Archivio della ricerca- LUISS Libera Università Internazionale degli Studi Sociali Guido Carli di Roma
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Rischio Climatico e Rischio Sistemico nel Settore Bancario Globale
No full textQuesto studio documenta un canale di trasmissione dei rischi climatici attraverso i confini nazionali e il loro impatto sul rischio sistemico attraverso i mercati dei capitali interni
delle banche globali. Prima del 2016, né l’effetto diretto delle emissioni di CO2 nel paese d’origine della banca madre, né l’effetto differenziale rispetto alle emissioni di CO2
nei paesi delle sue sussidiarie estere avevano un impatto statisticamente significativo sui contributi al rischio sistemico. Dopo il 2016, all’aumentare delle emissioni di CO2 nel
paese d’origine, aumentano anche i contributi della banca madre al rischio sistemico. Quando suddividiamo il campione in differenze negative (le operazioni estere sono più
inquinanti) e positive (le operazioni estere sono meno inquinanti), mostriamo che operare in un paese estero più inquinante aumenta il rischio sistemico della banca globale nel
paese d’origine. I risultati suggeriscono inoltre che gli investitori tengono conto di un comportamento strategico legato al clima all’interno dei conglomerati finanziari nei paesi
europei, con importanti implicazioni per i responsabili delle politiche di regolamentazione
Trust in Open Innovation: An Integrated Model Based on a Systematic Literature Review
No full textTrust among partners is increasingly recognized as a key condition for the success of Open Innovation (OI); nevertheless, the research on the topic is still fragmented and partial. On the basis of a systematic literature review, this paper explores trust in OI settings, building an integrated model that connects trust antecedents and consequences in OI contexts and explains the key relationships among identified themes and dimensions. As a complementary goal, this paper aims at generating a new framing for the trust in OI debate, providing several propositions and pointing out future research avenues to push forward the understanding of the topic. To conclude, practical guidelines for interested OI professionals are described to foster trust and enhance its impact in OI contexts
When payment options stand out: Payment option salience on the product page increases purchase likelihood
No full textDisplaying payment option information on the product page is a growing phenomenon we observed in the online retail landscape. However, research falls short in documenting how and why presenting payment option information on the product page influences consumers’ purchase decisions. Across four studies, including field and online experiments, we show that making payment options salient on the product page increases purchase likelihood, because it prompts consumers to engage in mental simulation of the payment process. Online retailer website designs that enhance payment option salience on the product page, such as through the use of logos and prominently visible displays, thus can increase purchase likelihood. However, under high cognitive load the effect can be mitigated. Our findings contribute to the literature by introducing the notion of payment option salience as well as providing insights to the retailers on how to effectively communicate payment option information
Il giudizio nel procedimento per la responsabilità da reato dell’ente tra anomie legislative e indeterminatezza normativa
No full textLa povertà descrittiva della disciplina processuale relativa al procedimento della responsabilità da reato dell’Ente svela la scelta ideologica di introdurre un processo acognitivo che, anche nell’evoluzione della normativa di settore, è venuto ad accreditarsi come strumento di recupero punitivo delle azioni penali fallite. Di qui l’esigenza di letture esegetiche che si orientino verso un processo di razionalizzazione costituzionale della disciplina.The descriptive poverty of the procedural rules governing proceedings for corporate criminal liability, reveals the ideological choice to introduce a non-cognitive process which, even as legislation in this area has evolved, has come to be recognized as a tool for punitive recovery in cases of failed criminal proceedings. Hence the need for exegetical interpretations that are geared towards a process of constitutional rationalization of the rules
Populism and cultural heritage policies: public statues in Europe
No full textCultural heritage is a central domain for key populist themes of threats to national identity and protection of 'the majority' against cosmopolitan, 'wokist' elites. The article explores how differing government discursive strategies towards populism influence heritage policies. It takes the case of contested public statues. In France, the government has adopted a discursive strategy of 'patriotic Republicanism' that reduced the discursive space for contestation and policy has remained largely unchanged. But in Britain and Hungary, governments have increasingly adopted populist discourses, leading to countervailing discursive coalitions, contestation and change in agendas and decisions in both populist and non-populist directions. The proposition developed is that national governments pursuing populist discursive strategies triggers anti-populist discursive coalitions, with contestation and changes in agendas, institutions and individual decisions. Conversely, governments developing their own nationalistic discourses reduces the scope for populist ones but also leads to freezing of existing policies
Divestitures and the proportion of women on firms’ boards: The effect of shareholders and visibility
No full textThis study examines whether and when divestitures impact the gender composition of the divesting firm's board. Building on agency theory and the potentially different interests of shareholders and board members, we argue that the proportion of female directors decreases when firms divest, especially with an increase in ownership by the largest shareholder, who may experience self-interested decision-making and attributional bias. In contrast, the proportion of women on a board may increase for highly visible firms as a result of public scrutiny and legitimacy-enhancing efforts. Using data on 465 divesting and non-divesting US-based firms matched with board information over the 2000–2019 period, we find a negative relationship between divestitures and firms' female board representation. Our results also suggest that divestitures impact boards' gender composition with outcomes that depend on firms' ownership structure and external visibility
La Riforma della Volontaria Giurisdizione: un’occasione da non mancare per una capacità notarile aumentata
No full textL'A. denuncia che un’ansia di sistema(tizza)zione, in luogo della pragmatica ricerca di soluzioni, col malinteso proposito di concorrere
alla funzione condivisa con la magistratura (con tutto il suo carico di sludge), può spingere al fallimento l’importante novità normativa (che vorrebbe invece essere un tipo di nudge legislativo