1,720,976 research outputs found
Human rights disclosure and sustainable banking: evidence from Europe and implications for policy
No full textThis paper investigates the nature and quality of human rights reporting and disclosure in sustainable banking and its practices in providing information to stakeholders and assuring sustainability and sustainable development. Thus, this paper aims at analysing what are human rights information reported and disclosed by the banking industry to assure transparency and sustainable practices, drafting corporate transparency, sustainability and responsibility. We used the quantitative methodology based on the statistical analysis to represent the role of human rights disclosure in the sustainable banking. Using frameworks by corporate disclosure theories, we
built our sample of all banks included in the EUROStoxx 600. We developed the regression analysis establishing the relationship between sustainability disclosure and human rights. Our results show achievements in the sustainability reporting and disclosure in representing human rights information by sustainable banking and practices. The positioning of human rights information is directed to increase corporate transparency, corporate responsibility and responsible investments decisions as well as sustainability and sustainable development
The impact of corporate governance on financial performance in professional sports clubs: the Case of Italian Serie A
Full text linkThis paper explores professional football clubs' corporate governance challenges, recognizing them as symptoms of a deeper management crisis. The need for more effective managerial practices within these organizations is evident in the prevailing issues. This study aims to assess how corporate governance quality impacts the profitability and sustainability of Italian Serie A football clubs. Through the analysis of governance variables and financial indicators from the 2018/2019 season, the research identifies crucial factors. These factors encompass the business model, board composition, board age, control bodies, and internal procedure transparency. The results highlight the significant influence of corporate governance variables on club performance and insolvency risk. Enhanced governance quality is associated with higher profitability and viability, even among clubs facing financial difficulties. These findings hold significance for academics, practitioners, and regulators interested in understanding corporate governance practices within the competitive soccer market and their impact on financial performance. Future research should expand the sample and incorporate a comparative analysis of major European football leagues, accounting for varying legal frameworks. Moreover, the repercussions of the COVID-19 pandemic on the football industry must be considered in forthcoming investigations. The pandemic's financial consequences will likely differ based on each club's business model, international reputation, financial structure, and governance approach
The value relevance of involuntary disclosure: first evidence from listed companies operating in the food industry
No full textThis research aims to investigate the issue of corporate involuntary disclosure that is generated through social media, which are considered drivers for the spread of companies' intellectual capital value to the various parties to whom external company disclosure is addressed. Defining whether companies' involuntary disclosure is value relevant for stakeholders and, primarily, for investors, emerges as a relevant element for this research to understand how companies need to strategically invest in the social media management to improve new forms of disclosure. Social media involuntary disclosure is measured by popularity metrics related to the companies' social media profiles and we want to analyse empirically if these popularity metrics affect companies' financial performance and provide useful information for investors' management decision affecting the corporate disclosure landscape. The research provides both a systematic literature review and an empirical study in the context of European food listed companies to enrich previous conflicting literature results
The strength of weak rings: Teams performance measurement and management in sport
No full textThe paper investigates the issue of team performance measurement and management in the self-styled ring organizations. The objective is to demonstrate whether, within a team, there are individuals who are able to influence to a greater extent an organi-zation's results and whether there are performance parameters that allow the identi-fication of such individuals. The research was conducted through the application of the O-ring theory's theoretical framework in the context of the football clubs. The research method used is exploratory, with an empirical analysis based on two distinct research steps aimed at ascertaining which individual within a team is able to affect the team performance the most. The results of our research, deriving from a correla-tion analysis, propose to the scientific community and to chiefs who manage ring organizations a performance measurement model where greater weight must be given to the risk deriving from the weak link's possible inefficiencies and inadequate performance. Starting from the analysis of football clubs, we intend to challenge previous famous theories and to a certain extent the relevant literature on team per-formance management in specific kinds of companies that present a high degree of interdependence between the individuals who compose them
Creating value by corporate anti-corruption models: an empirical analysis in the Italian scenario
No full textThis paper aims to identify the main issues and drivers of sustainable corporate governance to prevent corruption and increase the profitability of companies, through the drafting of corporate organizational models, highlighting exploratory evidence from the corporate sample. This document is based on two phases. First, the analysis is aimed at understanding any link between the adoption of an organisation, management and control model pursuant to Legislative Decree 8 June 2001, no. 231 and company performance. The survey was carried out with reference to a sample of companies operating in the construction sector. We have therefore tried to demonstrate whether the companies in possession of the so-called "231 model" present higher profitability than the same companies in the sector, which on the contrary have decided not to adopt this model. Secondly, the research method of content analysis is applied of the corporate organizational models that have adhered to the drafting of the documents on the sample of companies. It was investigated whether companies operating in the construction sector, which adopt an organizational model, have higher performances than companies which do not adopt an organizational model in line with the Italian legislative decree 231, and whether there is a correlation between the adoption of a "complete" organizational model in line with Italian Legislative Decree 231 and company performance. This paper proposes not only the analysis of sustainable compliance models of Italian companies to prevent corruption and profitability in their corporate governance, but shows the path for future research on the topic
Sustainability and intellectual capital in professional sports: an analysis of the esg performance impact on the intangible assets of european football clubs.
No full textCrisis management in Sports Enterprises. An analysis on the role of female top managers
No full textThis study explores the role of women in top-level management positions in effectively managing and navigating corporate crises. The primary objective is to examine how gender differences influence the perception of crisis susceptibility and preparedness in sport-based entrepreneurship within organiza- tional settings. Specifically, the research aims to investigate the actions, decision-making processes, abilities, and opportunities women can leverage to steer businesses during times of crisis.
A single case study approach was employed to answer the research question, focusing on the basketball club "Virtus Cassino" competing in the Italian national Serie B basketball championship. Semi-structured interviews were conducted with the female entrepreneur, and various sources such as strategic busi- ness documents, the club's website, and press articles on Virtus Cassino were analyzed. The female entrepreneur's role is a crucial aspect of the analysis, as she represents both the subject of study and a strategic management model for crisis management. The frameworks proposed by Ratten (2011) and Ahonen (2019) were utilized to test the research findings and achieve the research objectives. Addition- ally, the research results were triangulated to ensure data integrity and reliability.
This paper contributes to the literature on gender and crisis management by presenting a strategic man- agement model for crisis management in sports entrepreneurship guided by a female entrepreneur. The research findings also enrich the literature on sport-based entrepreneurship and entrepreneurship the- ory, as they identify the strategic levers of crisis management under the leadership of a female entre- preneur. These levers encompass various elements, including intangible factors such as the manager's entrepreneurial skills, the cultural background of the stakeholders, and the relationships established by the sports club with fans and industry professionals. This model offers insights into the valuable role women can play in overcoming managerial crises, even within sports enterprises
The impact of gender diversity to achieve the ESG performance: an empirical. Analysis in the fashion and beauty sector
No full textThis study investigates the correlation between gender diversity and the attainment of ESG (Environmental, Social, and Governance) objectives within the fashion and beauty sector, using the ESG Perception Index (Cambrea et al., 2023) as an evaluative tool. The importance of ESG factors has grown significantly across industries, with stakeholders demanding sustainable practices and responsible resource management. The fashion and beauty industry, given its vast audience and global impact, is no exception. In academia, the integration of ESG factors in this sector has been extensively analysed, focusing on ethical implications and sustainability (Niinimäki et al., 2020).
Environmental sustainability in fashion necessitates rethinking production and consumption models towards circular practices (Niinimäki et al., 2020), while social sustainability demands fair working conditions throughout the supply chain (Joergens, 2006). Governance in this industry can positively influence sustainability practices (Henninger et al., 2016). ESG initiatives are seen as adding value to fashion and beauty companies by enhancing brand image, fostering innovation, and bolstering long-term resilience (Klettner, et al., 2014). Research, such as that by Eccles, Ioannou, and Serafeim (2014), indicates a positive correlation between sustainable practices and financial performance.
This study particularly examines female leadership dynamics, board gender diversity, and corporate diversity policies (Cosentino and Paoloni, 2021) to understand their impact on the ESG Perception Index and corporate sustainability. Empirical methodology, involving data collection and statistical analysis (Dal Mas and Paoloni, 2020), is employed on a representative sample of fashion and beauty companies. Initial findings suggest that companies with greater gender diversity perform better on the ESG Perception Index (Gurol and Lagasio, 2023) and that women in decision-making roles positively affect ESG perception (Issa and Hanaysha, 2023).
The novelty of this study lies in its focus on the ESG Perception Index and its analysis of the link between gender diversity and ESG objectives in the fashion and beauty sector (Nicolò et al., 2022). While acknowledging limitations such as sample size and representativeness (Wan Mohammad et al., 2023), preliminary results indicate a positive influence of gender diversity on the ESG Perception Index in this industry. This underscores the importance of inclusive policies and diverse leadership for enhancing sustainability perceptions and achieving long-term benefits in reputation and financial performance, as measured by the ESG Perception Index (Yadav and Prashar, 2023)
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