Product Differentiation Costs and Global Competition

The growing competitive intensity on the markets determines the emergence of competition costs that are expressed at a corporate level and have implicit repercussions for the supply system. This type of costs makes it possible to identify a close link between competition costs and supply differentiation costs. Classification by competitive intensity presupposes that the analysis performed identifies the classification of company costs as the discriminating element, in terms of the competitive pressure of the context in which the firm operates. The emergence of competition costs is linked to an attempt to squeeze them as an aspect of vertical, or more specifically, horizontal cooperation strategies.Product Differentiation; Differentiation Costs; Over-Supply; Global Competition; Marketing; Market-Driven Management; Global Corporations; Global Markets DOI:http://dx.doi.org/10.4468/2005.1.06garbelli

Search for heavy resonances decaying into a vector boson and a Higgs boson in final states with charged leptons, neutrinos, and b quarks

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STAKEHOLDER ENGAGEMENT AND INTEGRATED REPORTING: EVIDENCE FROM THE ADOPTION OF THE IIRC FRAMEWORK

The increasing importance of transparency, sustainability, and integration of responsibilities has induced progressive modifications in corporate communication. Moreover, the fall of space and time barriers to the free movement of capital and divulgation of information emphasizes the need for uniform communications in a globalized world. According to these premises, the paper investigates the connections among sus-tainability, stakeholder engagement and the introduction of the International Integrated Reporting Frame-work. The analysis focuses on both innovation and continuity of the Framework compared to previous in-ternational reporting guidelines, also presenting the results of an empirical study on the initial adoption of the Framework in some pilot organizations

Corporate Governance in Listed Companies and Market-Driven Management

The characteristics of the listing markets and the degree of dispersion of companies’ capital stock tend to emphasise different levels of market orientation, which appear to be linked to: the models of corporate governance adopted; certain conditions that regulate the mandate receive; how governance is exercised. In particular, for listed companies, capital market orientation is conditioned by the dominance of an insider or outsider system, by the parties that appoint the governance organs and by the stakeholder that are represented in the administrative and supervisory organs. The chapter underlines the differences existing in the various countries, the characteristics of the stock markets and the composition of corporate stockholder structures by means of a research on the composition of corporate governance bodies in the ten most capitalised companies listed in Usa (representative of outsider system and one-tier corporate governance model), in Germany (representative of insider system and two-tier 'Rhenish' corporate governance model), in Italy (representative of insider system and choice among one-tier, vertical two-tier and horizontal two-tier corporate governance models)