5358 research outputs found
Sort by
I programmi stock connect e l'apertura dei mercati azionari cinesi
No full textThis article will describe the characteristics and peculiarities of the two programs that allow foreign investors, including individual investors, to have access to Chinese stock markets: Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. Specifically, the article will examine the Northbound channels used by Hong Kong brokers to buy A-shares and the Southbound channels used by Mainland investors to buy the securities listed on The Stock Exchange of Hong Kong, outlining the common provisions and typical features. Lastly, we will mention the opportunities and benefits that Chinese stock markets offer to global investors in terms of portfolio diversification
How governance mechanisms in family firms impact open innovation choices: a fuzzy logic approach
No full textThe inbound open innovation (OI) process consists of the opening of the innovation funnel to the contribution of external partners, with the aim of tapping into their knowledge. This opportunity is particularly valuable for family firms (FFs), which often have insufficient resources. However, the literature on the OI behaviour of family firms is not conclusive. Indeed, both the behavioural theory (BT) and the resource‐based view (RBV) posit negative and positive outcomes regarding openness choices in FFs. We claim that these contrasting results can be reconciled if, according to the literature, FFs are seen as a heterogeneous breed, whose differences are determined by different levels of participation of non‐family members in the governance mechanisms. Indeed, non‐family members can act in favour of OI. However, previous literature has failed to satisfactorily grasp the nuances of this heterogeneity. We suggest that it is necessary to adequately operationalize the heterogeneity concept by means of fuzzy logic. We conducted a survey on 178 Italian FFs. Results show that the involvement of non‐family members affects the extent to which firms draw on knowledge from external partners. Specifically, the higher the involvement of non‐family members, the more there is collaboration with vertical partners along the supply chain
Can there be one meaning of "measurement" across the sciences?
No full textThe International Vocabulary of Metrology (VIM) gives the following definition of "measurement": "process of experimentally obtaining one or more quantity values that can reasonably be attributed to a quantity". In pursuit of a common understanding of measurement, we explore this condition of reasonableness across the sciences, asking in particular whether there are common features of the structure of measurements in different fields of study that could meet this criterion. We propose that a general sufficient condition for measurement is that it is an experimental process of evaluation of empirical properties that produces explicitly justifiable information, which, we argue, is consistent with characterizations of science and epistemology more generally.2-5 July 201
I costi dell'arbitrato
No full textThe issue of costs has become increasingly important in arbitration: costs are not only an economic consequence of arbitration; they are part of the arbitration process with a growing relevance for the strategies of parties involved in arbitration and their counsels. The issue of costs may be analysed from a variety of perspectives. The first one is "how and how much" parties should pay for the arbitral proceeding and deals with specific cost items such as arbitrators' compensation, administrative fees of the institution, expenses for expert witnesses and legal costs. It is also relevant to point out that, beyond the peculiarities of each of these cost items, the difference between ad hoc and institutional arbitrations significantly influences the whole regime of costs. Another relevant question related to the issue of costs is "who" should pay for the arbitration and, accordingly, the rules governing costs allocation between the parties are thoroughly. The third and more constructive enquiry concerns the factors and techniques for saving and reducing costs and time of the arbitral proceedings. Given the importance that third party funding has acquired in the last decades, a short mention is made about financing mechanisms in which a third party covers the costs incumbent upon a party in the arbitral proceeding. This practice, well developed in international arbitration, is now emerging also in the domestic context, raising new issues related to disclosure and conflict of interests
Alcuni casi di contenzioso in materia successoria in Common law
No full textNella presente rassegna mensile di giurisprudenza internazionale si affrontano alcune questioni successorie nelle giurisdizioni di common law, in particolare per quel che concerne il rapporto tra gestione dell’azienda familiare e predisposizioni testamentarie, nonché in materia di diritto applicabile in una successione transfrontaliera
Eurasia's extreme lands, marginal human habitats and large-scale infrastructure development: critical interdisciplinary reflections
No full textThe marginal human habitats in the extreme lands represent a complex and unique context of multiple challenges: isolation from the economic main-stream, logistic difficulties, threats to local livelihoods due to climate uncertainties and environmental changes, risk of being under the crossfire of competition and tensions for natural resources and trade corridors, outbound migratory move-ments and so on... Even the World's most remote corners are impacted by global economic dynamism such as growing demand of natural resources, increasing alignment of local and international markets, and the expansion and overlap of global supply chains, and large-scale infrastructures development. In addition to all this, there are new challenges related to climate uncertainty with serious impli-cations for life and livelihoods in the marginal human habitats. This applies to all marginal but historically inhabited places on Earth, in all regions — developed, de-veloping and under-developed. Therefore, a holistic interdisciplinary approach is required to draw strategies of sustainable development in the extreme lands.16–19 April 201
Brexit, sospensione del Parlamento illegale: il testo della sentenza della Corte Suprema
No full textLa decisione della Corte Suprema britannica R. (on the application of Miller) v The Prime Minister; Cherry and others v. Advocate General for Scotland [2019] UKSC 41) ha dichiarato nulla la prorogation di cinque settimane imposta dal Primo Ministro britannico al Parlamento. In questo contributo si analizzano sommariamente le ragioni di natura costituzionale addotte dai supremi giudici e il rapporto tra democrazia parlamentare e democrazia diretta
