Ricerc@Sapienza

By building up a database comprehensive of sanctions towards Italian banks,
this research identifies few financial indicators explicative of enforcement actions
to provide banks with a forecasting model to evaluate their strategies’ suitability
for compliance and resilience to adverse shocks. The results, to the extent of both
variables selection and size of the marginal effects, are aligned with the output of
the stress tests. The variables positively affecting the resilience to adverse shocks are

The paper aims at discovering the role of the auditors in the italian listed companies, by proposing an updated conceptualization of the existing literature. In this way, the adoption of a qualitative methodology allows for the construction of a literature analysis on the role of the auditors in the italian listed companies. As source for the analysis the databases of the Italian Stock Exchange, Consob and the Code of Conduct, as well as the governance proposals by ENI, were consulted.