0000000000363689
AUTHOR
Graziella Sicoli
A new Intellectual capital framework in the no profit sector
Intellectual capital (IC) is a key driver in value creation. According with the above more and more companies, for profit as well as no profit organizations (NPOs), direct their attention to new tools able to communicate to the stakeholders their intangible assets as value creator driver. IC in for-profit companies, but especially in NPOs is positively correlated with the performance. For this reason, during the last years the interest in the importance of IC in NPOs is increased. IC report becomes a fundamental tool in the disclosure of the NPOs’activities. Nowdays is necessary to use a correct frame work to represent the IC in terms of knowledge, skill, procedures and relationship spread …
Diversità di genere e sistema sanitario: un’analisi su un campione di aziende sanitarie italiane
Il lavoro analizza in che misura la diversità di genere fa parte delle attuali pratiche delle aziende sanitarie. Attraverso un’analisi di tipo statistico-inferenziale su un campione di 39 strutture ospedaliere appartenenti al Gruppo San Donato, ha lo scopo di valutare se la presenza delle donne nel CdA influenza la performance aziendale. I risultati suggeriscono che la diversità nelle aziende sanitarie è un tema poco esplorato e non mancano opportunità e ostacoli al percorso di carriera delle donne. L’analisi di correlazione e regressione conferma che la presenza delle donne è positivamente correlata all’indice di performance delle strutture; la strada per arrivare alla parità non è breve e…
The digital divide in the world of education at the time of Covid-19
Education in the digital age uses new intelligent technologies as enabling and daily tools at the service of learning. Education has always been a challenge and today it is even more so since, given the many difficulties of the moment, to support the school in the time of Covid-19 it is necessary to implement rapid and timely changes that require, in addition to high investments, also new ways of sharing knowledge. Only by acting in this direction is it possible to make a virtue of necessity and transform the many critical issues, due to the pandemic causes, into strategic opportunities. The spread of Covid-19 has forced 80% of students around the world to not go to school and stay at home,…
An innovative model for a sustainability report in no-profit organizations
After a review of the literature, the research aims to build a sustainability report for NPOs through a set of economic, environmental and social indicators based on best international practice. Then the report will be applied to a voluntary service centre (CSV) which, in terms of function and organisation, over a wide range, contains all the social and economic environmental variables to be monitored in any NPOs. The findings appear to suggest an innovative model of sustainability report for NPOs with a significant set of indicators that offer a new disclosure of the activity carried on by the organisation. The work is tested only on a limited number of NPOs which can be extended in the fu…
Intellectual capital disclosure in sustainability reports
The purpose of this chapter is to analyze the level and the quality of voluntary disclosures of Intellectual Capital (IC) in the sustainability reports on a sample of Italian listed companies. The authors conducted an analysis of twelve sustainability reports for two years (2009-2010). These are related to six firms selected among the most capitalized 37 Italian listed companies. To investigate the “level of disclosure,” the authors identified the presence of IC information, while to evaluate the “IC quality,” they constructed a voluntary disclosure index based on content analysis. IC information disclosure is more likely present in sustainability reports of firms with a higher levels of ap…
Gender diversity and governance: Analysis of Italian listed companies
In recent years, many countries have adopted different legislative and self-regulatory initiatives to be able to tackle the problem of the underrepresentation of women on boards. Also, Italy with Law No. 120/2011 introduced the gender issue adopting the normative that 1/3 of the elected members would be women. In this job, a primary aim was to study over the period 2016/2018 the impact of female presence on boards of 50 companies listed on the Italian Stock Exchange. In depth, our results confirm that Italian Law has produced significant effects on the composition of the corporate board. The result of our study shows that women positively influence corporate performance, this is perfectly i…
The Measurement of Human Capital in Family Firms
Intangibles are the key elements underpinning the competitiveness of enterprises. Among them a decisive role is certainly represented by the skills, knowledge, skills and experience possessed by members within organizations, as fundamental drivers thanks to which delineate identity and strategic objectives. Intangible assets became the determinants and foremost sources of company success (Drucker, 1993). The literature on human capital proposed that firms require to recruit, nurture and retain talents so that the knowledge base can be extended, which has the capacity to improve an organization's overall productivity (Boxall, 2003; Lin & Wang, 2005, Lim et al., 2010; Mehralian et al., 20…
The application of intellectual capital reports in local authorities: analysis and empirical evidence
This paper aims to investigate intellectual capital management in a public organisation as the Chambers of Commerce; in particular, whether and to what extent intellectual capital contributes to overall accountability and what role intellectual capital plays as a management tool. In order to answer these questions, the paper examines a case study, the Chamber of Commerce of Verbania Cusio Ossola that, at present, is one of the few in Italy, which prepares an intellectual capital report, by dedicating to it a special section in its social budget, where IC is reported. The paper also describes the intellectual capital report used in the Chamber of Commerce, the information supplied and the ro…
Corporate governance and performance: An analysis of Italian listed companies
In recent years, both corporate governance and performance management have been subjected to considerable changes. In this dynamic context, it is interesting to study the evolution of the relationship between performance and governance. Does governance still affect performance? The purpose of this paper is to verify the presence and intensity (extent) of the relationship between corporate governance and performance in Italian listed companies by using both accounting and non-accounting performance measures. The purpose of this paper is to investigate the effects of prior firm performance on board composition and governance structure of some companies listed on the Italian stock exchange, an…
Il legame tra innovazione strategica, capitale intellettuale e tecnologie intelligenti
Il successo delle aziende è strettamente legato alla loro capacità di innovare, cioè di proporre soluzioni nuove o migliorative rispetto alle preesistenti. L’innovazione costituisce un elemento imprescindibile per il conseguimento di risultati competitivi soddisfacenti soprattutto nei moderni contesti economici, dove la tecnologia si evolve rapidamente e cambia le “condizioni di gioco”, facendo diventare obsoleti prodotti e conoscenze pregresse, mutando i confini dei mercati e cambiando i rapporti di potere tra attori economici (ad esempio, il cliente sempre più informato e connesso con il mondo grazie ad internet acquista più potere rispetto ai fornitori di beni e servizi). In Italia, così…
Intellectual Capital Report in the Healthcare Sector: An Analysis of a Case Study
In the healthcare sector the growing interest in intellectual capital begins with the understanding that the ability to maintain and develop knowledge within it is one of a major reason for the success of the structure. Knowledge presents in health care organizations is a valuable asset, essential to ensure a good quality of services, which has been not only enhanced but also continuously developed. In this sense, analyzing the intellectual capital in healthcare means put at the centre of attention knowledge, the processes that make it possible. This exploratory study aims to investigate the importance of intellectual capital in the healthcare sector, thorough the examination and interpreta…
Disclosure of innovation on sustainability report
PurposeThere are several studies on various aspects of the disclosure of companies but there is little research on elements related to the disclosure of innovation in particular. The work aims to fill this important gap by examining to what extent the companies listed on the Italian Stock Exchange, which prepare the sustainability report (non-financial declaration – NFS), disseminate information relating to innovative activities.Design/methodology/approachThe methodology used to achieve the research goal has used multiple linear regression models (OLS), to study the factors that influence disclosure. The data were collected through the content analysis. The sample is made up of 171 companie…
Board Evaluation in Italian Listed Companies
In the last decade performance evaluation of the Board of Directors has become a best practice at national and international level. Italy is an interesting area of analysis given the high concentration of ownership that characterizes companies, including listed companies. In this context the choices of governance that affect the level of disclosure, for which the expectation is to have a low level of disclosure on the practice of BE (Board Evaluation).The first purpose of this paper is to present a resume on the state of the art in terms of BE for Italian listed companies at 31st December 2012, in terms of presence/absence of the practice of disclosure and its more or less extensive disclos…
A New Third Sector Intellectual Capital Model
The Intellectual Capital (IC) report has become a fundamental tool in the disclosure of non-profit activities, since it is necessary to use a correct framework to represent IC. To achieve the aim of the paper the work is developed as follows: the existing literature on non-profit organizations (NPOs) and IC is examined and relevant aspects to be measured by IC indicators and disclosed by an IC report in the above context are brought into focus. Then extant frameworks for IC reporting are outlined in order to verify whether they fit the aspects qualified as relevant in NPOs and it is pointed out what they lack with reference to the NPOs context. The aim of the paper is to propose an original…
The influence of corporate governance's decision on corporate social responsibility
The need for an accurate and detailed disclosure, the need to understand the mechanisms of government under which the company is managed and controlled, are the starting point of the choices of the many stakeholders that revolve around the company. A large number of players is interested in corporate governance are among these, not only the major shareholders, but also an increasing number of small investors. CSR is an extension of firms efforts to foster effective corporate governance, ensuring firms sustainability via sound business practices that promote accountability and transparency. rnThe paper aims to explore the impact that various corporate governance mechanisms have on the commit…
A Framework to Measure Intellectual Capital
New technologies have changed the structure of companies shifting the focus of creating value from material resources to intangibles. The competitive advantage is increasingly reliant on the presence of specific intangibles such as knowledge, experience, communication skills that are the main source of competitive advantage. Among the intangibles based on knowledge, intellectual capital certainly occupies a prominent place. In recent years the increasing complexity that characterized the business management influenced companies to adopt new models of reporting and accounting, taking into account issues and intangible factors not considered so far with the right attention. The objective of t…
Intellectual Capital Measurement, Management, and Valuation
At the present time one of the different methods of competitive advantages for businesses the—so-called soft values, i.e., intangible assets to face the new challenges. It is in this perspective that companies are changing their strategies and rethinking their organization, structures and processes in order to obtain a better detection and measurement of intangible assets.