Creating Value and Improving Financial Performance

Paul Wachtel is Professor Emeritus of Economics at the Stern School of Business, New York University.  His research has been published in numerous journals, focusing on monetary policy, central banking and financial sector development. He was the co-editor of Comparative Economic Studies and is an Associate Editor of the Journal of Banking and Finance. Giovanni Ferri is Professor of Economics at the Department of Law, Economics, Political Sciences and Modern Languages at LUMSA University. He also co-founded and chairs the master in management of SDGs and the Center for Relationship Banking & Economics, which fosters research for a better understanding of relational goods to promote society’s wellbeing. Ewa Miklaszewska is Professor of Economics at Cracow University of Economics, Poland, where she chairs the Department of Banking and Global Financial System, alongside being a guest lecturer at the Institute of Economics, Finance and Management of the Jagiellonian University. She is also a committee member of the European Association of University Teachers in Banking and Finance (The Wolpertinger Club).

Chapter 1. Introduction by the editors.- Chapter 2. The market reaction to climate risk: evidence from the European banking industry.- Chapter 3. Dissecting the European ESG premium vs the US: is it all about non-financial reporting?.- Chapter 4. Loan origination and monitoring guidelines: how ESG indicators affect firms' probability of default?.- Chapter 5. Using E from ESG in systemic risk measurement.- Chapter 6. Corruption disclosure in banking: insights from the literature.- Chapter 7. Financial competence and the role of non-cognitive factors.- Chapter 8. Does financial literacy progress over time? An analysis of three surveys in Italy.- Chapter 9. An interdisciplinary approach to economic texts: the "Considerazioni Finali" by the Governor of the Bank of Italy as a case study.- Chapter 10. Drivers of shareholder value creation in M&A: event study in the European banking sector in the post-financial crisis era.- Chapter 11. Market Reactions to Central Bank Governor Changes: Evidence from Istanbul Stock Exchange.