I

PROGRAM

2nd International Conference

Corporate Governance & Risk Management in Financial Institutions: to discover new frontiers

Gallipoli (Lecce), IT, September 27, 2019

VENUE: Grand Hotel Costa Brada, Gallipoli (Lecce), Italy

DATE: September 27, 2019

EMAIL: cgrm2019@unifg.it

WEBSITE: www.unifg.it/cgrm2019

9,00 - 9,30 Registration of participants 9,30 – 10,00 Welcome Addresses

Welcome Greetings by Antonio Filograna Sergio (Chair of Leoshoes srl)

10,00 – 11,30 PLENARY SESSION

CHAIR: ORNELLA RICCI - University of Rome III

Keynote speeches

CLAUDIA GIRARDONE - University of Essex

JENS HAGENDORFF - University of Edinburgh

PAMELA WICKER - German Sport University Cologne

11,30 – 12,00 Coffee break

12,00 – 13,30 PARALLEL SESSIONS

Session 1: The impact of corporate governance and business model on intermediaries’ performance CHAIR: CLAUDIA GIRARDONE - University of Essex

AYADI R. (City University of London) - BONGINI P. (University of Milano Bicocca) - CASU B. (City University

of London) - CUCINELLI D. (University of Milano Bicocca)

Bank Business Model Migration in Europe: Determinants and Effect

BROGI M. (Sapienza University of Rome) - LAGASIO V. (Sapienza University of Rome)

Better safe than sorry. Which governance characteristics are most important in curbing banks’ risk

taking and driving performance?

PACELLI V. (University of Foggia) - PAMPURINI F. (Catholic University of Milan) - QUARANTA A.

G. (University of Macerata)

The contribution of cooperative banks to systemic risk

BROCCARDO E. (University of Trento) - COLLER G. (University of Trento) - ERZEGOVESI L. (University of

Trento)

The quest for a sustainable business model of social finance: is peer-to-peer lending (P2PL) the

legitimate heir to cooperative banking?

DI BATTISTA M. L. (Catholic University of the Sacred Heart) - NIERI L. (University of Genoa) - RESTA M.

(University of Genoa) - TANDA A. (University of Pavia)

Board suitability and performance in European banks: a machine learning application

Session 2: Riskiness and banking: what news?

CHAIR: ORNELLA RICCI - University of Rome III

BELLARDINI L. (University of Rome Tor Vergata) - MURRO P. (LUISS Guido Carli University)

- PREVITALI D. (LUISS Guido Carli University)

The risk-appetite of ownership structure, profitability, and risk: evidence from European banks

MODINA M. (University of Molise)

Bank’s maturity transformation: risks and opportunities for a local bank

GALLETTA S. (University of Messina) - MAZZÙ S. (University of Catania)

Liquidity risk drivers and bank business models

ALESSI L. (European Commission) - BRUNO B. (Bocconi University) - CARLETTI E. (Bocconi

University) – NEUGEBAUER K. (European Commission)

What drives bank coverage ratios: Evidence from the euro area

13,30 – 14,30 Lunch

14,30 – 17,45 PARALLEL SESSIONS

Session 3: New frontiers in finance and risk management

CHAIR: CLAUDIA GIRARDONE - University of Essex

DI TOMMASO C. (University of Calabria)

Does the use of securitization and CDS stimulate the bank’s lending? US evidence in the aftermath

of the financial crisis

FLOREANI J. (University of Udine)- POLATO M. (University of Udine)- VELLISCIG G. (University of Udine)

Are non-preferred senior bonds a cause of concern for subordinated bond holders?

MACI G. (University of Foggia) - PACELLI V. (University of Foggia) - D’APOLITO E. - (University of Foggia)

The Determinants of Stock Prices of European Football Clubs: an Empirical Analysis

ZEUGNER S. (European Commission) - SALTO M. (European Commission) - ZEDDA S. (University of Cagliari)

Using supra-covered bonds to enhance liquidity in the euro area: assessment of advantages for the

banking sector

DELL’ATTI S. (University of Foggia) - SYLOS LABINI S. (University of Foggia) - NYENNO I. (Odessa I.I.

Mechnikov National University)

Matrice forecasting to investigate the capital efficiency of the insurance market: comparison of Italy

and Ukraine

16,00 – 16,15 Coffee break

QUAYYOUM S. (University of Campania “Luigi Vanvitelli”) - HUSNAIN M. (Riphah International University) -

MALINCONICO A. (University of Sannio)

Impact of Heterogeneous Characteristics in Business Groups on the Firm Performance - Corporate

Diversification Relationship; Evidence from Emerging Economy

PACELLI V. (University of Foggia) - ALTINBAŞ H. (Dokuz Eylul University)

Tackling Difficulties in Financial Stress Index Construction: A Novel Approach based on Genetic

Programming

LEONE M. (Marche Polytechnic University) - MANELLI A. (Marche Polytechnic University) - PACE

R. (University of L’Aquila)

Commodity market and financial derivate instruments: which variable determines the others?

DELL’ATTI S. (University of Foggia) – FANELLI V. (University of Bari “Aldo Moro”) - MIGLIETTA F.

(University of Bari “Aldo Moro”)

Norwegian pension fund divestments and the market effects

Session 4: Financial intermediaries, sustainability and corporate social responsability

CHAIR: ORNELLA RICCI - University of Rome III

DELL’ATTI S. (University of Foggia) - BIRINDELLI G. (University of Chieti-Pescara) – BONANNO G. (University

of Campania “Luigi Vanvitelli”) - IANNUZZI A. P. (University of Bari “Aldo Moro”)

Financial fragility and climate strategies: evidence from the banking sector

DICUONZO G. (University of Bari “Aldo Moro”) - DONOFRIO F. (University of Bari “Aldo Moro”) -

IANNUZZI A. P. (University of Bari “Aldo Moro”)- DELL’ATTI V. (University of Bari “Aldo Moro”)

Does Banks Integrate Sustainability Issues in their Corporate Governance System? Evidence from

European Banking System

SALVI A. (LUM Jean Monnet University) - DORONZO E. (LUM Jean Monnet University) - GIAKOUMELOU A.

(LUM Jean Monnet University) - PETRUZZELLA F. (LUM Jean Monnet University)

CSR and corporate financial performance: an inter-sectorial analysis

FORGIONE A. F. (University of Messina) - LAGUIR I. (Montpellier Business School) -

STAGLIANÒ R. (University of Messina)

Exploring the relationship between bank technical efficiency and CSR score. Results from a panel

data one-step analysis

GALLUCCI C. (University of Salerno) - SANTULLI R. (University of Salerno) - TIPALDI R. (University of

Salerno) Board Gender Diversity and Bank Risk-taking. A Cross-countries Analysis on the Moderating Role

of Masculinity

16,00 – 16,15 Coffee break

CASTELLANI D. (University of Bergamo) - AFONSO J. S. (University of Portsmouth)

Geographic diversification and credit supply in times of trouble: evidence from microlending

ZEDDA S. (University of Cagliari) - PATANÈ M. (University of Siena)- MIGGIANO L. (University of Siena)

On the importance of traditional lending activity for banking systems stability

BIRINDELLI G. (University of Chieti-Pescara) - CHIAPPINI H. (University of Chieti-Pescara)

Climate change policies and shareholder wealth effect: which evidence from Europe?

17,45 – 18,00 Concluding Remarks