279 research outputs found
The Institute for Religious works: key features of financial intermediation
No full textCorresponding author: F. Arnaboldi, email: [email protected]. While the paper is the result of intense collaboration between the two authors, sections 3 is attributable to F. Arnaboldi and section 1 and 2 to B. Rossignoli. Section 4 is a joint effort. The authors wish to thank P. Mottura and two anonymous referees for their valuable comments. All errors are ours. Article peer reviewed.SUMMARY: 1. Introduction – 2. Background to anti-money laundering – 3. Financial intermediation, 2011–2014 – 4. Conclusion
Integrated reporting and analysts’ earnings forecast error: empirical evidences
No full textThe external corporate reporting is currently debated both in professional and academic contexts, given the misalignment between information provided by companies and real information needs from investors and other stakeholders (de Villiers et al., 2017; IIRC, 2017). Such misalignment seems to be reducible by the integrated report (IR), as proposed by the International Integrated Reporting Council (IIRC). Such report, that is already mandatory in some countries, is raising rich interest from scholars and practitioners: several companies around the world are already preparing their IR. Emerging literature on IR and capital markets shows that IR adoption is beneficial to the investment community (Barth et al., 2017; Kim et al., 2017; Zhou et al., 2017). However, capital market benefits are associated with the first adoption of the IR, while there are no evidence about the extension of such benefits over time. The current study tries to address this gap and investigates the usefulness of the IR to durably provide information suitable to reduce analysts’ earnings forecast error in a long run. In other words, the research explores whether the analysts’ attention to the IR is just fashion or if the benefits in transparency are durable
Corporate governance and enterprise risk management: Evidence from SMEs
No full textEnterprise Risk Management (ERM) has received little research attention in the context of Small and Medium Enterprises (SMEs) even though SMEs may benefit from it at least as much as large companies. This study aims to contribute to the existing literature by investigating the role of Corporate Governance (CG) in fostering (inhibiting) ERM within the SMEs context. The empirical study is based on a survey questionnaire submitted to a sample of Italian SMEs. Drawing on previous studies, a holistic measure of ERM is developed relying on risk identification, assessment, and monitoring. SMEs’ CG features are depicted in terms of ownership (family versus non-family owned business), board of directors (collective board versus sole director) and managers (presence of external versus internal managers). Main results indicate that the absence of the family ownership and the presence of a board of directors are effective drivers of the ERM development in the SMEs context whilst the presence of external managers is not significant. Additional tests focused on the single ERM components confirm the main results. The research has both theoretical and practical implications shedding light on the fundamental role played by CG features in shaping ERM practices in the SMEs context
Historia sacra de la ilustrissima Legion Tebea / compuesta por ... Guillelmo Baldesano ... ; traduzida de italiano en lengua castellana por don Fernando de Sotomayor
No full text[4], 213, [11] f. ; 4º (20 cm). — Guglielmo Baldesano és pseudònim de Bernardino Rossignoli. — F. KKK4 en blanc, signatures: *, A-Z, Aa-Zz, Aaa-Iii, KKK4. — Post. impr. — Gravat Jesucrist a la creu a port., capll. i altra orn
New Distribution Models for Financial Services : The Italian Banks’ Approach To On Line Trading Development in Italy
No full textStudi organizzativi e sistemi informativi aziendali. Convergenze, percorsi di ricerca e strumenti di intervento
No full textLa ricerca e l’insegnamento nel campo dei sistemi informativi aziendali svolgono nel nostro Paese un ruolo importante giocato non solo dalle università, ma anche da altri attori coinvolti nei processi di diffusione delle conoscenze e delle esperienze eccellenti. L’importanza è direttamente correlata al ritardo, rispetto ad altri Paesi concorrenti, con il quale il nostro sistema economico pare riuscire ad utilizzare questi sistemi per migliorare la propria produttività e la propria competitività. Le evidenze di ciò sono ampiamente documentate nel volume. I sistemi informativi nelle imprese devono e possono contare di più: essi rappresentano un elemento indispensabile per la trasformazione digitale dei processi dell’azienda. Una trasformazione che dovrebbe consentire di migliorare la velocità, l’accuratezza e la trasparenza con la quale le imprese operano e si relazionano con il proprio ambiente. Lo sviluppo necessario in questa direzione deve cominciare anche nelle aule dove si formano le prossime generazioni di manager ed operatori economici (...
Business Model Innovation Toward Sustainability: A Case Study in Outdoor Fitness Equipment
No full textA novel competitive landscape requires managers to innovate business models. Drawing on a theoretical framework that classifies Business Model Innovations (BMI), the paper contributes to the literature studying business model innovation toward sustainability in outdoor fitness equipment (OFE). The OFE is an empirical setting worth investigating because emerging trends disrupt the fitness industry. The Pandemic has shifted how these firms deliver their services. The concept of wellness has evolved from “being in shape” to “achieving a well-being state,” which includes mental, spiritual, and physical health. Differently from the pre-pandemic period, consumers’ focus is on feeling better rather than looking better physically. Relying on a case study approach and using multiple semi-structured interviews, the paper offers empirical evidence of BMI in the OFE. The company innovated its business model (BM), embracing novelty and differentiation and moving from rethinking customer segmentation. Further, the case shows how BMI widens value creation toward a sustainable path, generating social and environmental value. The value chain and the company's ability to partner with its suppliers are pivotal. While the challenges generated by changes in customers’ habits trigger the BMI, the suppliers’ know-how and alignment with the company’s value proposition drove the innovation toward a SBM. The paper contributes to the literature on BMI and SBM. The evidence allows future research to explore how partnerships among companies operating along the same value chain emerge for the sake of the BMI toward sustainability. Practical and managerial implications are offered
Five for Foundry
No full textIl capitolo espone il caso Five For Foundry mettendo in luce i punti di forza competitiva sviluppati dal network di impres
Financial innovation: theoretical issues and empirical evidence in Italy and in the UK
No full textBank, Innovation, Technology, G21, O32, O33,
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