Search results for "economia."
showing 10 items of 2506 documents
Book Review: Viable Systems Approach (VSA): Governing Business Dynamics
2015
This book introduces for the first time in English (and thus for an international readership) the Viable Systems Approach (VSA). The VSA is a novel systemic approach developed in Italy over a period of about thirty years by Italian systemic scholars under the guidance of Gaetano Golinelli.A strictly holistic view of systemic thinking puts the focus on the whole, as opposed to the parts. Accepting this view means directing all research efforts towards the understanding of the whole, without resorting to an analysis of the parts (Barile & Saviano, 2011). This perspective emerges in juxtaposition to the traditional analytical–reductionist approach, aiming to overcome its limits by moving towar…
Emergence of statistically validated financial intraday lead-lag relationships
2014
According to the leading models in modern finance, the presence of intraday lead-lag relationships between financial assets is negligible in efficient markets. With the advance of technology, however, markets have become more sophisticated. To determine whether this has resulted in an improved market efficiency, we investigate whether statistically significant lagged correlation relationships exist in financial markets. We introduce a numerical method to statistically validate links in correlation-based networks, and employ our method to study lagged correlation networks of equity returns in financial markets. Crucially, our statistical validation of lead-lag relationships accounts for mult…
The behaviour of non consumer of organic food: suggestions on marketing strategies to attract new market segments
2013
Oggi le produzioni agricole biologiche sono in netta crescita sia a livello internazionale che nazionale. Tra le regioni italiane la Sicilia rappresenta la principale area di produzione e si colloca all’ultimo posto relativamente ai consumi. Attraverso un’indagine pilota nella citta di Palermo, si e voluto indagare, sui motivi del mancato acquisto di prodotti biologici per comprendere quali sono le leve del marketing mix su cui e possibile intervenire per attrarre nuovi segmenti di mercato. L’indagine e stata realizzata intervistando un campione di non-consumatori di alimenti biologi presso alcuni supermercati della citta. I campioni, degli intervistati e dei supermercati, sono stati selezi…
Per un dibattito in tema di Business Ethics a partire dalle riflessioni promosse da EBEN Italia
2014
The Relevance of Systemic Approaches in Business Sciences
2015
Our times are characterized by intense changes in the viable logics of markets and, generally speaking, of business systems. Business scenarios today are typified by connectivity, dynamism, nonlinearity, and emergent behaviors - in other words by “complexity” (Dominici, 2012). Reductionist models are unable to completely depict, or to allow us to totally understand the new business scenarios. Today, more than ever, it is necessary to recognize the need for a paradigm shift that can carry science beyond the analytical reductionist approach, and towards a more comprehensive systemic perspective. Systems thinking can be critical to unlock new perspectives and enhance holistic views for a bette…
La partecipazione ad un business ecosystem: implicazioni per la nozione di successo
2020
L’obiettivo del capitolo è offrire un’introduzione alla letteratura sugli ecosistemi aziendali e discutere critica-mente la tematica del successo e della misurazione delle performance del business ecosystem e degli attori che vi partecipano. A tale scopo, il capitolo è strutturato come segue. Il paragrafo 2 focalizza l’attenzione sulla definizione di business ecosystem. I paragrafi 3, 4 e 5 spiegano, rispettivamente, perché nasce un business ecosystem, chi sono gli attori e quali sono le strutture sottese agli ecosistemi aziendali. Il paragrafo 6 discute la misurazione delle performance del business ecosystem focalizzando l’attenzione sui seguenti aspetti: (a) indicatori di performance a li…
Lezioni di Economia Aziendale
2014
DEALING WITH RISK IN AGRICULTURE: A CROP LEVEL ANALYSIS AND MANAGEMENT PROPOSAL FOR ITALIAN FARMS
2020
Risk management plays a critical role in agriculture, which is particularly exposed to multiple and heterogeneous risk factors. In addition to the traditional basic risks that generally characterize any business venture, agriculture faces external factors, generally difficult to control and with a strong impact on farm profitability. These are firstly environmental (pests and diseases) and climatic conditions that affect the quantity and quality of agricultural production, but also the structural constraints of the agricultural market, which is characterised by a high degree of supply rigidity, price volatility and inelasticity of demand. This leads to the need to implement risk management …
How credit ratings affect sovereign credit risk: cross-border evidence in Latin American emerging markets
2017
This article builds upon previous literature by providing a better understanding of how contagion changes in bordering sovereign CDS emerging markets resulting from credit rating events. To that end, we follow the novel GVAR methodology using data from six Latin American emerging countries during an extensive sample period from 2004 to 2014. Our findings show evidence for the existence of significant and asymmetric cross-border effects. In particular, a competition effect is observed before the event occurs, indicating that non-event countries suffer (benefit) from upgrades (downgrades) in Brazil, Mexico and Chile (in Argentina and Brazil). In contrast, an imitation effect is observed after…
Volatility spillovers in the European bank CDS market
2015
From the 2007 subprime crisis to the recent Eurozone debt crisis,the banking industry has experienced terrible financial instabilitywith increasing volatility levels of bank default probability. UsingEuropean CDS spreads data from January 2006 to March 2013, thispaper sheds light on the impact of three recent significant events ofcredit risk volatility transmission between, firstly, Eurozone andnon-Eurozone banks, and then between distressed peripheral andcore countries inside the Eurozone. We employ an asymmetricmultivariate BEKK model to measure cross-market volatility spil-lovers. We find that both recent crises are distinct episodes. Theglobal financial crisis that originated outside Eu…