1,721,070 research outputs found
I prodotti di credito al consumo
No full textIl contributo analizza il ruolo e le funzioni dei differenti prodtti per la gestione del rischio di credito per le banche e per la copertura dei bisogni finanziari per le famiglie e i consumator
Le famiglie italiane e la finanziarizzazione della ricchezza immobiliare
No full textGli strumenti di finanziarizzazione della ricchezza immobiliare rappresentano una modalità di trasformazione del proprio patrimonio immobiliare in flussi di cassa, alternativa importante nei casi in cui la vendita degli immobili non sia una soluzione ottimale per i bisogni della famiglia. Il lavoro indaga le variabili che influenzano l’interesse delle famiglie verso tali strumenti, approfondendo, rispetto alla letteratura, i comportamenti creditizi delle famiglie insieme alle tradizionali variabili socio-economiche.
Il risultato principale dell’analisi evidenzia come una maggiore familiarità con il credito e la propensione all’utilizzo di credito al consumo rappresentino determinanti significative dell’interesse verso forme di finanziarizzazione della ricchezza immobiliare
Il rischio di modello: un’analisi bibliometrica
No full textL’utilizzo di modelli nella gestione bancaria è in costante aumento e, di conseguenza,
anche la criticità del rischio di modello sta crescendo. L’obiettivo di questo studio è
quello di chiarire tramite un’indagine bibliometrica in che modo la letteratura sul model
risk stia evolvendo, al fine di comprendere lo stato dell’arte, individuare i temi di discussione, le questioni aperte e le sfide per il futuro. I risultati dello studio evidenziano
che la letteratura sul tema è recente ed esigua. Le questioni da risolvere sono di natura
concettuale, computazionale e organizzativa. Le riflessioni compiute portano a chiedersi
se l’aggiunta di ulteriore complessità nel model risk management sia una soluzione o
se, al contrario, generi nuovo rischio di modello e se un giudizio qualitativo possa rappresentare la soluzione migliore
Strategie di marketing e canali distributivi
No full textIl contributo analizza le principali strategie di marketing e di posizionamento nel business del credito ai consumatori e il ruolo e le funzioni dei differenti canali distributivi nella fidelizzazione della clientela e per l'efficienza delle banch
Il sistema istituzionale preposto alla regolazione a al controllo nel settore del credito al consumo
No full textDeterminants of Older Consumers' Interest in Home Equity Conversion Products
No full textThe purpose of this paper is to highlight opportunities for the banking sector arising from the population’s aging and the expected reduction in pension incomes. Home equity conversion (HEC) instruments are a potentially useful way of restoring households’ finances and satisfying their needs, with implications for the demand for financial services. By using an ordered probit regression model, the paper analyzes data obtained from a survey of 2,000 Italian households. The main finding of this paper is that individuals with greater familiarity with consumer credit, a cognitive and decision-making approach favorable to use of credit, and an internal locus of control show greater interest in various forms of equity conversion. This paper extends the analysis of the determinants of individuals’ interest in HEC products. It focuses more closely than the existing literature on households’ credit behaviors, attitudes toward credit and locus of control. The paper helps identify the potential targets of marketing campaigns and commercial proposals, and highlights the levers that the banks can focus on in communicating with customers and future prospects. Moreover, this paper suggests that there is a need to develop greater awareness on the part of people who could be interested in these products. Therefore, appropriate financial education projects should be implemented to develop a better “credit” culture, with due appreciation of the usefulness of credit as a means of supporting household budgets
Determinants of Older Consumers' Interest in Home Equity Conversion Products
No full textThe purpose of this paper is to highlight opportunities for the banking sector arising from the population’s aging and the expected reduction in pension incomes. Home equity conversion (HEC) instruments are a potentially useful way of restoring households’ finances and satisfying their needs, with implications for the demand for financial services. By using an ordered probit regression model, the paper analyzes data obtained from a survey of 2,000 Italian households. The main finding of this paper is that individuals with greater familiarity with consumer credit, a cognitive and decision-making approach favorable to use of credit, and an internal locus of control show greater interest in various forms of equity conversion. This paper extends the analysis of the determinants of individuals’ interest in HEC products. It focuses more closely than the existing literature on households’ credit behaviors, attitudes toward credit and locus of control. The paper helps identify the potential targets of marketing campaigns and commercial proposals, and highlights the levers that the banks can focus on in communicating with customers and future prospects. Moreover, this paper suggests that there is a need to develop greater awareness on the part of people who could be interested in these products. Therefore, appropriate financial education projects should be implemented to develop a better “credit” culture, with due appreciation of the usefulness of credit as a means of supporting household budgets
Overcoming the “valleys of death” in advanced therapies: The role of finance
No full textAdvanced therapies are the frontier of medical research and have a relevant therapeutic potential and a profound social value. Despite this, their funding is hindered by many heterogeneous factors that obstruct their translation and survival on the market, even when approved and effective. Using an extensive bibliometric and systematic review of 174 articles published between 2001 and 2023, this study aims to identify the factors hindering the financing of advanced therapies and suggest future research lines to overcome the biomedical and economic “valleys of death”. This study is the first review focused on advanced therapies from a financial perspective, and it contributes to advancing scientific knowledge in several ways. First, it highlights that finance academics paid little attention to the topic and most of their contributions are now outdated; therefore, there is the need to explore the new opportunities and solutions offered by financial innovation and the application of new technologies to financial activity. Second, it asks for an interdisciplinary approach to exploring advanced therapies' barriers from a holistic and process perspective and exploiting the social value generated by the development of innovative therapies. Finally, it analyzes the obstacles and value destroyed by the absence of an organic and coordinated process of public intervention, underscoring the imperative for further research to explore new public-private financial models and risk-sharing schemes and extend evaluation models by integrating financial and social value logic
Customer Complaining and Probability of Default in Consumer Credit
Full text linkIn many countries, Banking Authorities have adopted an Alternative Dispute Resolution (ADR) procedure to manage complaints that customers and financial intermediaries cannot solve by themselves. As a consequence, banks have had to implement complaint management systems in order to deal with customers’ demands. The growth rate of customer complaints has been increasing during the last few years. This does not seem to be only related to the quality of financial services or to lack of compliance in banking products. Another reason lies in the characteristics of the procedures themselves, which are very simple and free of charge. The paper analyzes some determinants regarding the willingness to complain. In particular, it examines whether a high customers’ probability of default leads to an increase in non-valid complaints. The paper uses a sample of approximately 1,000 customers who received a loan and made a claim against the lender. The analysis shows that customers with higher Probability of Default are more likely to make claims against Financial Institutions. Moreover, it shows that opportunistic behaviors and non-valid complaints are more likely if the customer is supported by a lawyer or other professionals and if the reason for the claim may result in a refund or damage compensation
Sustainable development and european banks: A non-financial disclosure analysis
Full text linkThis paper aims at contributing to the debate on the relationships between the European financial sector and sustainable development. Using a non-financial disclosure analysis of 262 European banks, the research sought, first, to investigate the "scope" of the contribution of European banks to the Sustainable Development Goals (SDGs) and, second, to explore the factors that seem to differentiate the SDGs approach among banks. The results show that country of origin, legal system, and adoption of an integrated report seem to differentiate banks in terms of contribution to the SDGs. The business model and stock exchange listing, conversely, do not seem to represent discriminatory factor in the contribution of banks toward the SDGs. The study can be useful for managers and decision makers to develop policies to support organizations in contributing to the SDGs
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