Marco Tutino

• Roma Tre University

The conference proceedings book "New outlooks for the scholarly research in corporate governance" proposes research abstracts that investigate a wide variety of issues on new tendencies and outlooks of current corporate governance. The conference abstracts study, in particular, board of directors issues, accounting, auditing and financial reporting...

This study aims to emphasize the significance of social auditing, despite the persisting ambiguities surrounding the use of terms like social audit or social accountability in the context of PB. Additionally, it contributes by analyzing the present state of social auditing and social accountability in PB, highlighting the public sector reforms impl...

Scholars are aware that the term “corporate governance” still lacks a clear and shared definition, despite being in use for over fifty years (Zattoni, 2020). In fact, various scholars have offered different definitions, considering both the range and diversity of stakeholders involved in governance and management, as well as the extensiveness and v...

Purpose This work aims to investigate the current financial structure of Italian agri-food micro, small and medium enterprises (MSMEs) to understand how MSMEs face innovation challenges, which are also required to support sustainable development. Design/methodology/approach To reach the goal, an empirical longitudinal analysis is performed on a sa...

The present research seeks to shed light on and solve some issues related to the corporate governance of a category of entities that is fundamental for Italy’s economic and social development, the regional promotional institutions and banks. These problems arise from the hybridity of these institutions since they do not assume a unique and specific...

The recent issue of the Corporate Ownership and Control journal (volume 19, issue 1) covers the following key themes: accounting standards, corporate governance and social responsibility, public sector governance, financial management and firm performance. The authors represent a range of developed and developing countries, making this issue of the...

By analyzing the literature regarding the peculiarities of the Corporate Governance (CG) structure and their impact on the companies’ performance, it is possible to understand that the characteristics of the CG, especially of the Board of Directors (BoDs), strongly affect companies. Particularly, it is renowned that the diversity of members, as wel...

The purpose of the present work was to gauge the extent of the impact on earnings management derived from the adoption of International Financial Reporting Standards (IFRS) 15 as well as detecting whether the impact will be similar in different industries. To provide empirical evidence that earnings management is more frequent in some industries an...

The book "Corporate Ownership and Control: International Trends" examines the corporate governance systems in nine countries (the USA, Italy, Spain, Turkey, New Zealand, China, Brazil, India, Nigeria) with particular emphasis on corporate ownership and control issues. This book picks up several very important issues related to corporate governance....

Publishing house Virtus Interpress introduces a conference proceedings focused on the variety of crucial issues of corporate governance, i.e. corporate ownership and control, earnings management, audit, corporate social responsibility and compliance, etc., titled "Corporate governance: Search for the advanced practices". A scholarly contribution to...

According to Torgler and Piatti (2013), “researchers today invest much effort in having their contributions screened. For example, in 1974, only 19 per cent of papers published in American Economic Review had been presented at one or more conferences, workshops or seminars, for critical commentary prior to publication. On average, the number of pre...

This paper explains the main features of accounting fraud across an examination of the current literature by putting the environment and the different ways to prevent fraud under a microscope. The study analyses in five steps how corporate governance, ethical behaviour, accounting manipulation, detection techniques and forensic accounting are relat...

Accounting standard boards (IASB and FASB) are aimed at designing high-quality standards able to increase transparency and comparability of financial reporting. They have chosen fair value accounting (FVA) approach to improve the quality of financial reporting and at the same time help financial reporting users in the decision-making process. Durin...

Starting from the assumption that Corporate Social Responsibility (CSR) performances and financial performances are the results of the plan of actions of companies and depend on the financial and sustainability policies, the aim of this paper is to understand, thanks to a traditional literature review, what kind of relationship exists between the c...

Accounting standard boards (IASB and FASB) have chosen fair value accounting (FVA) approach to help financial reporting users in the decision-making process. During recent years, an intense debate arose about the trade-off between relevance and reliability of accounting information in this approach. Even if fair value based information could be con...

The objective of the work is to identify any significant relationships between different levels of fair value hierarchy for the valuation of financial assets and two main variables: market capitalization and net income. We considered a sample of 506 insurance companies in two main areas –in the US and in Europe - all listed between 2013 and 2008. R...

The concept of intangibles is fundamental in current economies. Their evaluation and the knowledge of their importance by third parties are linked to the issues of recognition and measurement of these assets. Despite the growing importance of intangibles to reach and maintain a competitive advantage in a complex environment, current financial state...

The debate on the relation between corporate governance quality, firm value and performance is on the top since last years. Literature research shows segmented evidence on the topic depending on the market observed, the sample considered, the statistical model adopted and specific characteristics considered. So that, the question is still open. The...

The topics of voluntary disclosure of firm is an open debate. Literature has been variously focused on different path take into account the Stakeholder Theory (Freeman, 1984). In this paper we deal with an emerging issue related to the IASB document "Management Commentary. A framework for presentation". In particular, objective of the research is t...

The purpose of the paper is to examine the characteristics and motives of Italian voluntary Public to Private transactions (PTPs) between 2001 and 2011 observing a final sample of more than 53 industrial companies, compared with a control sample of 106 companies still listed in the period. Main goal is to assess if any signals can predict a going p...

The debate on fair value accounting is still open although last 20 years have been spent in searching for solution by academician, practitioners and institutions. After a long and continuous discussion both on the basic concepts and the information level contained in fair value measurements and on the different solutions that is possible to adopt i...

The Paper presents the results of an empirical and qualitative research carried out to study the effect of deals involving private equity funds on the financial network of Small Medium Entities (SMEs). Through direct interviews and questionnaires, a sample of 17 Italian deals during the period 2005-2006 has been selected primarily to know about (i)...

This paper has a double aim, to give a theoretical evaluation of the disclosure model chosen by IASB referring to market risks of financial instruments and to analyze the practical solutions adopted in the case of a sample of listed banks and compliance of the information referring to risk in the “Notes” to the requirements of IFRS 7. The research,...

A great deal of studies have been carried out so far to explore the impacts of private equity or venture capital (VC) investors on their portfolio companies. Most of them focus on corporate governance, management composition and skills, competences, and performance. A lesser amount of studies have been conducted on how VC investments interact with...

Through a cross sectional and time series analysis the paper provides a comparative investigation of audited versus non-audited performance indicators in term of incremental information content to assess future share price of European listed companies. Net Operating Profit expressed by EBIT and Cash Flow From Operation are considered as audited ind...

The paper investigates the relation between the Share Price and three performance indicators: Net Operating Profit expressed by EBIT, Cash Flow From Operation and Economic Value Added. The sample includes 42 listed industrial companies chosen in four European financial markets, such as United Kingdom, Germany, France and Italy, all listed in the pe...

This chapter proposes a model of performance analysis for microfinance programmes and institutions in order to evaluate actual or expected results. In particular, performance evaluation approach should be considered from two distinct perspectives:1) the first approach is related to the performance of a single project managed adopting a perspective...

1. Introduzione La realtà economico-aziendale moderna si è andata via via modifi-cando sempre più rapidamente. Dagli anni Ottanta in poi i contesti aziendali hanno subìto l'accelerazione delle forze di mercato ricondu-cibili a fattori di tipo socio-economico e competitivo. È da rilevare, infatti, come il forte impatto dell'evoluzione tecnologica ab...