This study contributes to the growing body of research on the phenomenon of zombie firms by adopting a novel perspective that links corporate zombification to CEO narcissism. In line with the behavioral corporate governance approach and the Upper Echelons Theory (Hambrick & Mason, 1984), the analysis explores how CEO narcissism can influence a firm’s likelihood […]
The study of a country’s environmental sustainability is an important topic because it allows an understanding of the causes and possible solutions for protecting the environment, human health, and natural resources. Among the drivers of sustainable development, there is also the national culture of the countries, which can play a significant role in the implementation […]
Intangible assets (i.e. intellectual capital, brand, patents, R&D) have a strategic role in creating value for company. According to Fombrun (1996) corporate reputation is defined as “a perceptual representation of a company’s past actions and future prospects that describes the firm’s overall appeal to all of its key constituents when compared with other leading rivals” […]
Purpose – The objective of this paper is twofold. On one hand it explores the relationship between a firm ownership structure and R&D, on the other it tests the relationship between the board structure and the investments in innovation. Design/methodology/approach – This investigation is based on a sample of Italian listed companies observed over the […]
Purpose – The objective of this paper is to examine the relationship between some aspects of governance (such as ownership structure and characteristics of the board), the efficiency of intellectual capital and the economic and market performance of a sample of Italian listed companies. Design/methodology/approach – This study investigates a sample of forty Italian listed […]