L’Efficacia Operativa Delle Fondazioni Di Origine Bancaria Italiane: Un’Analisi Empirica (The Operational Effectiveness of the Italian Banking Foundations: An Empirical Analysis)

30 Pages Posted: 12 Aug 2015

See all articles by Giovanni Ferri

Giovanni Ferri

LUMSA University

Mariantonietta Intonti

Università di Bari "Aldo Moro"

Calia Cinzia

University of Bari

Isabella Cosmai

Almaviva SpA

Date Written: August 11, 2015

Abstract

Italian Abstract: Partendo dalla missione delle fondazioni di origine bancaria (FOB), frutto delle privatizzazioni delle banche pubbliche italiane avviate nel 1990, si valuta la qualità dell’operato di tali enti, applicando un modello d’analisi che ne considera attività filantropica, attività d’investimento delle risorse derivanti dalla dismissione totale o parziale delle partecipazioni nelle ex banche pubbliche (banche conferitarie), governance e trasparenza. I risultati sono sintetizzati con un rating qualitativo. Ne emerge un quadro variegato, con evidenti margini di miglioramento dell’efficacia dell’attività delle fondazioni di origine bancaria a vantaggio dei territori di riferimento, ma anche con comportamenti finora attuati nel complesso apprezzabili e sostenibili.

English Abstract: Starting from the mission of Italian banking foundations (FOB), generated from the process of privatization of the Italian public banks, started in 1990, the quality of the work of these institutions has been assessed. To this aim, a model of analysis was applied, considering philanthropic activities, investment of resources gathered from the sale of all or part of the investments in the former public banks, governance and disclosure. Kay findings are summarized in a qualitative rating. A mixed picture emerges, with a clear room for improvement of the effectiveness of Italian banking foundations in favour of local communities, but also with already adopted behaviours so far generally appreciable and sustainable.

Note: Downloadable document is in Italian.

Keywords: Italian banking foundations; Privatization of the Italian public banks; Content analysis; Documental analysis; Mission related investment

JEL Classification: L31; L33; M14; G23

Suggested Citation

Ferri, Giovanni and Intonti, Mariantonietta and Cinzia, Calia and Cosmai, Isabella, L’Efficacia Operativa Delle Fondazioni Di Origine Bancaria Italiane: Un’Analisi Empirica (The Operational Effectiveness of the Italian Banking Foundations: An Empirical Analysis) (August 11, 2015). Euricse Working Papers, 79|15. Available at SSRN: https://ssrn.com/abstract=2640521 or http://dx.doi.org/10.2139/ssrn.2640521

Giovanni Ferri

LUMSA University ( email )

Via della Traspontina
Roma, Rome 00192
Italy

HOME PAGE: http://www.lumsa.it/giovanni-ferri

Mariantonietta Intonti (Contact Author)

Università di Bari "Aldo Moro" ( email )

via Camillo Rosalba, 53
Bari, 70124
Italy

Calia Cinzia

University of Bari ( email )

Piazza Umberto I
Bari, 70121
Italy

Isabella Cosmai

Almaviva SpA ( email )

Via di Casal Boccone, 188-190
Roma
Roma, Roma 00137
Italy

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