Facebook  Twitter  LinkedIn 
Newsletter
Aggiungi ai Preferiti / Condividi

Rassegna stampa

02/01/2011

International conference

Business Models, Ownership Structure and Corporate Governance in Investment Banking Industry: Theory and Evidences

This study is based on the premise that it  is chiefly larger enterprises that require investment banking services, due to their complexity, the difficult scenarios in which they must operate and the crucial nature of the strategic challenges they must face. Accordingly, in this paper we have subjected to empirical verification the hypothesis that the type of ownership structures of larger enterprises, on the one hand, and the quality of their governance on the other are correlated with the demand for specific investment banking services. In this sense, an original feature of this reseach is the attempt we have made to build a proxy for the propensity of enterprises to request investment banking services, with reference to an extended definition of investment banking. Next, we sought to verify whether the services examined foster the obtainment of better performance results. Given the relevance of the needs met by such services in the context of the management of major business enterprises, we wanted to ascertain whether companies characterised by greater probability of recourse to investment banking services showed better income performance. The empirical analysis performed on a sample of 150 enterprises showed that the analysis model based on the adoption of the investment banking propensity indicator is significant with reference to the ownership and governance variables. More efficient ownership and governance configurations are associated with increased propensity for investment banking. However, no conclusive and univocal conclusions can be drawn with regard to the relationship between investment banking propensity and performance. In this regard, it is possible to assume that the results derived from the performance of investment banking operations only become evident in the medium term. In any case, this paper constitutes a first step towards the systematisation of a theory of investment banking, interpreted in a wider sense than that is most commonly employed and independently of the specific business models or legal forms of financial intermediaries that perform or have performed such activities.

(01/01/2016
)

International conference - “Investment Banks and M&A Deals: An Empirical Analysis ", Giovannini R., Capizzi V., 18th EBES Conference

(01/06/2015
)

Articoli su Journal - “Il ruolo dell’Investment Banking nelle operazioni di M&A: evidenze empiriche pre e post Lehman”, Capizzi V., Giovannini R., Forum, Bancaria Editrice, (VOL.6) , (ISSN) 0005-46-23

He paper analyzes the relationship between the reputation of Investment banks and the quality of services they offer as advisors in M&A operations. It outlines that markets trust M&A operations assisted by leading international advisors and that, in the p
(03/12/2014
)

Articoli su Journal - “The Role of Investment Banking in M&A Operations: Empiric Pre and Post Lehman Evidence”, Giovannini R., Capizzi V.,International Finance and Banking, December 2014

“The Role of Investment Banking in M&A Operations: Empiric Pre and Post Lehman Evidence”, Giovannini R., Capizzi V., International Finance and Banking, (Vol. 1 No. 2) (ISSN) 2374-2089, December 2014
(02/12/2014
)

Libri - Case Study: il Concordato preventivo post riforma della Legge Fallimentare, EGEA, 2014

Case Study: Concordato preventivo post riforma della Legge Fallimentare”, Giovannini R., in “Crisi d'impresa e ristrutturazione del debito: procedure, attori, best practices”, (ISBN/EAN): 978 882 383 4521, EGEA, 2014.
(01/12/2014
)

Libri - Crisi d'impresa e ristrutturazione del debito: procedure, attori, best practices

Il turnaround plan nell’ambito delle procedure in continuità: il piano industriale e la manovra fnanziaria”, pag. 107-168, Giovannini R., Cafaro A., EGEA, 2014
(01/06/2014
)

Articoli su Journal - “Investment Banking and Certification Effect in M&A Deals: an empirical analysis”, Giovannini R., Capizzi V., 13th EBES Conference, 2014

“Investment Banking and Certification Effect in M&A Deals: an empirical analysis”, 13th EBES Conference, (ISBN) 978-605-64002-6-1, Bilgi University, Istanbul, June 2014;
(01/01/2014
)

International conference - Risk and Perils in LBO transactions”, Capizzi V., Giovannini R., Pesic V., 23rd (EFMA)

“Risk and Perils in LBO transactions”, Capizzi V., Giovannini R., Pesic V., 23rd (EFMA) European Financial Management Association Conference, (reference 0376), University of Rome Tor Vergata, Faculty of Economics, Rome Italy, June 25-28, 2014
(01/09/2013
)

International conference - “Il ruolo dell'investment Banking nelle operazioni di M&A: evidenze empiriche pre e post Lehman”, Capizzi V., Giovannini R., Italian Academy of Management (AIDEA 2013), Lecce

Italian Academy of Management (AIDEA 2013), Lecce, “Il ruolo dell Invetsment Banking nelle operazioni di M&A: evidenze empiriche pre e post Lehman”
(01/12/2012
)

Articoli su Journal - “Il contributo del private equity per la ristrutturazione delle imprese: evidenze dalle operazioni di delisting”, Caselli S., Capizzi V., Giovannini R., Pesic V., Bancaria Editrice, 2012

“Il contributo del private equity per la ristrutturazione delle imprese: evidenze dalle operazioni di delisting”, Caselli S., Capizzi V., Giovannini R., Pesic V., (Vol.12), (ISSN) 0005-46-23, Forum, Bancaria Editrice, 2012
(02/05/2012
)

International conference - Corporate Restructuring, Leveraged Buyout and Voluntary Delisting: a Wisdom of Opportunities for Private Equity Investments

IFABS International Conference, Valencia, 2012, Spain. Giovannini R. Capizzi V., Pesic V
(01/09/2011
)

International conference - The Role Of Private Equity For Firms Restructuring: The Going Private Strategy

IFABS International Conference, Roma Tre, 2011, Italy
(01/01/2011
)

Libri - Business Angels e Informal Venture Capital in Italia. Bancaria Editrice. N.106

Capizzi V. e Giovannini R.
(01/01/2011
)

Articoli su Journal - CORPORATE GOVERNANCE, FAMILY OWNERSHIP AND PERFORMANCE. Journal of Management and Governance. Vol 14, N.2

Renato Giovannini
(12/11/2010
)

Articoli su Journal - Investment Banking Services: Ownership Structures, Financial Advisory and Corporate Governance Models. International Journal of Business Administration, November 2010

Giovannini R.,Capizzi V.
(30/11/2004
)

Libri - La gestione del Venture Capital e dell'early stage financing. Bancaria Editrice. n.46.

Renato Giovannini
(01/01/2003
)

Libri - Finanza e Gestione nel Venture Capital. Edizioni Kappa

R. Giovannini