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Financial education: what national project?
Italy does not rank among the top countries for financial literacy according to OECD statistics. But is there enough awareness in our country that financial education is important for individuals and for the economy as a whole? We have been talking about financial education since at least the mid-1990s, so this is not a new emergency that we haven’t had time to address. How is it possible that after ...
Managing nature’s portfolio: why natural capital really matters
Whether as farmers or fishers, foresters or miners, households or companies, governments or communities, we manage the assets to which we have access, in line with our motivations as best as we can. But the best each of us can achieve with our individual portfolios may nevertheless result in a massive collective failure to manage the global portfolio of all our assets. We are like a crowd of people, ...
Understanding costs to make better decisions
To measure costs effectively, it is essential to understand their possible alternative classifications and determine which items to consider and how to include them in measurement processes. Although each company may organize its costs differently, it is still possible to identify several typical categories observable across all firms, and these can therefore be regarded as the most common ...
The power of shared ideas: IFSAM’s journey in a book
A living archive of global academic collaboration, a tribute to intellectual kinship, and a call to action for the future of management scholarship. The IFSAM 35th Anniversary Memory Book is far more than a commemorative publication. Edited by Yingying Zhang-Zhang and Nic Beech, the volume gathers approximately 40 reflections from nearly 50 scholars across five continents, each offering a distinctive ...
Cash and digital money: beware the Stockholm syndrome
The digital euro is a public investment that needs to be made as soon as possible. Europe must maintain both physical and digital euros. The rationale is straightforward: the less public money is used, the greater the risk of becoming hostage to private and foreign monies – often without realizing it, and even inadvertently encouraging them. This is a kind of Stockholm syndrome, and it is precisely ...
Navigating Uncertainty: the Impact of Geopolitics on Business
How can businesses not only survive but thrive in an increasingly fragmented and unpredictable global landscape? How can systemic risks be turned into competitive advantages and opportunities for strategic innovation? And how can leaders anticipate – rather than merely react to – the major transitions of our time? On Monday, December 1, 2025, these questions took center stage in the second TalkSpace ...
CSR as a strategic lever in professional football clubs
The agenda of corporate social responsibility (CSR) has been gaining momentum in the industries of professional team sports, including the football industry. Professional football clubs have been engaging more intentionally and extensively in a plethora of CSR activities. In practice, CSR engagement activities, in the forms of community-oriented programmes, socio-cultural activities, and environmental ...
The Glass Half Full of Italian Innovation
One of the key recommendations highlighted in the Report on the Future of European Competitiveness (Draghi, 2024) stresses the need to “bridge the innovation gap,” particularly with respect to the United States. The report notes that “in Europe, innovative digital firms are unable to scale or attract financing, resulting in a significant gap in later-stage investment between the EU and the United ...
The derivative usage by listed and non-listed Italian Firms for corporate risk management
La scarsa trasparenza sull’uso dei derivati nei bilanci delle imprese è all’origine della scarsa conoscenza degli schemi di comportamento delle imprese per quanto riguarda l’impiego di tali strumenti. Questo articolo esamina le pratiche di gestione del rischio delle imprese italiane, sia quotate sia non quotate, per un’ampia varietà di rischi d’impresa: rischi di cambio, di tasso di interesse, ...
Digital Transformation: Step-by-step Strategy
To successfully tackle digital transformation, whatever sector they are in, companies cannot limit themselves to taking a few targeted actions, but must rethink the pillars of their business strategy in a context that is (and will be) increasingly digital. To that end, the traditional model of the strategic process must be integrated sector by sector, company by company, with an analysis of the external ...