Non-Performing Loans Prevention in Italy: Early Warning Indicator and Negotiation - Mediation in Bankruptcy
Article from: TDM 4 (2017), in Comparative and International Perspectives on Mediation in Insolvency Matters
Abstract
When a company begins to show signs of crisis, all parties involved begin trying to conceal their involvement by 'sweeping the dust under the carpet'. In Italy a warning system for financial crisis does exist, primarily for the use of small and medium enterprises, however is not often implemented. It involves a rating that banks give to all positions at risk (either a single person or a company) with them, particularly efficient because it is influenced by: the structure of the company's financial statements, as in the bank's electronic ...