The study analyzes the relationship between the board diversity and some profiles of the operating performance of BoD.The research is based on a sample of 237 Italian listed firms during the period 2007-2009.The results show a positive relationship between the monitoring activity and the...

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...

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...

This paper examines the determinants of shareholder value creation for a large sample of European banks. By using a panel data model, we find that bank profits and shareholder value are positively influenced by cost and profit efficiency, operational risk exposure, unexpected credit losses and...