The Effects of Fiscal Targets in a Currency Union: a Multi-Country Agent Based-Stock Flow Consistent Model.

Alessandro Caiani, Ermanno Catullo, Mauro Gallegati - We present an Agent Based-Stock Flow Consistent Multi-Country model of a Monetary Union to analyze the impact of a change in the fiscal regime of member countries, modeled as a permanent change in the deficit-to-gross domestic product (GDP) target that governments are committed to comply. Simulations are performed under three scenarios, differentiated by the number of countries considered (2, 6, 10).

The managerial implications of assessing corporate social performance

Valentina Cillo, Sylvaine Castellano, Olivier Lamotte, Lorenzo Ardito, Manlio Del Giudice - Over the past decades, companies' concern about corporate social responsibility (CSR) has evolved from simple questions about their responsibility towards society and stakeholders to more sophisticated discussions about the processes to set up, the outcomes of their efforts and the way to narrate all this (Wang et al., 2016). This shift brought new challenges for companies, particularly regarding the assessment of corporate social performance (CSP) (Latif & Sajjad, 2012) and/or the relationship between CSP and financial performance (Callan and Thomas, 2009; Ducassy, 2013). [continua..]

Strategic agility and international joint ventures: The willingness-ability paradox of family firms

Francesco Debellis, Alfredo De Massis, Antonio Messeni Petruzzelli, Federico Frattini, Manlio Del Giudice - Despite the considerable increase in studies on international joint ventures (IJVs) and family business, the two research streams have yet to be systemically integrated. Family firms have unique characteristics that affect their involvement in IJVs differently from their non-family counterparts. Indeed, family firms face a paradox entailing a lower willingness to form IJVs, but a higher ability to govern them.

Understanding Family-Owned Business Groups

Manlio Del Giudice - This book addresses the increasing prominence of family-owned business groups and their potential to influence growth and development in the global economy. Family businesses are not necessarily converging towards unitary models of corporate governance or organizational designs, but remain heterogeneous in a global economy.

The Satisfaction of Change: How Knowledge and Innovation Overcome Loyalty in Decision-Making Processes

Manlio Del Giudice, Maria Rosaria Della Peruta - This book analyzes the impact of the digital economy on customer satisfaction, shopping experience, resistance to change, script theory, and loyalty. The model introduced assumes that online markets have led to a redefinition of the concepts of loyalty and shopping scripts as a way to reduce customers’ cognitive effort, by optimizing purchase time and increasing the speed and satisfaction of the shopping experience.

A spill over effect of entrepreneurial orientation on technological innovativeness: an outlook of universities and research based spin offs

Veronica Scuotto, Manlio Del Giudice, Alexeis Garcia-Perez, Beatrice Orlando & Francesco Ciampi - By shifting towards Romer’s (Am Econ Rev 94:1002–1037, 1986) economy and so the spread of knowledge economy, universities started to adopt a collaborative approach with their entrepreneurial ecosystem. They turn out to be risk taker, autonomous, proactive, competitive, and innovative. In a nutshell, they are entrepreneurial oriented with the aim to generate new innovative ventures, known as research-based spin offs.