Template-type: ReDIF-Article 1.0 Author-Name: Anne d'Arcy Title: Current issues on European Corporate Governance Abstract: Classification-JEL: Keywords: Note: Pages:5-11 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51207&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003001 Number: 1 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51207 Template-type: ReDIF-Article 1.0 Author-Name: Stefano Zambon Title: Research Forum on "Intangibles" Abstract: Classification-JEL: Keywords: Note: Pages:13-17 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51208&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003002 Number: 2 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51208 Template-type: ReDIF-Article 1.0 Author-Name: Vivien Beattie Author-Name: Robin Roslender Author-Name: Sarah Jane Smith Title: Balancing on a Tightrope: Customer Relational Capital, Value Creation and Disclosure Abstract: This paper documents and compares the perceptions of key functional specialists regarding the contribution of 16 customer relational capital components to value creation and the motivations underlying its external disclosure. Findings of questionnaire surveys to samples of UK listed company marketing directors (who create customer relational capital) and finance directors (who report customer relational capital) are supplemented by follow-up interviews. Marketing directors and finance directors broadly agreed on the relevant importance of the components to value creation. While companies attempted to internally collate information on those components of most value creation importance, there was a lack of correlation between perceived value creation importance and the extent of external disclosure. This suggests that external disclosure is a poor proxy for value creation importance. In terms of disclosure incentives, marketing directors prioritise trust creation among a range of stakeholders whereas finance directors take a more share holder-centric perspective. External disclosure attracts new customers and informs other stakeholders, yet may adversely affect relationships with existing customers and/or breach specific non-disclosure agreements or generic industry restrictions and regulations. Harming competitive position is considered the major disclosure disincentive. In the view of marketing directors, managing the external disclosure of relational capital is akin to balancing on a tightrope. Classification-JEL: Keywords: Note: Pages:19-52 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51209&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003003 Number: 3 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51209 Template-type: ReDIF-Article 1.0 Author-Name: Bernard Gumb Author-Name: Alan Fustec Title: The Story of the French Touch on "Immat?riels": A Retrospective Abstract: The present paper aims to trace the recent tendencies, in France, around the concept of "actifs immat?riels", including both intangible assets and intellectual capital. In its first part we develop semantic and contextual specificities which might explain the late engagement on such topics by French scholars. The second part is about observed trends and initiatives, some in which the authors were involved. The section has two parts, one on academic and institutional initiatives and the other on corporations and individuals who have entered the field, especially after 2006. The third part comes to critical perspectives on intangibles, leading to a discussion where the broad concept of actifs immat?riels provides a framework for understanding economics not only on the company level, but also on the state level. The resulting "dialectic immaterialism" thus provides a relevant rereading of new capitalism. Classification-JEL: Keywords: Note: Pages:53-73 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51210&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003004 Number: 4 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51210 Template-type: ReDIF-Article 1.0 Author-Name: Laura Girella Title: Regulating through the "Logic of Appropriateness" and the "Rhetoric of the Expert": The Role of Consultants in the Case of Intangibles Reporting in Germany Abstract: The paper provides some insights into the rationales, processes and actors according to which Intangibles Reporting (IR) has reached a (soft) regulatory stage in the German business context since the mid 2000?s. It draws on the "logic of appropriateness" (March and Olsen, 1992; 1997) combined with the "rhetoric of the expert" (Czarniawska, 1997) in order to examine the documents published in relation to IR. The analysis demonstrates how in Germany this (soft) regulation of reporting of these resources has been mainly realized by a group of management consultants. It is of a particular interest that in the Guidelines they have devised and promoted, the ad hoc organizational figure, the moderator, that has been identified as central for the proposed intangibles reporting does not belong to the accounting domain. This way, the work contributes and expands on previous debates in relation to the "professional jurisdiction" that has made claim throughout the arena of Intangibles by accountants (Napier and Power, 1992; Power, 2006), illustrating an example of an alternative site in which its professionalization and regulation can occur (Cooper and Robson, 2006). Specifically, it is suggested that the actors and the ways in which regulation is created and perpetuated have sometimes to be disentangled from the ones created within the accounting field. Classification-JEL: Keywords: Note: Pages:75-109 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51211&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003005 Number: 5 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51211 Template-type: ReDIF-Article 1.0 Author-Name: Giuseppe Marzo Title: Some Unintended Consequences of Metaphors: The Case of Capital in Intellectual Capital Research Abstract: The paper focuses on the consequences that the metaphorical use of the concept of capital can generate on research on Intellectual Capital. Consequences here analysed refer to: 1) the understanding of IC as being composed of homogenous and separable units; 2) those that are assets; 3) those expected to be under the proprietorship of someone; and 4) those expressible in monetary terms on the balance sheet. The analysis of consequences also offers some insights into overcoming the capital metaphor in favour of a sharper differentiation between the concepts at the basis of the traditional notion of capital, and the ones at the basis of IC. Classification-JEL: Keywords: Note: Pages:111-140 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51212&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003006 Number: 6 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51212 Template-type: ReDIF-Article 1.0 Author-Name: Lorenzo Neri Author-Name: Antonella Russo Title: Risk Disclosures in the Annual Reports of Italian Listed Companies Abstract: The study examines the relevance of risk reporting in the field of firm voluntary disclosure with an empirical work on Italian listed firms. The motivation of this study is the implementation of the Directive 51/2003/CE in Italy (D.Lgs. 32/2007), a sample of companies listed on the Italian Stock Exchange is selected to investigate the relationship between risk disclosure and company characteristics. This paper explores whether there are significant increases in risk reporting over a period of five years and investigates if risk disclosure is influenced only by new law requirement or also by other possible drivers. A content analysis is performed to obtain a measure of risk narrative disclosure. Then several hypothesis tests are carried out to verify whether there are any corporate differences between companies with different levels of risk disclosure, using univariate and multivariate analysis. Our results on the first question document significant increases in Italian companies? levels of risk disclosures. We find also that the disclosure is not only determined by the new law requirements but also by other drivers such as company size. Classification-JEL: Keywords: Note: Pages:141-168 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51213&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003007 Number: 7 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51213 Template-type: ReDIF-Article 1.0 Author-Name: Raffaele Fiume Author-Name: Tiziano Onesti Author-Name: Valerio Pieri Title: Dialogue with standard setters Abstract: Classification-JEL: Keywords: Note: Pages:169-189 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51214&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003008 Number: 8 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51214 Template-type: ReDIF-Article 1.0 Author-Name: Roberto Di Pietra Title: Book Review Abstract: Classification-JEL: Keywords: Note: Pages:191-201 Volume: 2013/3-4 Year: 2013 Issue:3-4 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=51215&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:Frfrfr:v:html10.3280/FR2013-003009 Number: 9 X-File-Ref: http://www.francoangeli.it/Riviste/References.ashx?idArticolo=51215