scholarly journals Signaling the Adoption of the Benefit Corporation Model: A Step towards Transparency

2021 ◽  
Author(s):  
Davide Galli ◽  
Riccardo Torelli ◽  
Veronica Tibiletti
Keyword(s):  
Business Model ◽  
Signaling Theory ◽  
Small Companies ◽  
Financial Reports ◽  
Us States ◽  
Governance Framework ◽  
Benefit Corporation ◽  
Depth Analysis ◽  
Benefit Corporations

Using the signaling theory as a reference, this research conducts an in-depth analysis of the adoption of the benefit corporation model, a legal and governance framework introduced into Italian regulations in 2016 following legislation introduced by many US states between 2010 and 2013. Focusing on the experience of Italian benefit corporations, we explore how these businesses manage their signaling environment (signaler, signal, receiver, and feedback) to obtain greater transparency. The analysis focuses on companies’ bylaws, websites, and non-financial reports and suggests that the adoption of this new hybrid business model will only translate into an opportunity for greater transparency for one in four benefit corporations. The ability to strengthen the effects of adopting this model, adequate resources, and a long-term approach are required. The model, therefore, appears to present an opportunity for larger companies that have already invested adequately in the development of communication (web) and reporting (report) tools. The results seem to suggest that, on the contrary, for small companies with less experience, transformation into a benefit corporation may generate a risk of ambiguity.

scholarly journals Signaling the Adoption of the Benefit Corporation Model: A Step towards Transparency

2021 ◽  
Vol 13 (12) ◽  
pp. 6967
Author(s):  
Davide Galli ◽  
Riccardo Torelli ◽  
Veronica Tibiletti
Keyword(s):  
Business Model ◽  
Signaling Theory ◽  
Small Companies ◽  
Financial Reports ◽  
Us States ◽  
Governance Framework ◽  
Benefit Corporation ◽  
Depth Analysis ◽  
Benefit Corporations

Using the signaling theory as a reference, this research conducts an in-depth analysis of the adoption of the benefit corporation model, a legal and governance framework introduced into Italian regulations in 2016 following legislation introduced by many US states between 2010 and 2013. Focusing on the experience of Italian benefit corporations, we explore how these businesses manage their signaling environment (signaler, signal, receiver, and feedback) to obtain greater transparency. The analysis focuses on companies’ bylaws, websites, and non-financial reports and suggests that the adoption of this new hybrid business model will only translate into an opportunity for greater transparency for one in four benefit corporations. The ability to strengthen the effects of adopting this model, adequate resources, and a long-term approach are required. The model, therefore, appears to present an opportunity for larger companies that have already invested adequately in the development of communication (web) and reporting (report) tools. The results seem to suggest that, on the contrary, for small companies with less experience, transformation into a benefit corporation may generate a risk of ambiguity.

Capabilities of Bottom of the Pyramid Organizations

2021 ◽  
pp. 000765032110018
Author(s):  
Farley Simon Nobre ◽  
Rodrigo L. Morais-da-Silva
Keyword(s):  
Business Model ◽  
Integrative Review ◽  
Responsible Innovation ◽  
Future Research ◽  
Bottom Of The Pyramid ◽  
Main Question ◽  
Responsible Management ◽  
Responsible Consumption ◽  
Short And Long Term

Bottom of the Pyramid (BoP) organizations are the ones that develop a set of capabilities that contribute to create short- and long-term sustainability values inside and outside the boundaries of BoP ecosystems. Capabilities have an important role in BoP organizations’ strategies that aim to solve BoP issues. Notwithstanding its developments, BoP research still lacks theoretical contributions for the analysis of organizations. We suggest special attention to the need of advancing knowledge on capabilities of BoP organizations because this field is scattered and fragmented, misinterpreted, and still underdeveloped in the literature. We oriented our research formulating and seeking answers to our main question on what are the capabilities needed to enable organizations to create sustainability values in BoP ecosystems? We conducted an integrative review of BoP research for the period from 1998 to 2019, and we found 22 key capabilities of BoP organizations. We organized the capabilities into four major categories including BoP Responsible Consumption, BoP Responsible Business Model, BoP Responsible Management, and BoP Responsible Innovation. We advanced propositions and discussions regarding the capabilities and major categories’ popularity, interdependence and combination, short- and long-term temporal functions, sustainability roles, and effectiveness to address BoP issues. Our article organizes the field of capabilities of BoP organizations; advances contributions and implications for management, organizations, and policymaking; and opens fruitful avenues for future research.

Benefit Corporations Approach to Environmental, Social and Governance Disclosure: A Focus on Italy

2020 ◽  
Vol 10 (4) ◽  
Author(s):  
Mauro Sciarelli ◽  
Silvia Cosimato ◽  
Giovanni Landi
Keyword(s):  
Qualitative Method ◽  
Positive Impact ◽  
Corporate Structure ◽  
New Approach ◽  
For Profit ◽  
Benefit Corporation ◽  
Benefit Corporations ◽  
Multiple Case ◽  
Governance Disclosure

AbstractOver the last decades, Benefit Corporations arouse as a new corporate structure, alternative to traditional ones and pointing to offer a new approach to the management of business and sustainability issues. These companies' activities are statutory aimed at bridging for-profit and no-profit activities; thus, they intentionally and statutory pursue economic purposes together with social and environmental ones, to create a positive impact on economy, society and environment. Even though, Italian and other national laws set some specific disclosure duties for Benefit Corporations, especially in terms of Environmental, Social and Governance (ESG) issues, the literature still calls for further research on the topic. Therefore, this paper is aimed at contributing to bridge this gap, investigating the way Italian Benefit Corporations approach ESG disclosure. To this end, an exploratory analysis has been conducted, implementing a qualitative method, based on a multiple case study strategy. Even though the descriptive nature of the study, the achieved findings pointed out that the Benefit Corporation structure not necessarily implies a better approach to ESG.

scholarly journals Territorial governance of managed retreat in Sweden: addressing challenges

2021 ◽  
Author(s):  
Gunnel Göransson ◽  
Lisa Van Well ◽  
David Bendz ◽  
Per Danielsson ◽  
Jim Hedfors
Keyword(s):  
Climate Adaptation ◽  
Governance Framework ◽  
Case Study Site ◽  
Feasible Option ◽  
Flexible Planning ◽  
Barriers And Opportunities ◽  
Study Sites ◽  
Inland Flooding

AbstractMany climate adaptation options currently being discussed in Sweden to meet the challenge of surging seas and inland flooding advocate holding the line through various hard and soft measures to stabilize the shoreline, while managed retreat is neither considered as feasible option nor has it been explicitly researched in Sweden. However, failure to consider future flooding from climate change in municipal planning may have dangerous and costly consequences when the water does come. We suggest that managed retreat practices are challenging in Sweden, not only due to public opinions but also because of a deficit of uptake of territorial knowledge by decision-makers and difficulties in realizing flexible planning options of the shoreline. A territorial governance framework was used as a heuristic to explore the challenges to managed retreat in four urban case studies (three municipalities and one county) representing different territorial, hydrological and oceanographic environments. This was done through a series of participatory stakeholder workshops. The analysis using a territorial governance framework based on dimensions of coordination, integration, mobilization, adaptation and realization presents variations in how managed retreat barriers and opportunities are perceived among case study sites, mainly due to the differing territorial or place-based challenges. The results also indicate common challenges regardless of the case study site, including coordination challenges and unclear responsibility, the need for integrated means of addressing goal conflicts and being able to adapt flexibly to existing regulations and plans. Yet rethinking how managed retreat could boost community resilience and help to implement long-term visions was seen as a way to deal with some of the territorial challenges.

scholarly journals Design of a Database of Case Studies and Technologies to Increase the Diffusion of Low-Temperature Waste Heat Recovery in the Industrial Sector

2021 ◽  
Vol 13 (9) ◽  
pp. 5223
Author(s):  
Miriam Benedetti ◽  
Daniele Dadi ◽  
Lorena Giordano ◽  
Vito Introna ◽  
Pasquale Eduardo Lapenna ◽  
...  
Keyword(s):  
Low Temperature ◽  
Case Studies ◽  
Heat Recovery ◽  
Waste Heat Recovery ◽  
Waste Heat ◽  
Industrial Sector ◽  
Implementation Rate ◽  
Depth Analysis ◽  
Technology Market

The recovery of waste heat is a fundamental means of achieving the ambitious medium- and long-term targets set by European and international directives. Despite the large availability of waste heat, especially at low temperatures (<250 °C), the implementation rate of heat recovery interventions is still low, mainly due to non-technical barriers. To overcome this limitation, this work aims to develop two distinct databases containing waste heat recovery case studies and technologies as a novel tool to enhance knowledge transfer in the industrial sector. Through an in-depth analysis of the scientific literature, the two databases’ structures were developed, defining fields and information to collect, and then a preliminary population was performed. Both databases were validated by interacting with companies which operate in the heat recovery technology market and which are possible users of the tools. Those proposed are the first example in the literature of databases completely focused on low-temperature waste heat recovery in the industrial sector and able to provide detailed information on heat exchange and the technologies used. The tools proposed are two key elements in supporting companies in all the phases of a heat recovery intervention: from identifying waste heat to choosing the best technology to be adopted.

P48 IN DEPTH ANALYSIS OF GRAFT IMPLANTS IN A HUNTINGTON??S DISEASE PATIENT: LEAD INTO LONG-TERM GRAFT SURVIVAL, DEVELOPMENT AND CONNECTIVITY.

2006 ◽  
Vol 17 (5-6) ◽  
pp. 554
Author(s):  
F. Cicchetti ◽  
S. Saporta ◽  
M. Saint-Pierre ◽  
P. Gould ◽  
T. Freeman
Keyword(s):  
Graft Survival ◽  
Disease Patient ◽  
Depth Analysis

The Benefits of Benefit Forms

2020 ◽  
Vol 31 ◽  
pp. 77-88
Author(s):  
Caddie Putnam Rankin ◽  
Keyword(s):  
Historical Analysis ◽  
Sustainable Business ◽  
Benefit Corporation ◽  
Time Period ◽  
Benefit Corporations

This article explores adoption rates of B Corps certification and Benefit Corporation incorporation in order to discuss what benefits exist for organizations to adopt sustainable business forms. The analysis of the data identifies states with low and high adoption rates. The study is based on historical analysis of 4686 incorporated Benefit Corporations from 2007 to 2016 and 837 certified B Corps during the same time period. Patterns of adoption are identified and states with high and low adoption rates are categorized, analyzed, and discussed. The patterns reveal which states are most likely to support lasting or short lived legal, peer, and stakeholder benefits for sustainable business.

The Rising Dragon and The Defending Eagle: Understanding the Geopolitical Rivalry between U.S. - China in South China Sea

2020 ◽  
Vol 1 (1) ◽  
pp. 28-42
Author(s):  
Hardhana Danastri
Keyword(s):  
South China Sea ◽  
Qualitative Methods ◽  
South China ◽  
Great Power ◽  
Economic Power ◽  
China Sea ◽  
Depth Analysis ◽  
Rising Power

This paper aims to understand the geopolitical rivalry between the long-standing great power U.S. and the world’s emerging economic power China, particularly their rivalry within contested South China Sea. This article conducted qualitative methods to produce in depth analysis towards the phenomenon. One question is at stake which is what both powers want in South China Sea. The answer raises an additional inquiry; what kind of significances that South China Sea promises for either U.S. or China? This article argues that U.S. and China both strive for control over the territory. To answer the latter question, this paper is using a geopolitical approach, emphasizing on the lines of communication and centers of resources that South China Sea offers. This paper also argues that China’s geopolitical objective is intended to strengthen their regional hegemony, ultimately global pre-eminence in the long-term. Meanwhile, U.S. seeks to re-assert their power in the region and to rebalance their rising power.

Strategi Pemasaran Produk Asuransi Investasi di Indonesia

2021 ◽  
Vol 5 (2) ◽  
pp. 183-194
Author(s):  
Aida Lasmi ◽  
Nuri Aslami
Keyword(s):  
Qualitative Analysis ◽  
Marketing Strategy ◽  
Good Service ◽  
The Public ◽  
Depth Analysis ◽  
The Right ◽  
Customer Trust ◽  
Strategy Marketing

Today's Indonesian people have a high desire to protect themselves with iberinsurance and even invest while being insured. Insurance has slowly become a necessity for the community as a form of protection and investment in the medium and long term. For investment insurers, a person does not need to manage the purchased policy, it is enough to pay the initial investment premium and then everything is managed by the police issuer, so that it is convenient for the public to use it according to their needs and provisions. The purpose of this research is to find out the implementation of the marketing strategy for investment insurance products at PT AXAi Mandiri Financiali Services (Axa Mandiri) in attracting customers through analyzing the strengths, weaknesses, opportunities and threats faced and simulating premiums on investment insurance products, explaining the qualitative analysis used by the company in depth analysis. The results obtained are that the company iAxa Mandirii increases customer trust by sharpening aspects of its marketing strategy, which begins with identifying the aspects that underlie the preparation of insurance which focuses on investment, determining the brand to be more recognizable by the wider community, a strong personal team, good service, the right choice of products and quality, the right premium, Attractive product packagingii and continuous promotion are the overall strengths applied by Axa Mandiri.  Keywords: strategy, marketing, insurance, investment

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