• Home
• About us
• News
• A collection of empirical and research papers on corporate governance in Italy (Updated January 13, 2025)

A collection of empirical and research papers on corporate governance in Italy (Updated January 13, 2025)

The editorial team of the Publishing House “Virtus Interpress” has updated the collection of empirical and research papers published in the Corporate Ownership and Control journal during last few years devoted to the questions of corporate governance in Italy.

We hope that the below-mentioned collection of papers will be useful for those scholars pursuing research in the field of corporate governance (specifically Italian issues):

1. Greco, A. M., & Messina, M. (2024). Characteristics of Italian firms in the judicial administration: Can financial ratios be red flags of criminal infiltrations? [Special issue]. Corporate Ownership & Control, 21(3), 116–132. https://doi.org/10.22495/cocv21i3siart10
2. Provasi, R. (2024). The gender pay gap (GPG): Evidence and comparisons between the Italian and UK pay systems [Special issue]. Corporate Ownership & Control, 21(3), 83–92. https://doi.org/10.22495/cocv21i3siart7
3. Ricapito, F. P. (2024). Earnings management and ESG performance: Empirical evidence from Italian context. Corporate Ownership & Control, 21(2), 86–101. https://doi.org/10.22495/cocv21i2art7
4. D’Este, C., Galavotti, I., & Carabelli, M. (2023). Goodwill reporting in corporate acquisitions: The effects of managerial discretion under the new accounting rules. Corporate Ownership & Control, 20(4), 72–83. https://doi.org/10.22495/cocv20i4art5
5. Sorano, E., Rizzi, A., Giovando, G., & Sardi, A. (2023). In-house award of concession contracts: Assessment of economic and social adequacy. Corporate Ownership & Control, 20(3), 205–220. https://doi.org/10.22495/cocv20i3art13
6. Tibiletti, V., Marchini, P. L., Bertacchini, F., & Magri, C. (2022). Facing economic and business complexity: An analysis of the evolving features of the board of directors’ meetings in Italy. Corporate Ownership & Control, 19(4), 172–180. https://doi.org/10.22495/cocv19i4art15
7. Giovando, G. (2022). Governance responsibility in Italy to monitor corporate performance. Corporate Ownership & Control, 19(4), 153–162. https://doi.org/10.22495/cocv19i4art13
8. Galavotti, I., & D’Este, C. (2022). When are family firms more likely to make acquisitions? A behavioural agency approach to the role of family involvement. Corporate Ownership & Control, 19(4), 129–140. https://doi.org/10.22495/cocv19i4art11
9. Poli, F. (2022). Ownership dispersion and performance in cooperative banking. Corporate Ownership & Control, 19(4), 111–128. https://doi.org/10.22495/cocv19i4art10
10. Morrone, C., Bianchi, M. T., Marsocci, V., & Faioli, D. (2022). Board diversity and firm performance: An empirical analysis of Italian small-medium enterprises. Corporate Ownership & Control, 19(3), 8–24. https://doi.org/10.22495/cocv19i3art1
11. Gelmini, L., & Vola, P. (2022). Corporate governance disclosure in Italy in the context of climate change. Corporate Ownership & Control, 19(2), 81–92. https://doi.org/10.22495/cocv19i2art7
12. Di Carlo, E. (2021). Assessing conflict of interest in organizations. Corporate Ownership & Control, 18(4), 102–116. https://doi.org/10.22495/cocv18i4art8
13. Cecchi, M. (2021). To be better to be equal: In search of gender-based performance effects in financial statements of Italian unlisted company boards. Corporate Ownership & Control, 18(4), 90–101. https://doi.org/10.22495/cocv18i4art7
14. Cesario, G., & Gigante, G. (2021). What drives investment decisions on equity stake in private equity? The Italian case before and after the great financial crisis [Special issue]. Corporate Ownership & Control, 18(3), 224–240. https://doi.org/10.22495/cocv18i3siart1
15. Gelmini, L., & Vola, P. (2021). Integrated reporting and environmental disclosure: Is natural capital neglected? Corporate Ownership & Control, 18(2), 131-139. https://doi.org/10.22495/cocv18i2art10
16. Bruno, E., & Iacoviello, G. (2020). Corporate governance and performance: A study of the reform of cooperative credit system in Italy [Special issue]. Corporate Ownership & Control, 18(1), 370-381. https://doi.org/10.22495/cocv18i1siart11
17. Longo, M. A., & Tenuta, P. (2020). Environmental, economic and socio-institutional context of the sustainability index: Evidence from Italy [Special issue]. Corporate Ownership & Control, 18(1), 355-369. https://doi.org/10.22495/cocv18i1siart10
18. Rainero, C., Migliavacca, A., & Coda, R. (2020). Accounting for pandemics and economic crises management: Moral hazard, blockchain, and smart-contracts [Special issue]. Corporate Ownership & Control, 18(1), 301-309. https://doi.org/10.22495/cocv18i1siart6
19. Martiniello, L., Marcello, R., & Savio, R. (2020). The role of guarantees to access financial markets: A study of Italian companies [Special issue]. Corporate Ownership & Control, 18(1), 292-300. https://doi.org/10.22495/cocv18i1siart5
20. Vitolla, F., Marrone, A., & Raimo, N. (2020). Integrated reporting and integrated thinking: A case study analysis [Special issue]. Corporate Ownership & Control, 18(1), 281-291. https://doi.org/10.22495/cocv18i1siart4
21. Dallocchio, M., Ferri, S., Tron, A., & Vizzaccaro, M. (2020). The use of Z-Score to predict UTP loans. Corporate Ownership & Control, 18(1), 163-178. https://doi.org/10.22495/cocv18i1art13
22. Moro-Visconti, R., Quirici, M. C., & Borroni, M. (2020). Matching financial closeness with social distancing: Networking digital platforms within a corporate governance ecosystem. Corporate Ownership & Control, 18(1), 96-109. https://doi.org/10.22495/cocv18i1art8
23. Rainero, C., & Modarelli, G. (2020). CSR for emergencies: The two concepts of accountability. Corporate Ownership & Control, 18(1), 78-95. https://doi.org/10.22495/cocv18i1art7
24. Vagnoni, E., Oppi, C., & Cavicchi, C. (2020). Ownership structure and financial performance: A study of the Italian retail pharmacies. Corporate Ownership & Control, 18(1), 22-33. https://doi.org/10.22495/cocv18i1art2
25. Casciello, R., & Meucci, F. (2020). Complexity to downplay complexity: Implications of ERM logics for the Italian NHS [Special issue]. Corporate Ownership & Control, 17(4), 369-376. https://doi.org/10.22495/cocv17i4siart13
26. Sicoli, G., Bronzetti, G., Ippolito, D., & Leonetti, G. (2020). Gender diversity and governance: Analysis of Italian listed companies [Special issue]. Corporate Ownership & Control, 17(4), 329-338. https://doi.org/10.22495/cocv17i4siart10
27. Celentano, A., Lepore, L., Pisano, S., D’Amore, G., & Alvino, F. (2020). The joint effect of board independence and CSR committee on CSR disclosure: Evidence from Italian listed companies [Special issue]. Corporate Ownership & Control, 17(4), 319-328. https://doi.org/10.22495/cocv17i4siart9
28. Arnaboldi, F., & Capizzi, V. (2020). European deposit insurance scheme and bank board composition [Special issue]. Corporate Ownership & Control, 17(4), 246-256. https://doi.org/10.22495/cocv17i4siart3
29. Rey, A., Tuccillo, D., & Roberto, F. (2020). Earnings management and debt maturity: Evidence from Italy. Corporate Ownership & Control, 17(3), 179-186. https://doi.org/10.22495/cocv17i3art14
30. Fortuna, F., Ciaburri, M., Testarmata, S., & Tiscini, R. (2020). CSR reporting and ownership structure: Evidence from Italian listed companies. Corporate Ownership & Control, 17(3), 146-157. https://doi.org/10.22495/cocv17i3art11
31. Quarato, F., Pini, M., & Positano, E. (2020). The impact of digitalization on the internationalization propensity of Italian family firms. Corporate Ownership & Control, 17(3), 92-107. https://doi.org/10.22495/cocv17i3art7
32. Ferri, S., Tron, A., Fiume, R., & Della Corte, G. (2020). The relation between cash flows and economic performance in the digital age: An empirical analysis. Corporate Ownership & Control, 17(3), 84-91. https://doi.org/10.22495/cocv17i3art6
33. Gallucci, C., Santulli, R., & Tipaldi, R. (2020). Women on bank boards and risk-taking: A cross-countries analysis on the moderating role of masculinity. Corporate Ownership & Control, 17(3), 71-83. https://doi.org/10.22495/cocv17i3art5
34. di Donato, F., & Nieddu, L. (2020). Corporate failure: Bankruptcy prediction for Italian SMEs based on a longitudinal case study from 2000 to 2011. Corporate Ownership & Control, 17(3), 27-33. https://doi.org/10.22495/cocv17i3art2
35. Mantovani, G. M., & Moscato, G. (2020). Shareholder composition, corporate governance and their monitoring effects on firm performance. Corporate Ownership & Control, 17(2), 165-182. https://doi.org/10.22495/cocv17i2art14
36. Nigri, G., Del Baldo, M., & Agulini, A. (2020). Integrated sustainable performance management systems: A case study on Italian benefit corporations. Corporate Ownership & Control, 17(2), 65-76. https://doi.org/10.22495/cocv17i2art6
37. Allini, A., Ferri, L., Maffei, M., & Zampella, A. (2020). Determinants of financial instruments risk disclosure: An empirical analysis in the banking sector. Corporate Ownership & Control, 17(2), 20-31. https://doi.org/10.22495/cocv17i2art2
38. Zambelli, S. (2019). Recent challenges of LBOs in Italy and institutional insights: The devil lies in the details [Special issue]. Corporate Ownership & Control, 17(1), 360-367. https://doi.org/10.22495/cocv17i1siart16
39. Grimaldi, F. (2019). The relationship between financial crisis and earnings management: Some evidence from the Italian context [Special issue]. Corporate Ownership & Control, 17(1), 325-335. https://doi.org/10.22495/cocv17i1siart13
40. Bozzi, S., Belcredi, M. (2019). Remuneration of independent directors: Determinants and policy implications [Special issue]. Corporate Ownership & Control, 17(1), 278-291. https://doi.org/10.22495/cocv17i1siart10
41. La Rocca, M., Fasano, F., & Napoli, G. M. (2019). Alitalia airline: A business case of bad corporate governance [Special issue]. Corporate Ownership & Control, 17(1), 264-277. https://doi.org/10.22495/cocv17i1siart9
42. Rotili, M., Giosi, A., & Ceccobelli, G. (2019). Accounting rules and value relevance: A new perspective from the Italian market [Special issue]. Corporate Ownership & Control, 17(1), 255-263. https://doi.org/10.22495/cocv17i1siart8
43. Fiandrino, S., Rizzato, F., Busso, D., & Devalle, A. (2019). The effect of ownership concentration on non-financial information mandatory disclosure: Evidence from Italy. Corporate Ownership & Control, 17(1), 79-94. https://doi.org/10.22495/cocv17i1art8
44. Riva, P., & Provasi, R. (2019). Evidence of the Italian special purpose acquisition company. Corporate Ownership & Control, 16(4), 66-76. https://doi.org/10.22495/cocv16i4art6
45. Romano M., Taliento M., Favino C., & Netti A. (2019). Firm characteristics and forward-looking risk disclosure: Evidence from the Italian context. Corporate Ownership & Control, 16(4), 56-65. https://doi.org/10.22495/cocv16i4art5
46. Gromis di Trana, M., & Alfiero, S. (2019). The role of the ISA 570 “Adverse key financial ratios” in going concern assessment in Italy. Corporate Ownership & Control, 16(4), 8-18. https://doi.org/10.22495/cocv16i4art1
47. Fera, P. (2019). The effectiveness of the matching principle in different financial reporting systems and its impact on the quality of earnings. Corporate Ownership & Control, 16(3), 129-142. https://doi.org/10.22495/cocv16i3art11
48. Angelini, M. S., Gennaro, A., & Giovannini, R. (2019). Financial policy of Italian SMEs: The impact of mini-bond. Corporate Ownership & Control, 16(3), 113-128. https://doi.org/10.22495/cocv16i3art10
49. Riva, P., & Comoli, M. (2019). The impact of the new Italian Early Warning System Provided by the IC-Code on family SMEs governance. Corporate Ownership & Control, 16(3), 64-72. https://doi.org/10.22495/cocv16i3art6
50. De Luca, F., & Paolone, F. (2019). The impact of the financial crisis on earnings management: Empirical evidence from Italian and Spanish listed companies. Corporate Ownership & Control, 16(2), 121-130. https://doi.org/10.22495/cocv16i2art12
51. Regoliosi, C., & Martino, D. (2019). A study of the interactions between internal audit function and external auditors in Italy. Corporate Ownership & Control, 16(2), 38-47. https://doi.org/10.22495/cocv16i2art4
52. Napoli, F. (2019). Measuring the efficacy of board governance: Empirical evidence from Italian publicly listed companies. Corporate Ownership & Control, 16(2), 25-37. https://doi.org/10.22495/cocv16i2art3
53. Rizzato, F., Busso, D., Devalle, A., & Zerbetto, A. (2018). Corporate governance system in Italy: Compliance and quality. Corporate Ownership & Control, 16(1-1), 217-233. https://doi.org/10.22495/cocv16i1c1art9
54. Pastore, P. (2018). Italian lesson about getting women on the board five years after the implementation of the gender quota law. Corporate Ownership & Control, 16(1-1), 185-202. https://doi.org/10.22495/cocv16i1c1art7
55. Netti, A. (2018). Firm determinants of risk disclosure: Evidence from Italian listed companies. Corporate Ownership & Control, 16(1-1), 168-177. https://doi.org/10.22495/cocv16i1c1art5
56. Dell’Atti, S., Sylos Labini, S., & di Biase, P. (2018). The effects of Solvency II on corporate boards: A survey on Italian insurance companies. Corporate Ownership & Control, 16(1-1), 134-144. https://doi.org/10.22495/cocv16i1c1art3
57. Grumo, M. (2018). An empirical analysis of grant-monitoring systems in corporate foundations: Organizational complexity and monitoring mechanisms around the world. Corporate Ownership & Control, 16(1), 87-93. https://doi.org/10.22495/cocv16i1art9
58. La Rosa, F., Bernini, F., & Mariani, G. (2018). Diversified, integrated and cross-border acquisitions and firm performance: A comparison of family and non-family Italian listed firms. Corporate Ownership & Control, 16(1), 72-86. https://doi.org/10.22495/cocv16i1art8
59. Minciullo, M., & Pedrini, M. (2018). Larger and greener: Disentangling the industry effect on proactive environmental strategy in the Italian context. Corporate Ownership & Control, 16(1), 58-71. https://doi.org/10.22495/cocv16i1art7
60. Maglio, R., Rapone, V., & Rey, A. (2018). Capitalisation of operating lease and its impact on firm’s financial ratios: Evidence from Italian listed companies. Corporate Ownership & Control, 15(3-1), 152-162. https://doi.org/10.22495/cocv15i3c1p1
61. Vitolla, F., Rubino, M., & De Nuccio, E. (2018). The inverted U-shaped relationship between company size and reporting quality: The Italian case. Corporate Ownership & Control, 15(3), 114-124. https://doi.org/10.22495/cocv15i3art10
62. Sancetta, G., Cucari, N., & Esposito De Falco, S. (2018). Positive or negative voting premium: What happened to private benefits in Italy? Corporate Ownership & Control, 15(3), 92-100. https://doi.org/10.22495/cocv15i3art8
63. Rija, M. (2018). Responsibility and role of internal and external statutory auditors in extraordinary operations. Corporate Ownership & Control, 15(3), 66-79. https://doi.org/10.22495/cocv15i3art6
64. Napoli, F. (2018). Corporate governance and firm networks: An empirical research based on Italy. Corporate Ownership & Control, 15(2-1), 231-247. https://doi.org/10.22495/cocv15i2c1p9
65. Alfiero, S., Cane, M., Doronzo, R., & Esposito, A. (2017). Board configuration and IR adoption. Empirical evidence from European companies. Corporate Ownership & Control, 15(1-2), 444-458. https://doi.org/10.22495/cocv15i1c2p13
66. Scafarto, V., Ricci, F., Della Corte, G., & De Luca, P. (2017). Board structure, ownership concentration and corporate performance: Italian evidence. Corporate Ownership & Control, 15(1-2), 347-359. https://doi.org/10.22495/cocv15i1c2p4
67. Giovando, G., & Crovini C. (2017). Corporate governance and internal control deficiencies in financial institutions: Direct causes of sanctions by the supervisory authority. Corporate Ownership & Control, 15(1-1), 277-287. https://doi.org/10.22495/cocv15i1c1p11
68. Capodaglio, A., Iacoviello, G., & Neri, G. (2017). Family business: From an informally managed and unstructured model to a structured, formally managed larger enterprise. Corporate Ownership & Control, 15(1), 123-132. https://doi.org/10.22495/cocv15i1art12
69. Quarato, F. (2017). The long-term horizon of family firms in M&A: The impact on research investments and debt maturity structure. Corporate Ownership & Control, 15(1), 108-122. https://doi.org/10.22495/cocv15i1art11
70. Fabrizi, M., & Pilonato, S. (2017). Does pay for performance work in public organizations? Empirical evidence from Italy. Corporate Ownership & Control, 14(4-2), 471-482. https://doi.org/10.22495/cocv14i4c2art12
71. Cecchi, M. (2017). Financial structure in Italian business groups. Corporate Ownership & Control, 14(4-2), 362-379. https://doi.org/10.22495/cocv14i4c2art3
72. Alfiero, S., Bocchino, U., Esposito, A., & Doronzo, R. (2017). The rise and fall of Italian Saving Banks. A DEA efficiency approach. Corporate Ownership & Control, 14(4-2), 350-361. https://doi.org/10.22495/cocv14i4c2art2
73. Mazzi, C., Mazzi, F., Passeri, R., & Viassone M. (2017). Investigating the influence of gender and religiosity on attitudes towards business ethics. Corporate Ownership & Control, 14(4-1), 249-261. https://doi.org/10.22495/cocv14i4c1art7
74. Belcredi, M., Bozzi, S., Ciavarella, A., & Novembre, V. (2017). Institutional investors’ activism under concentrated ownership and the role of proxy advisors. Evidence from the Italian say-on-pay. Corporate Ownership & Control, 14(4), 41-57. https://doi.org/10.22495/cocv14i4art4
75. Allini, A., Ferri, L., Maffei, M., & Zampella, A. (2017). The comparability of IFRS 7 in the European banking sector. Corporate Ownership & Control, 14(4), 8-14. https://doi.org/10.22495/cocv14i4art1
76. Quintiliani, A. (2017). Financial crisis and local banks: A review of bank-firm relationships in Italy. Corporate Ownership & Control, 14(3-1), 249-258. https://doi.org/10.22495/cocv14i3c1art10
77. Grimaldi, F., & Muserra, A. L. (2017). The effect of the ownership concentration on earnings management. Empirical evidence from the Italian context. Corporate Ownership & Control, 14(3-1), 236-248. https://doi.org/10.22495/cocv14i3c1art9
78. Magnanelli, B. S., Raoli, E., & Tiscini, R. (2017). Female directors in Italy: The state of art after the mandatory gender quota. Corporate Ownership & Control, 14(3-1), 157-169. https://doi.org/10.22495/cocv14i3c1art1
79. Farina Briamonte, M., Addeo, F., Fiano, F., & Sorrentino, M. (2017). The effect of pyramidal structures on earnings management: Evidence from Italian listed companies. Corporate Ownership & Control, 14(3), 64-73. https://doi.org/10.22495/cocv14i3art7
80. Truant, E. (2017). Management control systems, organization and impact on performances: Evidences from Italy. Corporate Ownership & Control, 14(2-1), 250-257. https://doi.org/10.22495/cocv14i2c1p11
81. Terzani, S., & Liberatore, G. (2016). Excess cash holdings, investment opportunity and shareholder value: European evidences. Corporate Ownership & Control, 14(1-4), 630-639. https://doi.org/10.22495/cocv14i1c4art9
82. Busso, D., Devalle, A., & Rizzato, F. (2016). A comparative analysis of the board evaluation in European entities: Italy vs UK. Corporate Ownership & Control, 14(1-4), 578-587. https://doi.org/10.22495/cocv14i1c4art4
83. Giacosa, E., Halili, E., Mazzoleni, A., Teodori, C., & Veneziani, M. (2016). Re-estimation of company insolvency prediction models: Survey on Italian manufacturing companies. Corporate Ownership & Control, 14(1-1), 159-174. https://doi.org/10.22495/cocv14i1c1p1
84. Grandis, F. G., & Mattei, G. (2016). The Governance model in the italian public entities after more than a quarter of a century since the reform. Corporate Ownership & Control, 14(1), 128-138. https://doi.org/10.22495/cocv14i1p12
85. Grimaldi, F. (2016). Ownership structure and turnaround processes: Evidences from Italian listed companies. Corporate Ownership & Control, 14(1), 117-127. https://doi.org/10.22495/cocv14i1p11