Corporate governance reform in Italy during 2000-2017 (Codice di Autodisciplina 2015)

Abstract

In that paper, I want to analyze what is the best corporate governance model in the European Union. I start to define what can be the best corporate governance reform in Europe and in particular in Italy. The model that I use is the Italian Code for corporate governance where there is specific protection for the owners and the other shareholders. The statistical sample is the main companies in Italy and in the EU where the composition of the sample is the board of directors of them. The contribute of my paper is to find an original analysis of the bests code of behaviour inside of a board of director in terms of the level of communication inside of the organization and outside. For achieving that aim the corporate governance has to introduce a correct internal auditor an organized company structure and an efficient audit of a board of directors.