This chapter highlights the cultural role of Italian bank foundations, in light of information provided through accountability reports. In particular, it specifies how these organizations have invested in art and culture in recent years, using information contained in reports prepared by the Italian Association of Foundations of Banking Origin (ACRI) to provide a general overview of their activity. Although more useful and complete information would come from single bank foundations reports, a significant gap persists between the information held by the foundations and their ability to communicate it effectively to stakeholders. To improve external accountability documentation, it appears necessary to homogenize the way foundations communicate about the returns they achieve on their investments in art and culture.
Accountability in culture: the Italian experience
ROSSI, Gina
2013-01-01
Abstract
This chapter highlights the cultural role of Italian bank foundations, in light of information provided through accountability reports. In particular, it specifies how these organizations have invested in art and culture in recent years, using information contained in reports prepared by the Italian Association of Foundations of Banking Origin (ACRI) to provide a general overview of their activity. Although more useful and complete information would come from single bank foundations reports, a significant gap persists between the information held by the foundations and their ability to communicate it effectively to stakeholders. To improve external accountability documentation, it appears necessary to homogenize the way foundations communicate about the returns they achieve on their investments in art and culture.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
