1,720,994 research outputs found
Assicurazioni vita : quale impatto della crisi sulla performance ?
No full textNel corso dell’ultimo decennio il settore assicurativo è stato contraddistinto da numerosi cambiamenti, fra cui rileva il sempre maggior peso assunto dalle banche (bancassurance). Per indagare la dinamica dei portafogli assicurativi, ed evidenziare eventuali differenze fra compagnie assicurative tradizionali e operatori di emanazione bancaria, sono state condotte un’analisi univariata e un’analisi di regressione volte a individuare le determinanti della redditività. Durante la recente crisi è emerso un peggioramento delle condizioni reddituali, ascrivibile principalmente alle compagnie di matrice bancaria che hanno registrato pesanti perdite, a fronte di risultati economici marginalmente positivi del comparto assicurativo tradizionale. Le compagnie di matrice bancaria mostrano però punti di forza quali la capacità di modificare in tempi brevi e per importi rilevanti il mix produttivo, oltre a una maggiore capacità di contenimento dei costi gestionali e commerciali
Finanziamento e performance delle nuove iniziative imprenditoriali : il caso degli spin-off di ricerca
No full textThe innovative capacity of a nation has always represented a key factor to economic development and becomes a critical issue during crises, when it can be used to redirect industrial policies and face competitive forces of low value added productions coming from emerging countries. Product and process innovation can develop in the academic environment and find their way to commercialization through so-called “technology transfer”. Research-based spin-offs, in fact, represent a tool to implement it and their use in Italy, despite being recent, has seen an important diffusion, also favored by a better normative and regulatory framework.
This study aims at providing a description of the spin-off phenomenon in Italy and to evaluate the performance of spin-offs using various indices, such as survival rate and financial and economic performances
Finanziamento e performance delle nuove iniziative imprenditoriali : il caso degli spin-off di ricerca
No full textThe innovative capacity of a nation has always represented a key factor to economic development and becomes a critical issue during crises, when it can be used to redirect industrial policies and face competitive forces of low value added productions coming from emerging countries. Product and process innovation can develop in the academic environment and find their way to commercialization through so-called “technology transfer”. Research-based spin-offs, in fact, represent a tool to implement it and their use in Italy, despite being recent, has seen an important diffusion, also favored by a better normative and regulatory framework.
This study aims at providing a description of the spin-off phenomenon in Italy and to evaluate the performance of spin-offs using various indices, such as survival rate and financial and economic performances
Bank affiliation on life insurers' performance before and after the financial crisis
No full textL'articolo analizza il legame fra la redditività delle imprese di assicurazioni del ramo vita e l'apparteneza ad un gruppo bancario. Studia altresì l'influsso che le differenze nel mix .dei prodotti e nei costi di distribuzione che affiliate bancarie presentano rispetto alle imprese assicurative tradizionali e le modifiche intervenute in seguito alla crisi finanziaria. I risultati evidenziano che, fino al 2007 le performance non sono influenzate dall'efficienza dei canali distributivi, né dall'affiliazione bancaria. Analogamente il produc mix non sembra impattare sui risultati economici. Dopo l'avvio della crisi finanziaria, viceversa, sia l'fficienza, sia l'appartenzenza ad un gruppo bancario risulta cruciale per migliorare la redditività. Inoltre, le avverse condizioni economiche della crisi rende la revisione del mix produttivo cruciale per adattarsi ai cambiamenti nella domanda e sostenere la redditività.The article analyses the link between Italian life insurers’ profitability and bank affiliation.It also examines the influence that the differences in product mix and distribution costs displayed by bank affiliated versus traditional insurers has on results. and the
changes that the big financial crisis caused in the previously established correlations.Our results highlights that, until 2007 neither distribution efficiency nor being bank affiliated significantly affected performance. Product mix composition did not influence results as well. After the start of the big financial crisis though, both distribution efficiency and bank affiliation prove to be crucial in fostering performance. Moreover, adverse economic conditions make product mix revision crucial in order to adapt to changes in demand and sustain profitability
Governance e performance nelle imprese di assicurazioni: un'analisi bibliometrica ed una meta analisi
No full textIl presente lavoro fornisce una rassegna dei contributi teorici e degli studi empirici sui meccanismi esterni ed interni di corporate governance applicati alle imprese assicurative per perseguire obiettivi di performance e/o di riduzione del rischio, fra il 1985 e il 2019. Grazie all’utilizzo del software bibliometrico di mappatura Vosviewer, adatto ad illustrare visivamente i network di collaborazioni scientifiche (co-authorship) e di relazioni fra i termini più utilizzati, identifica i gruppi di studiosi e i filoni di ricerca più significativi. Effettua inoltre una meta analisi su una trentina di articoli quantitativi che evidenziano una relazione fra caratteristiche quanti-qualitative del Board of directors e la performance dell’impresa di assicurazione. I risultati di questa analisi mostrano come gli studi empirici pervengano ad un consenso sul contributo positivo della dimensione del board e della presenza di director indipendenti sulla performance, misurata tramite diverse misure. Inoltre, i network di ricerca in tema assicurativo non sembrano essere molto interconnessi, soprattutto con riferimento agli studi sui mercati emergenti. Questo studio rappresenta in punto di inizio per linee future di ricerca che mirino a definire le peculiarità della relazione governance-performance delle imprese di assicurazione nell’ambito di una cornice regolamentare e di mercato modificata.This paper provides a survey of the literature and empirical research focusing over the wide array of external and internal governance mechanisms and their effectiveness, with respect to performance and risk taking, in the particular setting of the insurance industry, over the period 1985–2019. Using Vosviewer software for a meta-literature mapping we present networks (co-authorship network and co-occurrence network) that identify top authors publishing and influential research streams. We also provide a meta-analysis of around 30 quantitative studies of corporate governance in the insurance sector which consider the relation between quanti-qualitative aspects of board composition and firm performance. The results show that in general there is a common evidence in the literature on the positive contribution of the size of the board and of the presence of independent directors on firm performance, variously measured. The networks in the insurance field of study appear not well connected, especially in relation to studies on emerging markets. This study might represent a starting point for possible future research lines aimed at clarifying the peculiarities of the governance-performance relationship in the insurance industry within a modified market and policy setting
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
Lo sviluppo del capitale umano quale obiettivo delle politiche industriali e condizione per le agevolazioni finanziarie
No full textVariations on the Author
Full text link“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
Full text linkWe 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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