In questo lavoro si considera il ruolo delle innovazioni commerciali intese come marchio, spese in pubblicitâˆšÉ , individuazione di nuovi canali distributivi etc. nella crescita delle imprese operanti in settori tradizionali. L'esperienza di rapida crescita di molte imprese come ad esempio...

Secondo Alfred Chandler l'impresa famigliare √ɨ un modello di controllo che via via √ɨ destinato a lasciare posto alla moderna grande impresa manageriale. La persistenza della natura famigliare del capitalismo britannico sarebbe stata una delle cause del declino...

State ownership, pyramidal groups, family trust and a minor role for banks and other financial institutions in the corporate governance of both large and small enterprises are the structural features of Italian capitalism today. This paper offers a critical analysis of state ownership by...

The article analyses the productivity dynamics of a sample of Italian manufacturing firms in the period 1996-2006. The first part computes Malmquist measures of productivity using non parametric techniques. Our measures show that the low rate of growth in productivity is due to the different...

The paper empirically investigates gross job flows and the growth patterns of limited liability companies in Italy in 1996-2004, using original data on workforces and other company traits. The analysis shows that the phenomenon of regression to the mean only partially explains the tendency of...

The distinction between profit and non profit firms does not necessarily apply to some cooperative firms, such as the Italian mutual cooperative banks (MCBs). MCBs present a peculiar governance structure, a combination between a public company governance model and a non-profit one. The board of...

The paper proposes an empirical investigation of job flows for continuing manufacturing firms in Italy from 1996 to 2004 using high quality data on work forces and other characteristics of the firm. The magnitude of the job flows for small and medium-sized limited liability companies in Italy is...

Il lavoro studia la dinamica della produttività di un campione di imprese manifatturiere italiane nel periodo 1995-2006. Il calcolo della produttività è basato sull’indice di Malmquist, calcolato impiegando tecniche non parametriche. La scomposizione dell’indice...

After the first section, introducing some typical problems of family capitalism, the following three sections of the paper consider the ambiguity of the legal framework defining the modern corporation, the two way relation between technology and property rights and the different mechanisms by...

The paper first considers a number of theoretical aspects surrounding the ambiguity of the legal framework defining the modern corporation and the two-way relation between technology and property rights. It then looks at the evolution of corporate governance through time, paying particular...