culture in financial institutions leading up to the financial crisis. It addresses how to assess and measure risk culture, and analyse the impact on performance and reputation. Finally it explores the impact of regulation and a variety of tools that can be applied from the board down to promote a healthy risk culture in the governance of financial institutions internal controls and risk culture in banks.--