1,720,984 research outputs found

    La quotazione in borsa delle PMI tra mito e realtà. Il caso del Mercato Alternativo del Capitale (MAC) di Borsa Italia S.p.A

    No full text
    After the analysis of some specific elements about SMEs development and growth and some stereotypes about financial problems of these organizations, the work has the aim of analysing some features of ‘Mercato Alternativo del Capitale’ (MAC), a stock market created by Borsa Italiana S.p.A. and dedicated to SMEs listing. The research provides also a comparison among MAC, Expandi Market (Italian Stock Exchange) and Alternative Investment Market (London Stock Exchange), so as to verify the chances of MAC’s success

    The Role of Web Investor Relations for Mitigating and Manage Stock Exchange Liquidity and Enterprise Risks

    No full text
    The main factor of success of risk management and thus for the company lies in the implementation of an efficient process of risk management based on a systems that optimize the information flow. The Investor Relations Manager plays a key role in the value creation process as a vehicle of information between company and the financial market. In this paper we build a model that helps to explain how the investor relations manager, primarily through internet and company web site, should increase liquidity, support enterprise risks management and thereby boosting value. The aims of this paper is to propose a web investor relations grading outline. In the first part of the article we underline that a growing part of enterprise value depends on investor relations activities. Than we implement a map of the relation between web investor relations - and communication- and different classes of business risk. Overall, our results aim to support the hypothesis that Web investor relations activities improve Stock exchange liquidity

    A cross-cultural perspective of family business groups

    No full text
    Around the world, some of the largest firms in many countries are controlled by family business groups such as Fiat in Italy, Ford in the US, Hutchison Whampoa in Hong Kong, Samsung in South Korea and many others. Further, many family groups have a long history. Although family business groups are a significant and long standing phenomenon in most parts of the world, their resilience to globalization in their use of different organizational structures have received little attention from a cross-cultural perspective. Drawing on our previous work, the study provides a theoretical framework to classify family business groups on the basis of their organizational choices from a cross-cultural perspective

    Mapping family business group from a cross-cultural perspective

    No full text
    For the 10th Anniversary of The Institute for International Integration Studies, special edited volume, The Sutherland Centre Trinity College Dubli

    “WEB 2.0 COMMUNICATION PROCESSES IN ITALIAN LARGE COMPANIES: INCLUSION OR ENCLOSURE?”

    No full text
    The new online applications known as Web 2.0 or Social Media enable the gradual empowerment of consumers and other business stakeholders and contribute to an unprecedented change in the dynamics of social interaction between firms and stakeholders. Social Media are today the most common applications on the Web and appear to be promising tools for building customer loyalty, strong consumer-relationships and creating value. To examine the state of the art of communication policies, the research analyzes whether firms aim to achieve truly inclusive communication processes with the community of customers and investors or whether conversely, the communication process omits including the wealth of knowledge emerging from consumer generated content and investor. In this context the paper investigates whether and to what extent 100 Italian Listed companies use the potential of contacting and procuring stakeholders by means of Web 2.0 tools. Our empirical research could well be considered a core contribution both in terms of practical implications for corporations, public relations management and investor relation not to mention in the academic field

    THE QUALITY OF WEB INVESTOR RELATIONS IN LISTED ITALIAN COMPANIES: MEMBERSHIP IN THE STAR SEGMENT – DOES IT MAKE A DIFFERENCE?

    No full text
    The Internet has influenced corporate communication practices as concerns providing timely, comprehensive and accurate financial information. The paper investigates the quality of investor relation of listed Italian companies. In line with Borsa Italiana which defines STAR the companies with a strong vocation for communication, we aim to verify that such companies actually do communicate better than the others. In this perspective, we consider that the companies listed on the other MTA - Telematic Stock Market- segments of the Italian Stock Exchange, could align the quality of financial disclosure to that of STAR companies as a result of imitative strategies. Our main findings reveal that in the Italian market herding does not characterize the behavior of companies as regards Web Investor Relations (W.I.R.) practices and quality
    corecore