Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122076193> ?p ?o ?g. }
Showing items 1 to 76 of
76
with 100 items per page.
- W3122076193 abstract "This paper presents an empirical and theoretical analysis of the financialization of companies and the diffusion of shareholder value maximization in Italy. Unlike the anglo-saxon contexts, financial accumulation and short-termism in Italy are not a consequence of institutional investors’ activism: Italian capitalism is still a holigarchic family capitalism, and few blockholders are in control of Italian large firms. Financialization of companies and the orientation to maximize shareholder value in Italy are rather the outcome of isomorphic processes, supported by institutional and legal transformations occurred since 1980s: reforms of finance, company and labour law, the privatization of state firms, the diffusion of finance-oriented accounting rules. The statutory reforms enabled the dominant coalitions within Italian capitalism to operate in a regulatory framework harmonized with a transnational context, largely assimilated to Anglo-Saxon norms, promoting a finance-oriented conception of control and managerial practices. En este trabajo se presenta un analisis empirico y teorico de la financiarizacion de las empresas y la difusion de la maximizacion del valor para los accionistas en Italia. A diferencia de los contextos anglosajones, la acumulacion financiera y el cortoplacismo en Italia no son una consecuencia del activismo de los inversores institucionales: el capitalismo italiano es todavia un capitalismo familiar holigarchic, y pocos son blockholders en el control de las grandes empresas italianas. La financiarizacion de las empresas y la orientacion para maximizar el valor para los accionistas en Italia son mas bien el resultado de los procesos isomorficos, con el apoyo de las transformaciones institucionales y legales ocurrieron desde 1980: las reformas de las finanzas, empresa y derecho laboral, la privatizacion de empresas estatales, la difusion de finanzas- normas de contabilidad orientados. Las reformas estatutarias habilitadas las coaliciones dominantes dentro del capitalismo italiano para operar en un marco normativo armonizado con un contexto transnacional, en gran medida asimilada a las normas anglosajonas, la promocion de una concepcion orientada a las finanzas de control y practicas de gestion. DOWNLOAD THIS PAPER FROM SSRN : http://ssrn.com/abstract=2833920" @default.
- W3122076193 created "2021-02-01" @default.
- W3122076193 creator A5011813144 @default.
- W3122076193 date "2016-09-01" @default.
- W3122076193 modified "2023-09-27" @default.
- W3122076193 title "The Financialization of Companies in Italy" @default.
- W3122076193 cites W1486895391 @default.
- W3122076193 cites W1495861161 @default.
- W3122076193 cites W1511186454 @default.
- W3122076193 cites W1549561286 @default.
- W3122076193 cites W1564462739 @default.
- W3122076193 cites W1580254373 @default.
- W3122076193 cites W1781085602 @default.
- W3122076193 cites W1875524257 @default.
- W3122076193 cites W1981442201 @default.
- W3122076193 cites W1993663609 @default.
- W3122076193 cites W2011842142 @default.
- W3122076193 cites W2066256580 @default.
- W3122076193 cites W2069378407 @default.
- W3122076193 cites W2071186576 @default.
- W3122076193 cites W2083541486 @default.
- W3122076193 cites W2087072632 @default.
- W3122076193 cites W2088830784 @default.
- W3122076193 cites W2090358819 @default.
- W3122076193 cites W2115054366 @default.
- W3122076193 cites W2144677745 @default.
- W3122076193 cites W2152703996 @default.
- W3122076193 cites W2512310939 @default.
- W3122076193 cites W2752384816 @default.
- W3122076193 cites W2756173283 @default.
- W3122076193 cites W2756441027 @default.
- W3122076193 cites W2763832270 @default.
- W3122076193 cites W2765656188 @default.
- W3122076193 cites W2765916325 @default.
- W3122076193 cites W2796254303 @default.
- W3122076193 cites W2799244122 @default.
- W3122076193 cites W2807978980 @default.
- W3122076193 cites W2945385945 @default.
- W3122076193 cites W3148115847 @default.
- W3122076193 cites W595759520 @default.
- W3122076193 cites W621740159 @default.
- W3122076193 cites W624638691 @default.
- W3122076193 cites W630025976 @default.
- W3122076193 cites W631045026 @default.
- W3122076193 cites W2971384635 @default.
- W3122076193 hasPublicationYear "2016" @default.
- W3122076193 type Work @default.
- W3122076193 sameAs 3122076193 @default.
- W3122076193 citedByCount "0" @default.
- W3122076193 crossrefType "journal-article" @default.
- W3122076193 hasAuthorship W3122076193A5011813144 @default.
- W3122076193 hasConcept C10138342 @default.
- W3122076193 hasConcept C144133560 @default.
- W3122076193 hasConcept C162324750 @default.
- W3122076193 hasConcept C2780837152 @default.
- W3122076193 hasConceptScore W3122076193C10138342 @default.
- W3122076193 hasConceptScore W3122076193C144133560 @default.
- W3122076193 hasConceptScore W3122076193C162324750 @default.
- W3122076193 hasConceptScore W3122076193C2780837152 @default.
- W3122076193 hasLocation W31220761931 @default.
- W3122076193 hasOpenAccess W3122076193 @default.
- W3122076193 hasPrimaryLocation W31220761931 @default.
- W3122076193 hasRelatedWork W2064527982 @default.
- W3122076193 hasRelatedWork W2154910724 @default.
- W3122076193 hasRelatedWork W2560378761 @default.
- W3122076193 hasRelatedWork W2580318136 @default.
- W3122076193 hasRelatedWork W2588557270 @default.
- W3122076193 hasRelatedWork W2795685905 @default.
- W3122076193 hasRelatedWork W2906887828 @default.
- W3122076193 hasRelatedWork W3040050756 @default.
- W3122076193 hasRelatedWork W3122879189 @default.
- W3122076193 hasRelatedWork W4289767015 @default.
- W3122076193 isParatext "false" @default.
- W3122076193 isRetracted "false" @default.
- W3122076193 magId "3122076193" @default.
- W3122076193 workType "article" @default.