Siciliano Giovanni's scientific contributions

Citations

... At the end of 2017, fewer than 240 companies are listed on the stock exchange, significantly less than the number of other European countries. The underdevelopment of the stock markets in Italy may be ascribed to two main factors: the high presence of mainly family-owned firms that seek to keep outside shareholders away; and the prevalence of the public pension system, which reduces the potential demand for shares from institutional investors (Aristei and Gallo, 2017;Enriques et al., 2011). ...
... Starting from October 2008, as concerns over systemic stability increased following the Lehman default, bond funding from institutional investors suffered a sharp decline, whereas that from retail customers rose from about 50% in the pre-crisis period (from July 2006to June 2007 to approximately 80% in the two following years. 5 2 See Gentile, Linciano and Siciliano (2006) and Gentile and Siciliano (2009). ...