Italy

History of Corporate Ownership in Italy

Institutional Investor Stewardship in Italian Corporate Governance

In spite of the highly concentrated ownership of listed companies, Italy is one of the countries in which institutional investors are on the rise and are...

Shares' Allocation and Claw Back Clauses in Italian IPOs

Do Market Abuse Rules Violate Human Rights? The Grande Stevens v. Italy Case

The 2014 decision of the European Court of Human Rights in the case ?Grande Stevens and Others v. Italy? raises numerous complex issues concerning the...

Bolstering Family Control: Evidence from Loyalty Shares

We study the introduction of a new control-enhancing mechanism in Italy, a country characterized by family-controlled firms and growing...

Italian Corporate Governance in the Last 15 Years: from Pyramids to Coalitions?

Institutional Investor Activism in a Context of Concentrated Ownership and High Private Benefits of Control: the Case of Italy

This is a draft chapter for a forthcoming volume, The Research Handbook on Shareholder Power, edited by Randall Thomas and Jennifer Hill...

Enforcing Rules on Related Party Transactions in Italy: One Securities Regulator’s Challenge

In the wake of the corporate scandals of the early 2000s, Italian policymakers tackled tunnelling via related party transactions (RPTs) by enacting a...

Ownership, Control and Shareholder Value in Italy: Olivetti's Hostile Takeover of Telecom Italia

Efficiency of Share-Voting Systems: Report on Italy

Market Soundings: The Interaction between Securities Regulation and Company Law in the United Kingdom and Italy

Before deciding on operations involving share issuance or sale, companies or shareholders may seek to disclose information to selected investors, in...

Equity Prices and the Risk of Expropriation: an Analysis of the Italian Stock Market