The Capitalization of Italian Manufacturing Companies in respect of the Introduction of ACE in 2011

Abstract

The global crisis that took place in 2008 caused a big economic shock to the entire global economy. Some of the european countries have been hit worse than other countries and Italy is no exception. In this work we look at providing an assessment on the introduction of ACE in Italy in 2011, a measure italian government introduced to help the italian economy, and the effect it had on the Italian manufacturing companies’ capitalization in the following 10 years. This work is divided in three sections, more precisely we will start by presenting the specific economic Italian scenario,its chronic indebtedness characteristic both state owned and firm wise accentuated by the 2008 crisis. Following a description and an explanation on the notion of ACE beginning from its general genesis to the issues it wanted to solve, we then begin on analyzing some selected financial data provided by the AIDA database for the manufacturing companies which are not consolidated nor part of a group.