Financial systems in troubled waters : information, strategies, and governance to enhance performances in risky times / / edited by Alessandro Carretta and Gianluca Mattarocci

• Record Nr.: UNINA9910953929503321
• Pubbl/distr/stampa: New York, N.Y. : , : Routledge, , 2013
• ISBN: 0-203-10079-4; 1-136-23224-9
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (393 p.)
• Collana: Routledge International Studies in Money and Banking ; ; 73
• Altri autori (Persone): CarrettaAlessandro; MattarocciGianluca
• Disciplina: 332.10945
• Soggetti: Banks and banking - Italy; Financial institutions - Italy; Business cycles - Italy; Corporate culture - Italy
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references at the end of each chapters and index.
• Nota di contenuto: Cover; Title; Copyright; Contents; List of figures; List of tables; List of contributors; Preface; Introduction; PART I Governance is not at issue, or is it?; 1 Boards of directors in troubled waters! Enhancing the survival chances of distressed firms; 2 Can interlocking directorates be good? Insight from problem loans in Italian listed banks; 3 Corporate governance and bank performance in Italy; 4 Does governance structure affect insurance risk-taking?; 5 The advantages of board diversity: an empirical analysis of the Italian market; PART II New roles in credit quality assessment; 6 Can peer monitoring improve loan quality? Empirical evidence from Italian cooperative banks7 Loan selection and access to contractual information; 8 The impact of discount rate choice in estimating the workout LGD for corporate and retail portfolios; 9 Does relationship lending alleviate the credit crunch?; 10 Credit quality and economic development in China; 11 Financial education online: does it work?; PART III Competition and efficiency: do they still work in addressing ; performance?; 12 Too small to be compliant?: size and scale economies in the compliance cost structure of Italian banks; 13 Intellectual capital and bank performance: key issues related to intellectual capital disclosure14 Discussing the value relevance of earnings and book value: evidence from the Italian context; 15 Determinants of local banks' performance: an overview; 16 Activity based costing in banking: reasons for the use and perceived usefulness by Italian banks; 17 The relationship between corporate reputation and risk in financial intermediaries; 18 The evolution of competition in the EU-15 banking market; Index
• Sommario/riassunto: 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