Moving by the facts happened in the Italian and international fashion system during the last years, the article outlines the various growth paths of the different companies involved and carries out the effects generated by external growth on company profitability and on the strength of the...

This article analyzes excess returns generated by corporate spinoffs with respect to changes in investment policies of the spun-off companies. Following the spin-off, the best performing spun-off companies with low growth opportunities exhibit a significant reduction in investment and the best...

Analyzing 153 venture-backed and non-venture-backed companies that went public in Italy between 1995 and 2004, we tested two hypotheses about the role of venture capital in developing innovations within firms. The first concerns the relevance of innovation and whether it is present when venture...

"In this paper we test two hypotheses concerning the presence of innovation in venture capital investments and the growth of innovative venture backed firms. To examine these hypotheses we considered sample of 37 Italian venture backed firms that went public on the Italian Stock Exchange between...