La disclosure sulla corporate governance nei gruppi, strumento di tutela di interessi diffusi. Un'analisi critica nel contesto italiano.

The Italian mandatory regulation does not strictly define the concept of corporate groups, thus not allowing an immediate acknowledgement of the group structure. This circumstance makes it difficult to single out the economic decision responsibilities, so that minorities interests are less protected. In order to improve the groups ownership structure transparency, Italian Regulators recently issued a decree requiring groups to disclose, also in the financial statements, their subjection to a parent company. The paper aims to investigate the effectiveness and the quality of the groups corporate governance disclosure, focusing on the recent mandatory regulation impacts.