Board compensations and the new regulation of the Bank of Italy

Michele S. Desario
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Michele S. Desario: Università della Tuscia

BANCARIA, 2009, vol. 10, 80-83

Abstract: The financial crisis has highlighted the issue of compensation of managing directors. In Italy, the Central Bank has taken action to avoid banks’ crises in deep contrast with the high level of managers’ compensations. With specific rules the Bank of Italy has granted to the shareholders’ meeting the power to determine these compensations.

Keywords: crisi finanziaria; banche; compensi amministratori (search for similar items in EconPapers)
JEL-codes: G01 G21 G28 M52 (search for similar items in EconPapers)
Date: 2009
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