{"product_id":"corporate-governance-and-internal-control-system-of-banks-von-marco-perrone","title":"Corporate Governance and Internal Control System of Banks","description":"\u003cp\u003eIn light of increasing calls for corporate  governance of banks and the current financial crisis  rooted in failures of governance mechanisms, this  paper investigates the structure of the internal  control system of banks. I have used a sample of nine  leading banks operating in the Italian market to  understand the most important characteristics and the  mechanisms of integration concerning the internal  control system. According to the empirical  evidences, various mechanisms and elements of the  internal control system were found to contain  weaknesses. In particular, the first-level of  control appears scarcely structured and lacks a  clear definition of roles and responsibilities.  Moreover, the mechanisms of organizational and  operating integration were developed in only a few  cases. Therefore, the Italian banks must promptly  focus their attention on strengthening these two  areas through tailored actions to ensure the safe  and sound management of corporate risks. This paper  also suggests to banking industry professionals a  framework and some recommendations for the  implementation of an effective and integrated  internal control system in banks.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783844385052\"\u003e\u003ch3\u003eAn analysis of the Italian Banking Industry\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783844385052","offer_id":39495917535325,"sku":"9783844385052","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/bb9098cc-b466-45ae-a12d-11cc825afba1.jpg?v=1758345730","url":"https:\/\/shop.autorenwelt.de\/products\/corporate-governance-and-internal-control-system-of-banks-von-marco-perrone","provider":"Autorenwelt Shop","version":"1.0","type":"link"}