IDEAS home Printed from https://ideas.repec.org/a/mul/jqyfkm/doi10.1432-75847y2013i3p499-540.html
   My bibliography  Save this article

How to Improve the Efficiency of Mutual Guarantee Institutions: an Analysis of the Economic and Institutional Profile of "Confidi Maggiori" in Southern Italy

Author

Listed:
  • S. Dell'Atti
  • G. Mazzarelli
  • S. Sylos Labini

Abstract

The aim of this paper is twofold. Firstly, we provide an analysis of the capital as well as of the financial and economic profile of mutual guarantee institutions of Southern Italy in order to observe the business dynamics during the transformation into regulated intermediaries. For this purpose, we have examined the balance sheets of the thirteen "Confidi maggiori" of Southern Italy with reference to the period 2009-2011 and compared them with the selected benchmark, i.e. Eurofidi. Secondly, starting from an examination of the statutes of the thirteen "Confidi maggiori", we have developed some considerations about the relationship etween the institutional aspects and the efficiency of these mutual guarantee institutions. Finally, the paper suggests some proposals on how the main aspects of the statutory provisions should be regulated in order to contribute to an improvement in operational efficiency of mutual guarantee institutions.

Suggested Citation

  • S. Dell'Atti & G. Mazzarelli & S. Sylos Labini, 2013. "How to Improve the Efficiency of Mutual Guarantee Institutions: an Analysis of the Economic and Institutional Profile of "Confidi Maggiori" in Southern Italy," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3, pages 499-540.
  • Handle: RePEc:mul:jqyfkm:doi:10.1432/75847:y:2013:i:3:p:499-540
    as

    Download full text from publisher

    File URL: https://www.rivisteweb.it/download/article/10.1432/75847
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://www.rivisteweb.it/doi/10.1432/75847
    Download Restriction: no
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. F. Amaturo & L. Giordano & C. Petraglia, 2009. "Credit constraints for SMEs in the Italian Mezzogiorno: which role for Mutual Loan-Guarantee Consortia?," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 1-2, pages 27-70.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      Credit Market; Confidi; Regulation and Business Law. JEL Classification: G21; G30; K20.;
      All these keywords.

      JEL classification:

      • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
      • G30 - Financial Economics - - Corporate Finance and Governance - - - General

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mul:jqyfkm:doi:10.1432/75847:y:2013:i:3:p:499-540. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.rivisteweb.it/ .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.