1,721,362 research outputs found
Directorio de misas de noviembre de 1775, formada y escrita por fray Francisco de la Rosa F.: México, 1176-1777.
No full textDirectorio de misas de noviembre de 1775, formada y escrita por fray Francisco de la Rosa F.: México, 1176-1777
Responsabilità morale e responsabilità amministrativa: ulteriori riflessioni sul caso Parmalat
No full textUn’analisi delle relazioni tra la struttura finanziaria e il costo del capitale nelle aziende del distretto cartario lucchese. Alcune evidenze empiriche
No full textLa creazione di valore economico, come noto, è condizione per la sopravvivenza e lo sviluppo delle unità aziendali operanti nei diversi contesti economici. Lo studio dell’attitudine delle aziende a creare valore presuppone l’osservazione della redditività e del costo delle fonti di finanziamento. Ragionando secondo la logica del coeteris paribus, appare evidente come il valore creato da qualsiasi unità produttiva cresca al diminuire del costo del capitale investito. Il costo del capitale, peraltro, è una grandezza che risulta influenzata dall’agire composito di alcune variabili, tra cui, in primis, quelle riferibili al rischio operativo e finanziario. A parità di rendimento del capitale, dunque, i suddetti rischi costituiscono le principali leve (driver) su cui agire allo scopo di contenere il costo del capitale e, quindi, di massimizzare il valore dell’azienda.
Il presente lavoro si basa sull’analisi del secondo driver di valore citato, ossia il rischio finanziario. Con esclusivo riferimento all’aspetto sopra delineato, la ricerca mira ad individuare gli effetti della politica finanziaria sul costo del capitale. A tale scopo, è stata condotta un’indagine empirica su un campione di aziende appartenenti al distretto cartario lucchese (cartiere e cartotecniche, che operano per la realizzazione di carta tissue) con riguardo ai periodi amministrativi del triennio 2004-2006. Dai bilanci riclassificati e dalle informazioni acquisite, sottoponendo specifici questionari alle aziende campionate, sono state determinate le variabili necessarie per la stima del costo medio ponderato del capitale, ottenuto, per quanto attiene al costo del capitale proprio, mediante l’impiego del Capital Asset Pricing Model (CAPM).
I risultati della ricerca sono stati utilizzati per osservare le variazioni sia del costo delle singole fonti di finanziamento (capitale proprio e capitale di debito) sia del rapporto tra ciascuna delle suddette fonti di finanziamento e il capitale investito, al variare del rapporto di leverage. In termini più generali, dunque, l’indagine condotta mira a delineare alcune conclusioni relative alla variabilità del costo medio ponderato del capitale (nel linguaggio anglosassone WACC) in relazione al mutamento della struttura finanziaria
Does corporate and country corruption risk affect CEO performance? A study of the best-performing CEOs worldwide
No full textBy combining upper echelon theory with meso theory of management, this study investigates the relationship between both corporate and country corruption risk and the performance of CEOs, while controlling for a set of individual-level variables. We used a sample of 455 observations related to 249 listed companies from a list published by the Harvard Business Review of the world's best-performing CEOs, in both developed and emerging countries, over the 5-year period between 2013 and 2017. We implemented hierarchical linear models in a three-level approach based on country- (macro), firm- (meso), and individual-level (micro) variables. We found that corporate corruption risk negatively impacts CEO performance, although this relationship is also significantly moderated by the corruption risk at the country level. Our results support the view that corporate corruption prevention devices play a strong governance role in countries with high corruption risk. By exploring the interplay between these macro- and meso-factors in explaining the micro-level of CEO performance, our paper aims to build a contextualized meso-theory of corruption risk
Preguntó (que) si qué quería: si como operador interrogativo en español vernáculo
Full text linkThis article studies the syntactic of embedded questions in some vernacular varieties of contemporary Spanish. These structures are characterized by the anti-normative use of si (if)conjunction, optionally preceded by que in some dialects, to introduce partial or wh-questions (me preguntó (que) si qué quería: ‘(s)he asked (that) if what I wanted’). Based on cases extracted from the “colloquial written record”, the article analyzes the sentence structure of these sequences and their areal distribution in third-millennium Spanish. As much as they are, due to their genesis or their frequency, marginal constructions, these schemes reveal the appearance of an interrogative operator in the functional configuration of indirect questions.The study confirms that nonstandard varieties significantly manifest covert categories of Spanish grammar and encourages to review traditional hypotheses about embedded questions
Determinants and consequences of the Anti-mafia entrepreneurial behavior: an empirical study on southern italian small-medium entreprises
No full textIn this study we question what determinants lead firms to adopt anti-mafia behaviors and whether firms adopting anti-mafia behaviors “pay the piper” for their conduct through reduced financial performance. A sub-sample of 111 Southern Italian Small and Medium Enterprises whose entrepreneurs have publicly opposed the mafia extortion was initially selected. By adopting a matched-pair design, anti-mafia firms were subsequently matched against a sub-sample of neutral firms. Determinants of anti-mafia behavior were investigated by using a regression logistic model in order to regress the anti-mafia choice on a set of financial, demographic, governance, and control variables. Performance and financial structure was compared by adopting both different “between analysis” of the full sample and a “within analysis” of the sub-sample of the anti-mafia firms in order to investigate the statistical significance of the differences of means and medians. Results show that the financial variables are the more significant determinants of the anti-mafia behavior, while the analysis performed seem to confirm that anti-mafia behavior implies lower performance in the short term
Manuscrito de Fr. Francisco A. de la Rosa F. sobre la revisión de las Obras pías del convento de San Antonio de Texcuco. (México, febrero 1773).
No full textManuscrito de Fr. Francisco A. de la Rosa F. sobre la revisión de las Obras pías del convento de San Antonio de Texcuco. (México, febrero 1773)
Reflexiones de Fr. F. A. de la Rosa F. Sobre patronatos, reformas de legados y obras pías y reducciones de misas. Fs. 4-10 en blanco. (México, 177...).
No full textReflexiones de Fr. F. A. de la Rosa F. Sobre patronatos, reformas de legados y obras pías y reducciones de misas. Fs. 4-10 en blanco. (México, 177...)
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe 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
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