The purpose of this paper is twofold: i) to point out the determinants of a firm orientation to stakeholders' interests; ii) to analyze the relationship between shareholder value and stakeholder value as firm goals. Both issues are empirically verified on a sample of European listed companies....

Against the backdrop of the contagion literature, the paper analyses the impact of financial and trade linkages on sovereign bonds spreads in the Eurozone crisis. Using quarterly data for a sample of EMU countries during the period 2000-2013, we estimate fixed-effect panel models with Driscoll...

In the last decade, as many other European countries, the Italian Government adopted several reforms in order to increase the use of Renewable Energy Sources (RES). The liberalization of the electricity market that represent one of these reforms aims to reach environmental benefits from the...

The increasing attention to environmental damage and the problem of climate changes have led many studies to concentrate on environmental taxation as an incentive-based instrument of environmental policy. Focusing on the relationship among environmental, labour market policies and institutional...

Hedge Funds are extensively cited as the main actors responsible for the financial crisis erupted in the latest decades. Their natural characteristic for secrecy and their fame for high propensity towards risks, together with the ample use of leverage, help to explain why these operators are...

The economic analysis concerning the European Health care systems provides relevant comparative information about socio economic variables improving public and private shares of health care expenditure. This paper proposes a different approach to learn about relation between the Health care...

This study aims at exploring the process of internationalization in the Italian fashion firms, focusing on strategy-structure fit and the governance role of the founding team in providing such a fit. It does so with a single case study of a leading fashion firm. It suggests that classic...

The paper examines the relationship between globalization and public administration through economic theory principles and an example. Starting from the consideration of early concerns about globalization, it argues that although the size of government has rarely declined, its power has been...

The Dutch are the world's leaders in the ower business despite they seem to lack comparative advantage in the traditional sense. Comparative advantages paid a role in the history of the Dutch ower industry and they still have a role today. Based on a critic of Porter's theories, the...

The late 1980s and the early 1990s are turning points in the history of monetary unification in Europe. It is the time of the Delors report which provided the intellectual basis of the Maastricht Treaty. The latter was signed in 1991 and developed the blueprint for monetary union in Europe. At...