This paper focuses on the nature of syndicate agreements in banks listed on the Italian Electronic Stock Exchange Market. The main aim is to supply evidence on their structure (and their underlying objectives) on the basis of the mandatory information that must be supplied to Consob (National Commission for Corporations and Stock Exchange responsible for regulating the Italian securities market.) and then made available to the public. For the purposes of our analysis, of particular importance is the range of motivation underlying these agreements deductible from the typology of characterizing clauses and taking into account the nature of the parties to the agreement and their specific importance. The emerging situation has to be interpreted in the light of a context in drastic change, also in consequence of the long duration of the world crisis and of the repercussion on the needs of recapitalization of the banks. All this has redefined the limits and the composition of share ownership with repercussions for the same control groups.

Syndicate agreements in Italian banks: Evidence from banks listed in the Italian electronic stock exchange market and emerging issues / Ecchia, Bruna; R., Visconti. - VOLUME 9, NUMBER 4, 2012, ISSN 1547-4836:(2012), pp. 42-63. (Intervento presentato al convegno IABPAD The International Academy of Business and Public Administration Disciplines Conference Las Vegas, Nevada October 25-28, 2012 tenutosi a Las Vegas, Nevada nel October 25-28, 2012).

Syndicate agreements in Italian banks: Evidence from banks listed in the Italian electronic stock exchange market and emerging issues

ECCHIA, BRUNA;
2012

Abstract

This paper focuses on the nature of syndicate agreements in banks listed on the Italian Electronic Stock Exchange Market. The main aim is to supply evidence on their structure (and their underlying objectives) on the basis of the mandatory information that must be supplied to Consob (National Commission for Corporations and Stock Exchange responsible for regulating the Italian securities market.) and then made available to the public. For the purposes of our analysis, of particular importance is the range of motivation underlying these agreements deductible from the typology of characterizing clauses and taking into account the nature of the parties to the agreement and their specific importance. The emerging situation has to be interpreted in the light of a context in drastic change, also in consequence of the long duration of the world crisis and of the repercussion on the needs of recapitalization of the banks. All this has redefined the limits and the composition of share ownership with repercussions for the same control groups.
2012
Syndicate agreements in Italian banks: Evidence from banks listed in the Italian electronic stock exchange market and emerging issues / Ecchia, Bruna; R., Visconti. - VOLUME 9, NUMBER 4, 2012, ISSN 1547-4836:(2012), pp. 42-63. (Intervento presentato al convegno IABPAD The International Academy of Business and Public Administration Disciplines Conference Las Vegas, Nevada October 25-28, 2012 tenutosi a Las Vegas, Nevada nel October 25-28, 2012).
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11588/517168
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