The Italian Corporate Governance Committee approved certain amendments to the Corporate Governance Code, aimed, on the one hand, at enhancing ?comply or explain?
principle, consistently with the recent European Commission recommendation, and, on the other hand, at encouraging full disclosure of any severance payment granted to executive directors and top managers, in accordance with the provisions set out by a recent communication of the Italian Securities Authorities (CONSOB).
In spite of the highly concentrated ownership of listed companies, Italy is one of the countries in which institutional investors are on the rise and are...
This article deals with the self-insider, i.e. the possible creation of the inside information by a person and its (abusive) exploitation. It describes...
In the wake of the corporate scandals of the early 2000s, Italian policymakers tackled tunnelling via related party transactions (RPTs) by enacting a...