This paper describes the logic that guides the implementation of corporate governance reforms and investigates the extent to which the logic leads to an increase in investor protection. We use the example of Italy, where major governance reforms were passed in 1998 to protect minority shareholders from the risk of expropriation.
Effect of Governance Reforms on Corporate Ownership in Italy: Is it Still Pizza, Spaghetti and Mandolino?
SAPIENZA, ELENA
2009
Abstract
This paper describes the logic that guides the implementation of corporate governance reforms and investigates the extent to which the logic leads to an increase in investor protection. We use the example of Italy, where major governance reforms were passed in 1998 to protect minority shareholders from the risk of expropriation.File in questo prodotto:
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