Corporate Governance in Italy: Strong Owners, Faithful Managers. An Assessment and a Proposal for Reform

Abstract

at 519), is not an easy road at all. Moreover, as I noted above, the practice of selecting professional managers is widespread among Italian companies, and I think that "strong owners" 307. See supra note 189, for the widespread practice of hiring professional managers by Italian large firms. After all, large owners seem well-suited to monitor them effectively.