Understanding the Impact of Entrepreneurial Orientation on Smes’ Performance. the Role of the Financing Structure

Based on a sample of 300 small and medium enterprises (SMEs) located in the Province of Udine (north East of Italy) and the Kärtner Region (South of Austria) we perform an analysis of the impact of Entrepreneurial Orientation (EO) on SMEs’ subjective performances. We&#x...

Il monitoraggio del credito alla luce dei recenti aggiornamenti di Banca d’Italia: un sistema di indicatori

Does Earnings Management Affect Banks’ Cost of Funding? An Empirical Investigation Across an European Sample

Loan loss provisions which are the main components, by which managers handle earnings, are used discretionally to smooth earnings, manage capital requirements and increase the stock market valuation. However managers’ discretionary behavior might have a negative effect, since hidden risks can...

The Estimation of Banks’ Cost of Capital through the Capital at Risk Model: An Empirical Investigation across European Banks

Valuing banks is one of the most difficult issues to deal with in corporate finance, and the enduring turmoil which has characterized the aftermath of the financial crisis of 2007 has made it even more complicated (Damodaran, 2013). All the recent academic contributions on the...