Going concern modifications and related disclosures in the Italian stock market: do regulatory improvements help investors in capturing financial distress?

Journal of Management and Governance - This paper investigates the investor reaction to audit reports containing a going concern modification (GCM) in the Italian market following new amendments...     

Analysis of the spread of Rhynchophorus ferrugineus in an urban area,using GIS techniques: a study case in Central Italy

Urban Ecosystems - The spread of the red palm weevil is now a very severe problem on a global scale. In this paper, we investigate its spread during the 2007–2013 period in a coastal urban...     

Reduced Risk-Taking After Prior Losses in Pathological Gamblers Under Treatment and Healthy Control Group but not in Problem Gamblers

A group of pathological gamblers and a group of problem gamblers (i.e., gamblers at risk of becoming pathological) were compared to healthy controls on their risk-taking propensity after prior losses. Each participant played both the Balloon Analogue Risk Taking task (BART) and a modified version of the same task, where individuals face five repeated predetermined early losses at the onset of the game. No significant difference in risk-taking was found between groups on the standard BART task, while significant differences emerged when comparing behaviors in the two tasks: both pathological gamblers and controls reduced their risk-taking tendency after prior losses in the modified BART compared to the standard BART, whereas problem gamblers showed no reduction in risk-taking after prior losses. We interpret these results as a sign of a reduced sensitivity to negative feedback in problem gamblers which might contribute to explain their loss-chasing tendency.     

Governing Deviance in Public Space through Mayoral Orders: Fields Mismatch and Metropolitan Turbulence

This article addresses the issue of policy change and its consequences on the organizational field and institutional context, looking at the role of an instrument transfer process. We adopt a political sociology approach to policy instruments to account for the impact that the introduction of a securitarian instrument, the mayoral order, had on the implementation process of a social policy. Through a genealogy of the instrument we identify a constitutive, normative and cognitive dimension. Our aim is to explain the interaction between these institutional dimensions, the re‐definition of the organizational field of the policy, and the dynamics of metropolitan politics. Following a synthesis of the policy process and the institutional arrangements where the policy is implemented, we show how the instrument transfer triggered a division within the organizational field, and the rise of institutional tensions amongst local authorities. In the conclusion, we identify the institutional dimensions of the instruments and the policy implementation scale as elements that are to interact with public‐private relationships and institutional arrangements, and that have an impact on implementation process and policy outcome.     

Can Corruption Erode Confidence in Political Institutions Among European Countries? Comparing the Effects of Different Measures of Perceived Corruption

The purpose of this study is to analyze the effects of corruption on institutional confidence through testing alternative perceptions-based indexes of corruption. Scholars who have investigated this topic have often employed only indicators of corruption based on experts’ surveys. In this article we also consider a new index of corruption developed aggregating citizens’ perceptions. The first part of the paper explores the levels of corruption perceived by the citizens of EU member states, stressing the differences with the experts’ opinions. The second part tests, through a multivariate analysis, the impact of citizens’ and experts’ perceptions-based indexes of corruption on institutional confidence. The main results show that experts and citizens tend to express similar opinions on the extent of corruption in EU member states though, especially in some countries, these actors present some noticeable differences. Nevertheless, irrespective of the indexes used, more corrupt countries are characterized by lower levels of confidence in parliament and government. This relationship holds even controlling for the presence of reverse causality between corruption and confidence.     

Social Networks and Social Settings: Developing a Coevolutionary View

One way to think about social context is as a sample of alters. To understand individual action, therefore, it matters greatly where these alters may be coming from, and how they are connected. According to one vision, connections among alters induce local dependencies—emergent rules of social interaction that generate endogenously the observed network structure of social settings. Social selection is the decision of interest in this perspective. According to a second vision, social settings are collections of social foci—physical or symbolic locales where actors meet. Because alters are more likely to be drawn from focused sets, shared social foci are frequently considered as the main generators of network ties, and hence of setting structure. Affiliation to social foci is the decision of central interest in this second view. In this paper we show how stochastic actor–oriented models (SAOMs) originally derived for studying the dynamics of multiple networks may be adopted to represent and examine these interconnected systems of decisions (selection and affiliation) within a unified analytical framework. We illustrate the empirical value of the model in the context of a longitudinal sample of adolescent participating in the Glasgow Teenage Friends and Lifestyle Study. Social selection decisions are examined in the context of networks of friendship relations. The analysis treats musical genres as the main social foci of interest.     

The Meta Co-production of Community Outcomes: Towards a Citizens’ Capabilities Approach

This article contributes to the growing amount of literature on co-production, focusing on co-production of public outcomes and taking the perspective of local government and public managers. A model for explaining the dynamics of outcomes’ creation at the community level is provided. The core argument of the article is that community outcomes result from a sum of peer production, co-production and inter-organizational collaboration processes promoted and activated at individual, organizational and network level across the public, third and private sectors. Institutional, managerial and organizational implications are discussed. The article argues that local government and public managers are asked to play new roles and to employ a new ethos grounded in a citizens capabilities’ approach.