Abstract
This review covers the book titled “CHALLENGES AND OPPORTUNITIES IN ITALIAN CORPORATE GOVERNANCE”, which was written by Salvatore Esposito De Falco, Federico Alvino, Nicola Cucari, Luigi Lepore (Virtus Interpress, 2019; ISBN: 978-617-7309-07-8). The review shortly outlines the structure of the book, pays attention to its strong sides and issues that will be, by the reviewer’s point of view, most interesting for the reader.
Highlights
“Challenges and Opportunities in Italian Corporate Governance” is a picture of corporate governance mainly but not exclusively in Italy in 2019
We provide an excellent review of recent board of directors practices in Italy and contributes to the previous papers related to international context by Caserio and Trucco (2019), Basuony and Mohamed (2014), Meier and Meier (2013), Guerra, Fischmann, and Machado Filho (2008), Kostyuk, Koverga, and Kostyuk (2006), Davidson and Rowe (2004), who altogether concluded that the evidence that board composition influences financial performance is not very strong and depends on the definitions of financial performance and board composition as well as the type of statistical model employed
A case study about governance reform and financial performance of the public Italian port system is the topic of the second chapter which shows no real expected effects on financial performance because the bureaucratic approach continues to prevail which is coherent with the famous quote from the late Prime minister Andreotti who explained that there are 2 manners of going absolutely disordered: thinking to be like Napoleon and launching a reform of the Italian railways system
Summary
“Challenges and Opportunities in Italian Corporate Governance” is a picture of corporate governance mainly but not exclusively in Italy in 2019. Book review: “Challenges and opportunities in Italian corporate governance”.
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
