Supply Chain Finance is as a portfolio of financing and risk mitigation practices and techniques to optimize the management of the working capital and liquidity invested in supply chain processes and transactions. SCF techniques existing on the market can be divided into three categories:...

A sound bank resolution regime is crucial for ensuring long term financial stability and reducing the potential public cost of possible future financial crises. The Eu crisis management framework provides arrangements for restructuring a credit institution, in order to ensure the continuity of...

Our study shows that the ownership of private equity funds influences the investments' performances. Our analysis focuses on the universe of PE investments, made by Italian closed-end funds, from 1999 to 2005. We find that bank-owned funds are able to carry into effect a weaker monitoring of the...

This study demonstrates that the ownership of private equity (PE) funds influences investment performance. The analysis focuses on the universe of PE investments made by Italian closed-end funds from 1999 to 2005. We find that bank-owned funds generally engage in weaker monitoring of the firms...

The estimate of the probability of default plays a central role for any financial entity that wants to have an overview of the risks of insolvency it may incur by having economic relations with counterparties. This study aims to analyze the calculation of such measure in the context of...

[abstract missing - contribution appeared in the programme]

From the beginning of the global financial downturn, the observation of residential mortgage market drivers has been focused in investigating the role in triggering the world crisis. Today, we want to analyze how the residential mortgage market could support the upturn and, consequently, how it...

Many indicators have been developed at international level to evaluate the quality of corporate governance. In this paper, the fundamental elements and limitations of existing indicators are discussed. Among these indicators, particular attention has been focused on the Gim Index, an index...

This research analyzes the relevance of pricing models to the behaviour of banking service customers, in particular, how bank pricing models influence the acquisition and retention of retail customers.The survey is based on a dataset of 90,000 bank current account holders at an Italian...

Over the past two decades the banking industry has undergone profound changes; these have affected not only the performance of banks themselves, but also the overall structure of the relationships that constitute their organization and allow them to exist and do business. In this perspective, it...