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Family Business and New Leadership
In the period from 2012-2017, in Italy family-controlled and coalition businesses showed the largest increases in both operating and net profit, the best levels of liquid assets, and lower financial risk.Italian family-controlled and coalition businesses still show some criticalities, though: the gradual aging of leaders; the concentration of power through CEO duality; the distribution of power through ...
Conditions for the Growth of Italian Businesses
The structural difficulty preventing Italian companies from being able to grow, join forces and compete on the global market can be removed, both by intervening in the regulatory and fiscal context, and by imposing corporate governance choices that involve opening up capital to outside investors, private or otherwise, or opening up debt.The “necessary transition” that Italian companies must make ...
The Issue of Corporate Governance in Public Utilities
Public utilities, companies operating in the sectors of water, the environment, energy, and transport, have a profound impact on quality of life, being responsible for basic infrastructure and the provision of the main services in the collective interest of the population. In the history of our country, these companies grew in monopoly conditions, as a direct representation of the public entities ...
How a Family Business Grows
A rather deep-rooted prejudice is that a family business goes hand-in-hand with a small-sized business. In actual fact, in the last ten years in Italy, the incidence of family businesses out of total companies exceeding 50 million euros of turnover has increased, in terms of both turnover and employees. Obviously, not all family businesses are the same. According to the tenth edition of the AUB report ...