1,720,968 research outputs found
Impact of environmental, social, and governance information on economic performance: Evidence of a corporate 'sustainability advantage' from Europe
Get PDFBoth UN Agenda 2030 and the Directive n. 2014/95/EU have recently promoted a marked improvement in sustainability disclosure, especially for larger companies or groups. Starting from this premise, we carried out an original study on the financial materiality of the E-S-G (environmental, social and governance) information of primary companies listed on major European indices in Belgium, France, Germany, Italy and Spain (BEL, CAC, DAX, FTSE-MIB, IBEX). Within the Stakeholder Theory and the Corporate Social Responsibility (CSR)-Corporate Social Perfomance (CSP) framework, our empirical analysis examined the impact of non-financial results (assessed through sustainability indicators) on economic (financial and market) performance in the timespan 2014-2017. We propose a different approach from previous studies, based on a PLS (Partial least squares)/SEM (Structural equation modeling) methodology together with the unprecedented consideration of "ESG" measures (Environmental, Social and Governance), either absolute (scores) or relative (extra-performance over industry sector). We find that, despite the absolute level of the individual ESG scores not being impactful, the "distance" from the industry average-normal figures (excess or abnormal ESG performance) is positively relevant, collaterally revisiting the notion of competitive advantage in sustainability terms. Corporate size is shown to be a significant background factor (as slack resources proxy). Social, environmental and governance responsibility (to all stakeholders) appear to be important as a competitive factor of the modern firm
Il bilancio di genere nella non financial disclosure della Pubblica Amministrazione. Evoluzione normativa e ruolo della Ragioneria Generale dello Stato.
No full textLa tematica della parità di genere ha registrato, nel recente passato, un crescente interesse nella comunità scientifica che ne ha esaminato i riflessi e le principali criticità nelle differenti prospettive in cui essa può essere concretamente declinata (si pensi, a titolo meramente esemplificativo, ai profili sociologici, giuridici ed economici). Il presente capitolo persegue l’obiettivo di approfondire l’evoluzione della gender disclosure nella contabilità generale dello Stato, nonché di esaminare il ruolo di coordinamento svolto dalla Ragioneria Generale dello Stato. Più precisamente, prendendo spunto dai recenti provvedimenti emanati dal Legislatore nazionale (unitamente ai correlati decreti attuativi pubblicati dai Ministeri di competenza), il focus dell’analisi verte sull’iter legislativo che ha introdotto – in via sperimentale – il bilancio di genere nell’ambito del bilancio dello Stato, incentivando, nel contempo, la valorizzazione delle azioni finalizzate al contrasto delle disuguaglianze e al superamento dei divari tra uomini e donne. Nel dettaglio, la prima sezione (par. 1.2) inquadra la tematica delle non financial information rispetto alla strategia aziendale e alle politiche di disclosure. Il successivo paragrafo (par. 1.3) fornisce una sintesi delle principali forme di disclosure sociale applicate alla rendicontazione di bilancio anche nella più ampia “prospettiva sociale” del governo aziendale (dimensione politica, strategico-organizzativa, contabile, ecc.). Il lavoro esamina successivamente (par. 1.4) l’evoluzione della normativa - emanata prevalentemente nell’ultimo quinquennio - finalizzata a dare attuazione al sistema di rendicontazione di genere nell’ambito della contabilità generale dello Stato. La parte finale (par. 1.5) analizza il ruolo (di coordinamento) del Dipartimento della Ragioneria Generale dello Stato nel percorso di formazione (e di interpretazione) del bilancio di genere applicato alla contabilità di Stato
A Theoretical Framework for Corporate Delistings: Governance Changes and Value Dynamics.
No full textGoing Private and Going Dark Strategies: Literature Review and Directions for Future Research.
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Gli effetti delle strategie di delisting societario sui meccanismi di governance e di creazione di valore aziendale. Analisi empiriche e esperienze a confronto
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Going Beyond Counting First Authors in Author Co-citation Analysis
Get PDFThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Get PDF“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Get PDFWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
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