Systems of Corporate Layout and Company Performance: Towards a Possible Paradigm of Governance

In the last few years the topic of corporate governance has aroused growing attention by scholars, entrepreneurs and investors. It should not be omitted how such interest, attributable to numerous factors, substantially bases its reasons on the various company cracks that have occurred and, furthermore, on the competitive pressure that characterizes the market of capital on an international level. The objective of the work, using a research method based on quality, is to analyse the relation that exists between the adoption of good practices of corporate governance and the pursuance of better company performance, concentrating on the “core” of governance from an internal perspective, that is to say on the board of directors. The study, in particular, aims at examining each single variable of the board of directors, specifically in terms of dimensions, composition, leadership structure, as well as turnover of the chief executive officer, and explaining how the undertaking of specific characteristics has a positive effect on the success of the organizations. The contribution, far from attempting to come to exhaustive conclusions, will hypothesise, through a literature review of the aspects referred to, guidelines in an attempt to highlight a possible paradigm of governance, aimed at favouring the achievement of better company results as well as reinforcing the trust of investors

Patents and Scientific Publications: an Empirical Analysis of the Italian System of Academic Professor Recruitment

The recent increase in patenting by European and American university researchers has raised concerns among observers that increased patenting may be associated with less open publication of research results. This leads us to examine if the propensity to academic patenting would negatively affect publication of scientific research results and, therefore, result in less diffusion of knowledge resources; or, conversely, if it could increase the quantity and quality of scientific publications and therefore improve academic performances. We propose a quantitative approach through which we aim to test whether academic researchers who both publish and patent are less productive than their peers who concentrate exclusively on scholarly publication, in order to communicate their research results. More specifically, by using the statistical model of comparison between sample means, we analyse if the average number of publications by academic inventors is lower than the average of non-academic ones. We use a panel dataset comprising Italian academic researchers who have obtained the National Scientific Qualification as full professor in the se tor “02/B3 - Applied Physi s” in the session 2012. With regard to the relationship between patenting and publishing by university researchers there is not an unanimous doctrinal orientation. Additionally, there is only limited empirical evidence regarding the correlation between these two variables. Our study contributes to the existing literature by supporting the thesis according to which the open publication of university research results is not inhibited by patenting by university faculty members. The outcomes of the application suggest that it would appear appropriate to encourage a greater use of patents by university rese r hers. It would seem in f t th t th nks to the fin n i l support to demi rese r h nd in gener l to the in entives rising from ont t with industry the development of industrial applications is likely to produce an additional stream of results, which are relevant also in the eyes of the scientific community. These observations allow us to assert that patents could be recognized as efficient indicators of knowledge production

The correlation between the intangible and business performance: An empirical analysis

This paper focuses on the strategic importance of intangible resources, such as causal variables for the creation of business value. In the first part of the work will be highlighted, in historical key, the evolution that has characterized the enterprise economy and which has helped to make the strategic importance of the intangible. In the second part of the work, through a methodology of quantitative research, will be tested the hypothesis that the increase of investments in intangible assets increased business performance. Therefore, it will be selected a sample of thirty companies in the manufacturing sector operating in the Lazio region, not listed on official markets and with a workforce over fifty. By using the statistical technique of linear regression bivariate, considering a three-year period, the level of correlation between the intangible and the volume of sales will be measured