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An evolutionary overview of the ownership, governance and strategy of Mediobanca: from the kingmaker of Italian capitalism to a large financial conglomerate

In: Handbook on Corporate Governance in Financial Institutions

Author

Listed:
  • Alessandro Zattoni
  • Francesca Cuomo

Abstract

The chapter presents the history of Mediobanca from its birth to today. This history is particularly interesting for several reasons. First, Mediobanca has for a long time been the dominant player of the national investment banking industry thanks to its links with the three largest Italian commercial banks. Furthermore, Mediobanca has played a key role in the development of the national economic system by both favouring the stability of control and supporting the growth of large national private industrial groups. Finally, the history of Mediobanca is strictly intertwined with the personality and the vision of Enrico Cuccia, one of the most influential and admired bankers of its time.

Suggested Citation

  • Alessandro Zattoni & Francesca Cuomo, 2016. "An evolutionary overview of the ownership, governance and strategy of Mediobanca: from the kingmaker of Italian capitalism to a large financial conglomerate," Chapters, in: Christine A. Mallin (ed.), Handbook on Corporate Governance in Financial Institutions, chapter 1, pages 7-34, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16126_1
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    References listed on IDEAS

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    1. Andrea Melis, 2004. "On the Role of the Board of Statutory Auditors in Italian Listed Companies," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(1), pages 74-84, January.
    2. Alessandro Zattoni, 1999. "The Structure of Corporate Groups: the Italian case," Corporate Governance: An International Review, Wiley Blackwell, vol. 7(1), pages 38-48, January.
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