IDEAS home Printed from https://ideas.repec.org/h/spr/csrchp/978-3-319-70007-6_12.html
   My bibliography  Save this book chapter

Italian Banks’ Ownership, Governance and Performance: The Evolving Role of Foundations

In: Corporate Governance in Banking and Investor Protection

Author

Listed:
  • Giuliana Birindelli

    (“G. d’Annunzio” University of Chieti-Pescara)

  • Paola Ferretti

    (University of Pisa)

Abstract

The privatization and modernization process of the Italian banking system, started in the 1990s, was helped also by the setting up of the Banking Foundations. Indeed, they initially supported Italian banks in the process of consolidation and more recently in the process of recapitalisation, as a consequent need of the crisis. The role played by the foundations in banks’ ownership therefore has always been crucial. Accordingly, they exerted (and still exert) a profound impact on banks’ governance and performance and ultimately on the financial market. This chapter aims at analysing the trend of the foundations’ share in the capital of the Italian banks, also considering the evolution of the regulatory framework. Our principal goal is to highlight whether their shareholding contributes to the improvement of the stability, governance and profitability of the Italian banks.

Suggested Citation

  • Giuliana Birindelli & Paola Ferretti, 2018. "Italian Banks’ Ownership, Governance and Performance: The Evolving Role of Foundations," CSR, Sustainability, Ethics & Governance, in: Belén Díaz Díaz & Samuel O. Idowu & Philip Molyneux (ed.), Corporate Governance in Banking and Investor Protection, chapter 0, pages 255-270, Springer.
    • Handle: RePEc:spr:csrchp:978-3-319-70007-6_12
    DOI: 10.1007/978-3-319-70007-6_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    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:spr:csrchp:978-3-319-70007-6_12. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.