Governance Innovation and Enhancement: The New One-Tier Model of UBI Banca

Francesca Magli and Alberto Nobolo

International Journal of Business and Management, 2021, vol. 15, issue 1, 134

Abstract: On the basis of their experience and capitalism model, every country has developed different systems of corporate governance. For many years, in various European countries, there were debates on the opportunities and methods of harmonising European company law; in Italy, one of the most important change was the possibility for limited companies to choose between three management and supervision models- the Italian traditional model, the two-tier model (of German origin), and the one-tier model (of Anglo-Saxon origin). In our study we analyse one-tier and two-tier systems, first theoretically and legislatively and theirs application in Italian quoted companies in the banking sector. We selected this sector because limited banking companies were created in Italy in a recently period (2006-2007), as a result of national amalgamation and merger operation. We illustrate an important case in depth, namely the governance system at UBI Banca as a phenomenological case. Main study’s objective is to analyse transition of UBI Banca from the two-tier model (2007) to the one-tier model (2018), identifying the main causes and reasons for this choice.

Date: 2021
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ccsenet.org/journal/index.php/ijbm/article/download/0/0/41583/43130 (application/pdf)
http://www.ccsenet.org/journal/index.php/ijbm/article/view/0/41583 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibn:ijbmjn:v:15:y:2021:i:1:p:134

Access Statistics for this article

More articles in International Journal of Business and Management from Canadian Center of Science and Education Contact information at EDIRC.
Bibliographic data for series maintained by Canadian Center of Science and Education ().