Template-type: ReDIF-Article 1.0 Author-Name: Luciano Marchi Title: Editoriale. Controllo interno-esterno nella valutazione dei rischi e delle performance aziendali Abstract: The scope of this article is the analysis of the reputation risk management process with the aim to define a conceptual model that could be applied to identify, assess and mitigate this type of risk. This model is based on the analysis of the extant literature on risk management and on corporate reputation. This analysis reveals that the measurement of the reputational risk is a controversial aspect and there are different approaches that could be used to carry out this activity. Furthermore the value of the corporate reputation may be influenced by many variables and a wide range of actions could be implemented to reduce the probability and/or the impact. However the analysis of the existing models for reputation risk management reveals noticeable differences regarding the variables and the methodology that could be used. Based on these findings, our conceptual model proposes a qualitative methodology to assess a set of reputational risk drivers. Moreover the model highlights the importance of the internal control systems and the crisis communication management for risk mitigation. Future steps include the formal validation of this model through an empirical investigation that will be carried out on a selected number of Italian companies. Classification-JEL: Keywords: Note: Pages:5-6 Volume: 2013/3 Year: 2013 Issue:3 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=50252&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2013-003001 Number: 1 Template-type: ReDIF-Article 1.0 Author-Name: Rita Lamboglia Author-Name: Giuseppe D'Onza Title: Un modello di gestione del rischio reputazionale. Dall?identificazione al fronteggiamento Abstract: The scope of this article is the analysis of the reputation risk management process with the aim to define a conceptual model that could be applied to identify, assess and mitigate this type of risk. This model is based on the analysis of the extant literature on risk management and on corporate reputation. This analysis reveals that the measurement of the reputational risk is a controversial aspect and there are different approaches that could be used to carry out this activity. Furthermore the value of the corporate reputation may be influenced by many variables and a wide range of actions could be implemented to reduce the probability and/or the impact. However the analysis of the existing models for reputation risk management reveals noticeable differences regarding the variables and the methodology that could be used. Based on these findings, our conceptual model proposes a qualitative methodology to assess a set of reputational risk drivers. Moreover the model highlights the importance of the internal control systems and the crisis communication management for risk mitigation. Future steps include the formal validation of this model through an empirical investigation that will be carried out on a selected number of Italian companies. Classification-JEL: Keywords: Note: Pages:7-34 Volume: 2013/3 Year: 2013 Issue:3 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=50253&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2013-003002 Number: 2 Template-type: ReDIF-Article 1.0 Author-Name: Domenico Nicol? Title: Monitoraggio delle sequenze e risultati aziendali Abstract: Literature has highlighted how the decrease in the duration of activities in management processes reduces costs while increasing the value created for customer. In this paper, using a logical-deductive method, we show that the performance of firms also depends on the temporal order (thus not only duration) in which the activities are sequentially arranged in time. Therefore in the context of strategic planning it is necessary to evaluate multiple alternatives of sequential arrangements of activities and, thus, to select the ones that have the best effects on economic, financial and competitive expected results. Then it is important to systematically verify the validity of the chosen sequences, since the frequent and sudden changes of environmental conditions and technology can require the need to re-configure and reengineer processes. The links between the activities and external variables make it necessary to adopt mechanisms for coordination, integration, and synchronization. The company?s results are further influenced/conditioned by the duration and temporal order with which the firm experiences the economic and social phenomena of the environment. This relationship between the sequence of occurred external phenomena per context and per results can also be indirect. The order in which sequential processes are arranged in time influences the assumptions made by management for future inferences, thus leading the decision-making processes, and ultimately results. The individual economic entities certainly cannot noticeably affect the trends of macro- and micro-economics that define the context of operation. However, companies constantly monitor factors considered to be the most influential on the results (so-called key-variables) in order to capture the information needed to preserve the coherence of the strategic and decision-making processes with respect to frequent and sudden changes. Classification-JEL: Keywords: Note: Pages:35-50 Volume: 2013/3 Year: 2013 Issue:3 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=50254&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2013-003003 Number: 3 Template-type: ReDIF-Article 1.0 Author-Name: Giacomo Manetti Author-Name: Simone Toccafondi Title: Il coinvolgimento degli stakeholder nella governance e nel reporting delle fondazioni bancarie Abstract: In the light of the stakeholder theory, stakeholders have a fundamental role in decision- making processes of non-profit organizations. Their participation in decisionmaking processes, in particular, in governing bodies and mission reporting is an essential element for effective and coherent organization management. The present study has exploratory nature and aims at understanding the levels of stakeholder engagement in the governance and mission reporting systems of the Italian banking foundations. Therefore, we carry out empirical research into these organizations, a particular kind of grant-giving foundations, with specific statutory obligations of attention towards their stakeholders, especially as far as the local communities and beneficiaries of contributions are concerned. Using content analysis, we study the annual reports for 2011 and statutes of the 88 Italian banking foundations, in order to verify the actual degree of stakeholder participation in governing and reporting bodies. Analysis of the results shows a tendency towards stakeholder management, rather than actual stakeholder engagement in decision-making processes. In the light of these considerations, we highlight the limits of the present study and suggest future research developments. Classification-JEL: Keywords: Note: Pages:51-76 Volume: 2013/3 Year: 2013 Issue:3 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=50255&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2013-003004 Number: 4 Template-type: ReDIF-Article 1.0 Author-Name: Antonella Paolini Author-Name: Michela Soverchia Title: Le universit? statali italiane verso la contabilit? economico-patrimoniale ed il controllo di gestione Abstract: The paper analyses the accounting, financial reporting and management control systems of the Italian public universities, in the light of the new legislation (Law 240/2010 and Decree 18/2012). This reform includes two important changes: the adoption of accrual accounting and the introduction of a management control system, both mandatory from 1st January 2014. The paper provides a detailed description of the current situation of Italian public universities, which allows to understand the reality in which the reform will be implemented and to evaluate whether universities have done appropriate efforts to realise this important accounting and managerial changes. For this purpose, an empirical analysis has been conducted, based on the results of a semi-structured questionnaire that was applied to the 67 Italian public universities during the first half of 2013. Survey results indicate that currently not many universities have budgeting and accounting reporting systems aligned with the new legislation. However, most of them have executed different types of efforts for the transition process and for the fulfillment of the 1st January 2014 deadline. Classification-JEL: Keywords: Note: Pages:77-98 Volume: 2013/3 Year: 2013 Issue:3 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=50256&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2013-003005 Number: 5 Template-type: ReDIF-Article 1.0 Author-Name: Luciano Marchi Author-Name: Stefano Marasca Author-Name: Marco Giuliani Title: Valutare la ricerca nella prospettiva europea e internazionale: prime riflessioni Abstract: The recent commitment to an evaluation of the quality of research fostered by the ANVUR - Agenzia Nazionale di Valutazione del sistema Universitario e della Ricerca - National Agency for the Evaluation of University and Research (VQR 2004-2010) raised a number of questions about what is important to be assessed, which aspects are worthwhile (e.g. scientific quality, practical impact, internationalization etc.) and which methods and tools for measuring and evaluating are to be used (peer-reviewed journals, impact factors, journal rankings, etc.). (Coda, 2011; Palumbo, 2011; Dalli, 2012; Rebora, 2012; Sostero, 2012). Besides the quality of research strictu sensu, one of the aspects that could be considered in the evaluation is the so-called "impact" of research. Although neglected in the Italian system, this dimension is present, even if with different connotations, in some of the evaluation systems used in other countries (Palumbo, 2011; De Nicolao, 2013th, b; Sargiacomo, 2013). The purpose of this paper is to analyse and systematize the main national and international contributions dealing with the concept of "research impact" in order to propose the first critical reflections. Classification-JEL: Keywords: Note: Pages:99-113 Volume: 2013/3 Year: 2013 Issue:3 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=50257&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2013-003006 Number: 6 Template-type: ReDIF-Article 1.0 Author-Name: Antonella Paolini Author-Name: Alberto Quagli Title: Una riflessione sugli strumenti bibliometrici per la valutazione della ricerca e una proposta: il real impact factor Abstract: The recent exercise of Evaluation of Quality and Research boosted by the Italian Agency for the Evaluation of University and Research has reopened reflections on the evaluation methods, including the bibliometric ones. The purpose of this paper is to analyse the impact factor as the main instrument of bibliometric evaluation, "old" in the field of natural and technological sciences but recently introduced by Law and by the Agency also for business and economic disciplines (Bonaccorsi, 2012). The reflections proposed come to the conclusion that the impact factor is not suitable and then it is proposed a new indicator capable of taking into account the usefulness for all users (both primary and secondary): the real impact factor. Classification-JEL: Keywords: Bibliometric analysis, impact factor, real impact factor Note: Pages:115-128 Volume: 2013/3 Year: 2013 Issue:3 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=50258&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:MACOMA:v:html10.3280/MACO2013-003007 Number: 7