GOVERNANCE, OWNERSHIP STRUCTURE AND REPORTING FEATURES: THE CASE STUDY OF AN ITALIAN SOCIAL COOPERATIVE NETWORK
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 12
Abstract
The diffusion and the consolidation of the experiences and the realities of the third sector were determined during the ?80s and ?90s, in concomitance with the reflection and the reorganization of the social politics, oriented to individualize and to put new modalities of intervention to answer to the multiplication and the plurality of the demands and the social questions.In this context it always assumes great weight and scientific importance the analysis and the study of the phenomenon of the cooperation, especially, the no profit ones.First of all, we presented the main characteristics and the historical evolution of the social cooperatives in the context of investigation, the Italian law and economic system, focusing on the aggregation of this particular kind of enterprises. Secondly, we also investigated the aggregation consortium about the relationships between: - the governance; - the building of business relationships with other partners such as other socials enterprises, third sector organizations, public administrations, profit companies; - the implementation of a global informative system (social and economic). Our research is supported by a business case study. In this analysis, developed on the Solco Imola Consortium, we showed that in this organization, the multistakeholder approach has a significant impact on the financial reporting system. In fact, we analyzed the instruments and the content of the external information of Solco Imola Consortium, observing an hardest presence of non financial information in its external reporting, and an extension of the financial reporting both in the time-side and in the space-side. This organization showed a particular integration between the consolidated financial statement and the social balance that we defined aggregate balance.
Authors and Affiliations
Francesco Agliata| Assistant Professor in Business Administration, Second University of Naples, Corso Gran Priorato di Malta, Capua (CE), Italy, Caterina Ferrone| Research Fellowship in Business Administration, University of Naples “Federico II” Via Cintia - Monte Sant’Angelo, Naples, Italy, Danilo Tuccillo| Assistant Professor in Business Administration, Second University of Naples, Corso Gran Priorato di Malta, Capua (CE), Italy
Keywords
Related Articles
- EP ID EP2135
- DOI -
- Views 424
- Downloads 28
RANKING OF HEDGING TOOLS FROM THE PERSPECTIVE OF TEHRAN STOCK EXCHANGE INVESTORS
This paper prioritized the hedging tools using Analytical Hierarchy Process. The research is an applied research in terms of purpose and is kind of heuristic research in terms of method. In this research, opinions of Teh...
OVERSEAS R&D AND TAIWAN-BASED FIRM’S PRODUCTIVITY - DOES INTERNAL TECHNOLOGICAL CAPABILITY MATTER?
The purpose of this study is to examine the influence of overseas R&D on firm productivity. In particular, we further consider the moderating effect of internal technological capability. To provide more empirical evidenc...
ROBUST MONETARY POLICY IN AN UNCERTAIN ECONOMIC ENVIRONMENT: EVIDENCE FROM TUNISIAN ECONOMY
This paper tries to study the robust monetary policy in an uncertain economic environment. More precisely, our idea is to know how to conduct monetary policy in the case that the central bank does not correctly perceive...
CAPITAL ADEQUACY STANDARDS, BASLE ACCORD AND BANK PERFORMANCE: THE NIGERIAN EXPERIENCE (A CASE STUDY OF SELECTED BANKS IN NIGERIA)
Capital adequacy standards for banks that operates internationally is of major concern for bank regulators worldwide. In consequence, the Bank for International Settlements, (BIS) established a framework for measuring c...
UNDERSTANDING DIAMOND PRICING USING UNCONDITIONAL QUANTILE REGRESSIONS
This paper investigates the relationship between the selling price of diamonds and their weight in carats. For this purpose, we use a unique sample of 112,080 certified diamonds collected from www.info-diamond.com during...