The finn value is the fundamental topic of corporate finance. The value creation is the aim of economic initiatives, strategies, corporate policies, and all business activities, including banking. It depends, among ot...The finn value is the fundamental topic of corporate finance. The value creation is the aim of economic initiatives, strategies, corporate policies, and all business activities, including banking. It depends, among other things, on size, legal form, and business model. Therefore, this paper wants to demonstrate and explain the differences about the value created in the Italian banking sector, where there is much diversity regarding size, legal form, and business model. This paper estimated and compared the value of Italian listed companies from 2010 to 2012 and found the result： Banks create more value if they are big and operate in investment banking. Furthermore, it proved that legal form hasn＇t influenced performance and value of banks.展开更多
As a special productive resource, morality has unique economic slgmncance mat ,~ displayed in the process of production not only of use-value, but also of value. This positive value correlation has long been confirmed...As a special productive resource, morality has unique economic slgmncance mat ,~ displayed in the process of production not only of use-value, but also of value. This positive value correlation has long been confirmed by the management practice of modern enterprises. The economic value of morality has, however, a rational limit; its economic role should be understood, analyzed and utilized in complex economic relations.展开更多
文摘The finn value is the fundamental topic of corporate finance. The value creation is the aim of economic initiatives, strategies, corporate policies, and all business activities, including banking. It depends, among other things, on size, legal form, and business model. Therefore, this paper wants to demonstrate and explain the differences about the value created in the Italian banking sector, where there is much diversity regarding size, legal form, and business model. This paper estimated and compared the value of Italian listed companies from 2010 to 2012 and found the result： Banks create more value if they are big and operate in investment banking. Furthermore, it proved that legal form hasn＇t influenced performance and value of banks.
文摘As a special productive resource, morality has unique economic slgmncance mat ,~ displayed in the process of production not only of use-value, but also of value. This positive value correlation has long been confirmed by the management practice of modern enterprises. The economic value of morality has, however, a rational limit; its economic role should be understood, analyzed and utilized in complex economic relations.
