0000000001062123
AUTHOR
C. Demma
TENDENZE REALI E FINANZIARIE DEL BACINO MARMIFERO DI CUSTONACI E I PROCESSI DI COLLABORAZIONE E COMPETIZIONE DELLE IMPRESE LOCALI
L’obiettivo che si intende perseguire è l’analisi del settore marmifero in Sicilia, con particolare riferimento al sistema di Custonaci, una delle realtà maggiormente rappresentative del comparto lapideo in Sicilia e che in letteratura è stato analizzato per verificarne elementi di natura distrettuale. Il comparto marmifero è insieme a quello agroalimentare, uno dei pochi settore orientati alla internazionalizzazione. Nell’ultimo decennio, tuttavia, a causa dell’influenza esercitata dai conflitti medio orientali e dal rafforzamento dell’euro nei confronti del dollaro, il comparto ha attraversato una profonda crisi, aggravata da fattori strutturali quali l’eccessiva frammentazione dell’offer…
The recourse to trade credit by Italian firms during the crisis
rade credit, for many firms, is an essential tool for financing growth. Trade credit indicates a practise to buy goods or services on account without making immediate cash payment. Although trade credit is an important source of funds for small businesses, little has been known about the reasons business customers use it. Economists have linked the use of trade credit to transaction and financing motive. The use of trade credit because credit from other sources, particularly from financial institutions, is limited during recession periods represents a reasonable motive. In order to verify if Italian firms faced to credit restrictions by recurring more intensively to trade credit, we examine…
Credit Risk and Simulated Spreads Risk Adjusted for Italian Regions.
We analyse the idiosyncratic and systematic elements influencing Italian firms’ probability of default (PD) and examine the relationship between credit risk and borrowing conditions at a regional level. This paper, using regression analysis, examines the causal relationship between PD of a representative sample of Italian firms, together with accounting variables at firm level and macroeconomic data. The underlying hypothesis examines if the riskiness of Italian firms is influenced exclusively by their specific characteristics or, more generally, depends also on the spatial environment where they operate. According to the literature, the interregional differentials in the cost of money depe…