The Public Banks of Naples Between Financial Innovation and Crisis

Author(s):  
Lilia Costabile ◽  
Eduardo Nappi
2015 ◽  
Author(s):  
Charles Vincent ◽  
Claudia Peretto ◽  
Tatiana Gherman

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohamed Mousa ◽  
Hiba Massoud ◽  
Rami Ayoubi

PurposeLittle research into organizational learning in the public sector in developing countries' is known. In this paper, the authors investigated the context of organizational learning in the public banks in Egypt.Design/methodology/approachAn ethnographic field research was employed by spending a month inside each of two public banks in Egypt. The ethnographic experience was operationalised by using direct observations of learning processes, procedures and practices, semi-structured interviews with learning specialists and focus group discussions with bankers. The authors used thematic analysis to determine the main themes in the previous data collection methods of ethnographic approach.FindingsThe findings confirmed a lack of clear focus for the organizational learning practices employed by the banks, which highlights issues of seriousness in undertaking and/or tackling organizational learning, and increased doubts in relation to the added value of the different forms of formal trainings bankers participate in. To enhance the culture and maintain effective functioning of formal organizational learning, the authors suggest considering the following three categories of barriers: purpose-related barriers, implementation and evaluation barriers.Originality/valueDespite the generalisability caveats associated with the organizations studied, the authors believe that this paper contributes to the existing theory of organizational learning as it provides insights and understanding on the purpose, frame, conduct and results of organizational learning in the public sector. More specifically, the study is unique and is different from previous relevant studies as it relies on ethnographical approach in exploring how organizational leaning practices are perceived in public banks in developing countries.


Author(s):  
Martín L. E. Wasserman

ABSTRACT The South American Funds National Exchequer was established in 1818 to contribute to the consolidation of the public debt of Buenos Aires. It was the first financial innovation since the revolutionary outbreak in Buenos Aires, and its failure allowed the authorities to understand the limits of the fiscal and financial commitment they proposed by means of that institution. Its suppression, in 1821, offered an antecedent to develop a deep reform of the financial institutional matrix of Buenos Aires, based on the Public Credit office, the Amortization Exchequer and the Bank of Buenos Aires. The South American Funds National Exchequer was, thus, the first movement in the negotiation on the terms of the financial commitment assumed by the nascent State. This paper analyzes the 973 accounting entries of the institution, providing an interpretation of that failure and its importance for the course of public finances in Buenos Aires.


2021 ◽  
Vol 22 (2) ◽  
pp. 349-360
Author(s):  
Shailendra Rai ◽  
Miia Chabot ◽  
Jean-Louis Bertrand ◽  
Imlak Shaikh

While India is set to become the world’s most populous country by 2050, it is also the home to the world’s largest number of unbanked individuals. This paper aims to investigate the profitability issue with a focus on public banks. Using a new methodology based on comparisons tests and panel analysis that test unobserved heterogeneities between banks. We show that public banks are not low performers, nor can private banks be considered high performers Finally, we show that the proportion of non-performing assets (NPAs) is a real concern and requires urgent attention of government and regulators for Indian banks to serve profitability their home market. Banks that make more profits on non-interest income are not necessarily less profitable than others. Further, outcomes favour the ideas that if public banks are able to clean-up their non-performing assets as well as follow a sound prudential regulation, their profits could strongly grow. Future reforms must consider the public bank’s key role in the growth of the India’s economic outlook, especially when it comes to projects of social importance and national priority. The study is based on 105 banks with cross-sections from 2003–2016; however, India’s government has initiated reforms in the banking segment, which has led to a significant decrease in government stake and the number of banks.


2015 ◽  
Vol 17 (3) ◽  
pp. 393 ◽  
Author(s):  
Firman Pribadi ◽  
Susanto Susanto

This research attempts to use Black-Schole-Merton (BSM) model based on market approach to predict default probability of publishing bank in Indonesia. This is done by using stock prices and financial report. In this effort, this study estimates the neutral risk and default probability for the publish bank. The result showed that option model can predict default status more with accurate event long before default information was published for public. It can be studied from the case of Bank Century that has been imposed as a failure bank, in which it is known as bailout bank by the Indonesian government. The model does not only provide the ordinal ranking for the bank sample but also the good early warning prediction for the public. The probability estimation based on the option model can be an innovative model to measure and manage credit risk on the future for predicting probability default in Indonesia.


Employee satisfaction is the extent to which employee is happy or satisfied with the jobs. It is an important factor in employee motivation, employee goal achievement and positive employee morale in the workplace. Generally, it is considered that there is a direct link between employee satisfaction and client satisfaction. Employees are the propulsive factor in client satisfaction. It became most critical where employees were directly interacting with customers, as in banking sector. The research is carried out systematically and methodically in order to find out the relationship between employee and client satisfaction in the banking sector in Ludhiana. Samples of employees and clients were taken from the selected branches of banks in Ludhiana. It was found that the satisfaction level of employees with work culture was more at private banks than at public banks. Sufficient opportunity for career growth was provided by the public bank but professional growth and advancement in future was given more importance. The results revealed that there was no significant level of relationship between the two variables. The relationship though positive but was nonsignificant statistically


2017 ◽  
Vol 44 (1) ◽  
pp. 5-16 ◽  
Author(s):  
Paola Avallone

ABSTRACT This paper examines new research on crimes and punishments in Neapolitan public banks between the 17th and the early 18th centuries. This is a new area of study, based on the archives of the banks, that can explain the failures of these institutions, the lack of controls, and the damages the fraudulent actions caused. The appropriation of the “public good” (money deposited in the banks) was carried out by bank employees whose illicit behavior violated the set of norms common to all Christianity, norms that constituted a solid foundation for the patrimony of trust at the heart of all commercial transactions in the ancien régime. Archival records are used to examine the possible motivations that led to the circumvention of the norms, including lack of economic gratification, a scarcely efficient internal control system, a judicial system that did not apply strict punishments, and marketplace economic factors.


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