This penetrating analysis of a much-overlooked topic in the international literature presents the legal foundations, functional remit, and governance responsibilities of the bank foundations that play such a key role in the Italian not-for-profit sector.

Bank foundations serve an important purpose in the Italian nonprofit sector. This book presents the legal grounds, areas of intervention, and basic tools involved in the asset management and grant-making activities that such organizations undertake. A special emphasis focuses on the analyses of the organizational structure of bank foundations and the relevant aspects of governance, particularly with regard to the composition, roles, and responsibilities of bank foundation boards. The general reduction in the resources to which they have access requires a new strategy that clearly defines long-term goals and the necessary procedures to achieve them. The topic of strategic planning is therefore also central to this text, which examines its peculiarities, content and governing bodies. The analysis of some case studies provides a better understanding of the manner in which foundations interpret strategic planning and reveals strengths and weaknesses that demand careful attention.

The book investigates a topic that has received little attention by the international literature Numerous case studies facilitate the understanding Presentation of some operational measures to achieve better efficiency in foundations? Includes supplementary material: sn.pub/extras

Autorentext

Chiara Leardini is an Associate Professor in Business Economics at the University of Verona, Italy. Her research interests are in the area of performance measurement and accountability in nonprofit organizations and public organization, accounting and governance in bank foundations, and accounting history.

Gina Rossi is an Assistant Professor in Business Economics at the University of Udine, Italy. Her research covers different topics, such as accounting and financial reporting, accounting history, accounting and governance in bank foundations, social responsibility in the private, public and non-profit sector.

Sara Moggi is a Research Fellow in Business Administration at University of Verona (Italy). Her studies interest are in social and environmental reporting and the stakeholder theory analysis in nonprofit organizations and in the public sector.

Inhalt

Italian Bank Foundations and Governance.- Outlining Italian Bank Foundations.- Governance Roles and Responsibilities.- Composition of the Boards.- Governance and Strategic Planning.- Appendix.