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ESG performance, corporate governance mechanisms, and ESG risk rating: Evidence from Europe
Companies have started integrating their Environmental, Social, and Governance (ESG) objectives into their corporate strategy and managerial decision-making processes to enhance ESG performance. Pursuing sustainable business practices is meant to generate reputational and social capital, thereby reducing firm risk. Furthermore, the sustainability committee and ESG-linked executive compensation represent corporate mechanisms that may align and monitor stakeholders’ interests. These should, in turn, reduce stakeholders’ external evaluation of companies’ ESG risks. Therefore, this study investigates whether companies’ ESG performance and corporate governance mechanisms, including ESG-linked executive compensation and the sustainability committee, negatively affect companies’ ESG risk rating. We adopt a quantitative research method on a sample of 304 EU-listed companies to test our hypotheses. Our findings show that the ESG risk rating decreases for higher ESG performance. It is also lower for companies that have appointed the sustainability committee. Our research contributes to the ESG and governance literature by proving that ESG performance and the sustainability committee are significant drivers in meeting stakeholders’ demands and expectations. Stakeholders indeed reward those companies with lower ESG risk ratings
The 'controlled growth' of Catholic Ecumenism under the Holy See of Pius XII: From Amsterdam 1948 to the 'Instructio Ecclesia Catholica'
(2025): S. Marotta, The 'controlled growth' of Catholic ecumenism under the Holy See of Pius XII: from Amsterdam 1948 to the
Ecclesia Catholica instruction, in: A. Melloni (dir.), A History of the Desire for Christian Unity. Ecumenism in the Churches, vol. 2,
Brill 202
Due note laurenziane
La prima parte del contributo propone una nuova lettura della rubrica del sonetto «Tu eri poco inanzi sì felice» di Lorenzo de’ Medici, dove la «S.» dei testimoni andrà riferita a S(imonetta) Cattaneo, come anche suggerisce un brano dell’Anima peregrina del frate domenicano fiorentino Tommaso Sardi. La messa in luce del legame amoroso fra il duca di Calabria e la «bella Simonetta» obbliga a posticipare la composizione del sonetto a dopo il 1469, e il medesimo si può affermare anche per il vicino sonetto del Canzoniere «Bastava avermi tolto libertate».
La seconda parte dell’articolo esamina un nuovo testimone parziale del Comento de’ miei sonetti dello stesso Lorenzo de’ Medici, il codice 850626 del Getty Center for the History of Art and the Humanities di Santa Monica, collocandolo nei piani alti dello stemma codicum già disegnato per il prosimetro.The first part of the paper proposes a new reading of the rubric of the sonnet «Tu eri poco inanzi sì felice» by Lorenzo de’ Medici, where the "S." of the witnesses will refer to S(imonetta) Cattaneo, as also suggested by a passage from the "Anima peregrina" by the Florentine Dominican friar Tommaso Sardi. The highlighting of the love bond between the Duke of Calabria and the «beautiful Simonetta» obliges the composition of the sonnet to be postponed until after 1469, and the same can also be said for the nearby sonnet of the "Canzoniere" «Bastava aver aver tolto libertate».
The second part of the paper examines a new partial witness of Lorenzo de’ Medici’s "Comento de' miei sonetti", the codex 850626 of the Getty Center for the History of Art and the Humanities in Santa Monica, placing it in the upper floors of the stemma codicum already designed for this prosimeter
La “crescita controllata” dell’ecumenismo cattolico sotto la Santa Sede di Pio XII: da Amsterdam 1948 all’istruzione Ecclesia Catholica
2025): S. Marotta, La “crescita controllata” dell’ecumenismo cattolico sotto la Santa Sede di Pio XII: da Amsterdam 1948
all’istruzione Ecclesia Catholica, in: A. Melloni (dir.), L’unità dei cristiani. Storia di un desiderio. XIX-XXI secolo, vol. 2, Il Mulino
Language Policy in Japan: Modernity, Modernity Maintenance, and Late Modernity
Japan was the first Asian country to modernize its languages, setting thereby a model for other Asian nations to follow. The sociolinguistic problems Japan had to confront differed in three important ways from European language modernization. Firstly, the Japanese language is structurally and pragmatically different, thereby presenting problems not faced in other language modernization efforts. Secondly, the Japanese writing system and the relation between written and spoken languages required original solutions. Thirdly, Japan had to overcome the pessimistic view that dominated at the end of the twentieth century. At the time, it was widely thought that only Western languages could be carriers of modern thought
Le giornate ecumeniche di Chevetogne
S. Marotta, P. De Mey, Le giornate ecumeniche di Chevetogne, in: A. Melloni (dir.), L’unità dei cristiani. Storia di un desiderio.
XIX-XXI secolo, vol. 2, Il Mulino
The Water Wheels of Lizzafusina: Technological Innovation, Patenting and Practical Necessity in Sixteenth-Century Venice
One of the largest and most economically vibrant of early modern European cities, Venice was uniquely dependent on rainwater capture for all of its freshwater needs, which fed thousands of underground well-cisterns located in the city’s public squares (campi), courtyards, private houses and religious institutions. Given the vagaries of rainfall throughout the course of the year, the heavy demands of certain trades and manufactures, and the city’s increasing population, these had to be regularly topped up by barge loads of fresh water brought across the lagoon from the River Brenta and poured into them. This arduous task was undertaken by the city’s watermen (acquaroli). The trade of waterman was essentially a menial one, engaged in the arduous task of loading, transporting and unloading these fresh water supplies. And yet, at the loading end in particular, the watermen relied on increasingly sophisticated water-wheels, designed and produced by a series of competing inventors during the sixteenth and early seventeenth centuries.
Using a range of archival and printed sources, this article focuses on the devices used to deliver water to the watermen’s barges, the State-encouraged competition this engendered on the part of inventors, and the designs, technologies, and strategies employed. The applicants pitched their patent proposals to make them more compelling to the Venetian authorities (the first to establish a procedure for the patenting of inventions), itself keen to meet particular local needs, concerns and requirements. In particular, the article argues that although the applicants used the language of innovation and originality, in fact practical considerations were just as significant in shaping their endeavors. More generally, we shall see how the Venetian example compares with patenting processes elsewhere in sixteenth-century Europe, especially in terms what it reveals about the status of the petitioners, contemporary notions of expertise, the flows of knowledge, and the role of the State
Nuove osservazioni sulla circolazione monetaria a Camarina nel II e I secolo a.C.
A re-examination of the coins found during archeological excavations in the Agora of Camarina, both those already published in 2004 (Lucchelli 2004 et alii) and a small group of pieces kept in the Museo Archeologico Regionale of Syracuse studied in 2019, has led to a partially different reading of the monetary history of this ancient Greek colony in the period after the Second Punic War.
In 2004 it was suggested that the monetary circulation at Camarina during the 2nd century BC remained intense until after the middle of this century, but now, considering that the chronology of a number of coinages traditionally dated to 2nd century BC is quite unclear, but that in many cases these coinages probably belong rather to the last years of the 3rd (Carroccio 2004; Puglisi 2009), it seems better to interpret the available evidence in a different way.
Actually, the number of coins found at Camarina that can be assigned with a sufficient degree of certainty to the 2nd century is remarkably low, that is 11 Roman Republican coins (as well as other 14 Roman coins that are so poorly preserved that an identification is impossible and that therefore could be partly, but not necessarily dated to this period) and about thirty coins of Italian (i.e. Rhegium) or Sicilian cities (they are above all issues of Syracuse), out of a total of 1073 coins.
If it is relatively easy to ascertain the quantity of coins produced in the 2nd century among the coin finds at Camarina, much more difficult it is to estimate how many coins of the 3rd century were still available in the circulation during the following century. Unfortunately the peculiar archaeological situation of the Agora of Camarina doesn’t allow to get a clear idea of the association of coins found on this site (anyway, there is no evidence of any 2nd century coin deposit).
The comparison with the situation in other ancient centres of Sicily (e.g. Morgantina or Monte Iato; Buttery 1989 et alii; Frey-Kupper 2013) and with the few hoards that have been reliably studied shows that quite a lot of 3rd century coins could be potentially available after the Second Punic War in Sicily, but, all considered, one should conclude that it seems rather improbable that a great number of “old” coins survived for many decades at Camarina in the 2nd century, in a context where the inflow of new coins was extremely limited.
In conclusion, it seems that the end of the Second Punic War marked a decisive change in the monetary history of Camarina and that afterwards the city was rapidely marginalized in respect to the general coin circulation of the Roman Sicily
O skreśleniach w procesie twórczym
"The cancellations in the creative process"
The cancellations are a key phenomenon in the process of the genesis of a work, and has a significant place in the methodology of genetic criticism, as it was developed by the researchers of the ITEM group. The paper presents the classification of cancellations developed by Grésillon and de Biasi. Finally, the author analyzes two typologies of deletions: cancellations in the last phase of genesis, and cancellations with substitution with the antonym of the deleted word
The Ecumenical Study Days of Chevetogne
This contribution offers a substantial analysis of the work of the first international association of Catholic ecumenists, the Catholic Conference for Ecumenical Questions, which organized nine consultations in between 1952 and 1963 under the leadership of its secretary, Johannes Willebrands. After sketching the complex history of the creation of a workable structure for the CCEQ, the attention goes to its two major achievements, which chronologically follow one another. Sections 2 and 3 show how the CCEQ has made an attempt to provide a Catholic response to themes of interest to the World Council of Churches. Sections 4 and 5 demonstrate how the CCEQ and its board through the composition of a position paper on Christian unity and through the organization of the 1960 and 1961 conferences contributed to the renewal of Roman Catholic ecclesiology and ecumenism. The final section describes the attempts of CCEQ to organize interconfessional meetings of theologians