Template-type: ReDIF-Article 1.0 Author-Name: Riccardo Mussari Author-Name: Andrea Melis Author-Name: Patrizio Monfardini Title: Editoriale. La creazione di valore: aspetti critici e problematiche di misurazione Abstract: Classification-JEL: Keywords: Note: Pages:5-12 Volume: 2012/suppl. 2 Year: 2012 Issue:suppl. 2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46952&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2012-SU2001 Number: 1 Template-type: ReDIF-Article 1.0 Author-Name: Antonio Nisio Author-Name: Rossella De Carolis Author-Name: Stefania Losurdo Title: Il ciclo della performance negli Enti Locali: un?analisi empirica sull?adozione del piano della performance Abstract: Performance has aroused considerable interest both nationally and internationally. Only with the 150/2009 Legislative Decree the term performance was introduced in the practice of the Italian public administrations (PA). These institutions are used to operating in a context where the performance measures have primarily focused on inputs rather than on results and impacts; moreover, managerial processes follow a mere compliance logic. The introduction of measurement systems and performance includes elements of absolute novelty in particular with regard to the effectiveness of the measurement and to the impact of public actions on the community. The research aims to assess the extent to which municipalities have started using the system of performance measurement and evaluation and, in particular, what the distribution of "Piano della Performance 2011-2013". This is to determine the Italian municipalities susceptibility regarding the performance management, make a first reflection on good practices and problems that emerged. Classification-JEL: Keywords: Note: Pages:13-31 Volume: 2012/suppl. 2 Year: 2012 Issue:suppl. 2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46953&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2012-SU2002 Number: 2 Template-type: ReDIF-Article 1.0 Author-Name: Milena Serra Author-Name: Laura Mulas Author-Name: Alessandra Mura Title: Contribuzione pubblica e creazione di Valore Aggiunto nelle imprese italiane. Un?analisi empirica Abstract: This study investigates how government grants impact on the value added (VA) creation in beneficiary firms. The analysis compares the accounting performance realised during the period 2002-2009 by two groups of Italian manufacturing firms, similar in many respects with the exception that only one control group benefits from external subsidies. The results of various statistical tests reinforce each other in showing that the receipt of government grants does not increase the level of VA added of beneficiary firms. In addition, as the amount of government grants increases, it appears a decrease in the VA. This evidence significantly questions the real effectiveness of such policies in supporting the business sector. Classification-JEL: Keywords: Note: Pages:33-54 Volume: 2012/suppl. 2 Year: 2012 Issue:suppl. 2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46954&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2012-SU2003 Number: 3 Template-type: ReDIF-Article 1.0 Author-Name: Paola Roberta Boscolo Author-Name: Michela Canobbio Author-Name: Oriana Ciani Title: Hospital-based HTA: quale valore per la valutazione delle tecnologie nelle Aziende Sanitarie italiane? Abstract: The early development of Italian Health Technology Assessment (HTA) is largely based on experimental approaches to the hospital-based technology assessment, which are argued to be the most important peculiarity of the country and still the real driver of the HTA movement. HTA in hospitals can serve as a tool for aiding administrative procedures or increasing dialogue and transparency as well as supporting the bottom-up awareness generation around HTA principles. The objectives of this study are to present the results of a survey of HTA activities at the hospital level in Italy and to assess the relationship between the implementation of HTA principles and variables, namely consumption and expenditure for orthopaedic prostheses, which have managerial implications for healthcare providers. Our results are based on 38 hospitals located in 13 Italian Regions, 53% of which have a commission working on MDs assessment. Nineteen hospitals declare the existence of a link between procurement and HTA activities. Our findings suggest that HTA could potentially impact on health technologies? uptake and expenditure when realised in coordination with other hospital units, thus becoming a useful tool for local healthcare managers to plan and control their budget. Classification-JEL: Keywords: Health Technology Assessment, HTA, Hospital-based HTA, mini- HTA, impact assessment, Italy Note: Pages:55-69 Volume: 2012/suppl. 2 Year: 2012 Issue:suppl. 2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46955&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2012-SU2004 Number: 4 Template-type: ReDIF-Article 1.0 Author-Name: Gianluca Ginesti Author-Name: Giuseppe Sannino Author-Name: Polcini Paolo Tartaglia Title: Regole contabili e performance aziendale: impairment e disclosure degli strumenti rappresentativi di capitale AFS nei bilanci delle banche quotate italiane Abstract: In banking industry, equity investments classified as available for sale (AFS) are a relevant portion of financial assets. According to IAS 39, they must be measured ("at" and "after" recognition) at fair value. Increases or decreases in this value have to be recognised in the other comprehensive income, except when there is objective evidence of impairment. In this case, impairment losses are recognised in the net income. IAS 39 lists some events that can give rise to an impairment loss, for instance a "significant or prolonged" decline in fair value (par. 61). In the absence of detailed guidance, preparers have a great discretion in interpreting the meaning of the terms "significant" and "prolonged". The paper shows the results of an empirical study about AFS equity investments in the annual report of Italian listed banks for the fiscal years 2007-2010. It investigates the events from which they deducted the impairment losses and the disclosure provided about them. The paper also looks at how the banks implemented the concept of "significant or prolonged decline in fair value". The evidence is of a heterogeneous behavior, among different banks in the same year and through different years for the same bank. The disclosure provided to the market was poor until the Authority imposed a mandatory information. The authors formulate hypotheses about the reasons of these evidences, especially as regards earnings management policies because during the financial crisis and their impact on financial performance. Classification-JEL: Keywords: Note: Pages:71-103 Volume: 2012/suppl. 2 Year: 2012 Issue:suppl. 2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46956&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2012-SU2005 Number: 5