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Article
Publication date: 24 June 2021

Riccardo Ferretti and Andrea Sciandra

This paper focuses on the influence of social, cultural and religious factors on investors' attention. In particular, the authors examined if the attention-grabbing…

Abstract

Purpose

This paper focuses on the influence of social, cultural and religious factors on investors' attention. In particular, the authors examined if the attention-grabbing mechanism works on Sundays, that is, if the Italians' Sunday activities and habits lead to a lower attention to second-hand financial news, compared to Saturdays.

Design/methodology/approach

The authors analyzed the market reaction to equivalent stale events published on the Saturday and Sunday editions of an Italian financial newspaper and conducted a standard event study on abnormal returns and abnormal volumes for Saturday and Sunday columns and a multivariate analysis on abnormal returns for columns reporting positive recommendations. As a robustness check, the authors performed a sentiment analysis of the columns and included this variable in the regression analysis, but sentiment proved to be not significant in the final model.

Findings

The study’s results confirmed that the attention-grabbing mechanism directed buying decisions, while had no influence on selling decisions. Furthermore, event study and multivariate analysis showed a significant lower market reaction to Sunday columns, supporting the study hypothesis of a Sunday investors' inattention which can be traced to cultural and/or religious factors since Sunday in Italy is a day devoted to family, entertainment and religious rituals.

Practical implications

The lower investors' attention on Sundays and the related influence of social, cultural and religious factors have implications for the timing of both corporate communications and financial advertising.

Originality/value

The authors’ paper provides an original contribution, on the empirical ground, to the attention-grabbing theory and to the growing theoretical literature in microeconomics that models attention.

Details

Review of Behavioral Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1940-5979

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Article
Publication date: 15 November 2011

Chiara Valentini and Stefania Romenti

The aim of this paper is to explore the role of the blogosphere in framing Alitalia's performance during its 2008 crisis.

Abstract

Purpose

The aim of this paper is to explore the role of the blogosphere in framing Alitalia's performance during its 2008 crisis.

Design/methodology/approach

Content analysis was chosen as research method to investigate bloggers' perceptions of Alitalia's crisis. Five major Italian blogs were selected and each blog was operationalised in units of analysis and explored for posts and post comments. The final sample comprises 27 blog posts and 467 blog post comments.

Findings

The results show that the Italian blogosphere was mostly interested in the exploration of technical, economic aspects of the crisis and consequences for the community. Although some differences in the way the crisis was discussed by bloggers and blog readers are visible, both bloggers and blog readers primarily framed Alitalia's crisis with a negative tone and were extremely critical towards the Italian government and Alitalia management in the way they handled the crisis.

Research limitations/implications

Because of the choice of a qualitative inquiry, based on a single case study, generalisability of results is not possible.

Practical implications

This analysis suggests that crises are framed differently in the blogosphere than in traditional media and therefore, public relations managers should differentiate their crisis response strategies addressed to the blogosphere from those for traditional media. The lack of official statements by Alitalia also shows that public relations practitioners should have taken a more active role in the discussions in the blogosphere to correct wrong or distorted information in posts and comments.

Originality/value

This study provides practitioners and scholars with interesting insights into the blogosphere and bloggers' opinions during a crisis situation.

Details

Journal of Communication Management, vol. 15 no. 4
Type: Research Article
ISSN: 1363-254X

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Article
Publication date: 15 August 2008

Virginia Bodolica and Martin Spraggon

The purpose of this paper is to explore multiple cases of Moldovan women who individually initiated and involved in work arrangements with Italian employers. The main…

Abstract

Purpose

The purpose of this paper is to explore multiple cases of Moldovan women who individually initiated and involved in work arrangements with Italian employers. The main purpose is to examine the international employment experiences of female migrants by identifying the challenges they face in a foreign country and building a comprehensive typology of female migrant workers.

Design/methodology/approach

The empirical work consists of field notes gathered through direct observations and semi‐structured interviews conducted with five Moldovan women while they were still working in Italy. The content analysis of the interviews reveals how Moldovan workers perceive their foreign experience and the ways it influences their personal development.

Findings

The paper suggests that such brain mobility concepts as brain drain, brain waste and optimal brain drain represent the distinguishing characteristics of our interviewees who are citizens of a transitional economy. Imaginary trip, frustrating encounter, identity consolidation and self‐actualization are identified as four consecutive stages through which the self‐initiated migration experience develops over the time. The resulting variations in migrants' behaviours and mind‐sets create a typology of female workers based on their desperateness to migrate (planner vs despairer), their failure to tolerate the frustrating encounter (surrenderer), their attitudes towards personal development (conformist vs rejuvenator) and their ability to transcend their own limitations (highflyer). The paper describes the double identity strangeness along with other aspects which differentiate self‐initiated experiences from expatriate assignments.

Research limitations/implications

The use of a limited number of case studies prevents concluding whether and to what extent the findings apply to all female migrant workers from other transitional economies. This limitation could be clarified in a future study on larger samples of female respondents involved in self‐initiated employment arrangements in Italy or in other developed countries.

Practical implications

At the organizational level, the findings allow employers and human resource managers in the destination country to distinguish different types of migrant workers and better understand their particular needs in order to facilitate their intra‐firm integration.

Originality/value

Using a gender analysis highlighted in the international migration literature, this research makes a contribution towards creating a solid knowledge base on Moldovan migrant women – a widely underexplored group of migrant workers – and their involvement in labour market processes in Italy.

Details

Equal Opportunities International, vol. 27 no. 6
Type: Research Article
ISSN: 0261-0159

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Article
Publication date: 12 October 2010

Stefania Romenti and Chiara Valentini

The purpose of this investigation is to explore Alitalia and the Italian Government's crisis response strategies (CRSs) implemented in three specific periods of 2008 to…

Abstract

Purpose

The purpose of this investigation is to explore Alitalia and the Italian Government's crisis response strategies (CRSs) implemented in three specific periods of 2008 to understand Alitalia and the Italian Government's approach in communicating with media stakeholders as well as to examine how main Italian and international newspapers framed Alitalia's CRSs.

Design/methodology/approach

This study adopts a content analysis approach to evaluate CRSs used by Alitalia and the Italian Government in their official press releases then reported by the main Italian and international newspapers.

Findings

Both Alitalia and the Italian Government focused mostly on corrective action – however, some differences in their choice of CRSs are visible during the three periods. Alitalia provided more information on the situation through its press releases than the government, whereas the government used in a larger measure excuse strategies, especially in the later period. In terms of news coverage, the content analysis shows that the CRSs reported by the international press correspond to those in the press releases whereas the Italian newspapers preferred other frames than those offered by Alitalia and the Italian Government.

Research limitations/implications

The findings confirm previous investigations on the importance of applying a context‐oriented approach in crisis communication management, but they also underline the importance of media relations management.

Originality/value

This study extends the body of knowledge in crisis communication management and news coverage and offers some suggestions to manage effective media relations within the Italian media system.

Details

Corporate Communications: An International Journal, vol. 15 no. 4
Type: Research Article
ISSN: 1356-3289

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Book part
Publication date: 30 November 2020

Elena Allegri

In the contemporary media landscape, gender violence has achieved great visibility. However, the media still struggle to represent the complexity of violence perpetrated…

Abstract

In the contemporary media landscape, gender violence has achieved great visibility. However, the media still struggle to represent the complexity of violence perpetrated by men against women in its various forms – femicide, domestic violence (DV), intimate partner violence and violence against women. The narratives that represent such violence as an expression of individual deviance or as a crime of passion are still the most widespread both in fictional and factual products. This chapter will look at a case study by applying a multiperspective methodology of femicide and DV in an Italian town. In particular, the exemplary case study presented here was constructed by analysing newspaper articles, social networks and one television broadcast. The first part of the chapter is dedicated to the analysis of literature on femicide, DV and gender violence in relation to studies and research on media coverage, with particular reference to Italian studies. The second part presents the methodology applied in the research. The third part presents the outcomes regarding the analysis of the narrative, highlighting the frames that characterise it. Finally, the fourth part shows the conclusion that can be derived.

Details

Gendered Domestic Violence and Abuse in Popular Culture
Type: Book
ISBN: 978-1-83867-781-7

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Article
Publication date: 31 December 2004

Nigel O’Connor and Toni Muzi Falconi

This paper brings together new and existing resource material to provide a detailed profile of the regulatory environments affecting the practice of public relations in…

Abstract

This paper brings together new and existing resource material to provide a detailed profile of the regulatory environments affecting the practice of public relations in the UK, Italy and South Africa. It is hoped that by contextualising the social, political and economic factors specific to each country, readers will be more acutely aware of similarities and differences between PR practices in each country. This approach aims to help drive PR policy development by providing a useful template for further national and continental PR regulatory environment mapping.

Details

Journal of Communication Management, vol. 9 no. 1
Type: Research Article
ISSN: 1363-254X

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Article
Publication date: 7 January 2019

Andrea Mangani

The representation of economic and financial crimes in the mass media can have a significant impact on readers’ and citizens’ perceptions of illegality and on a firm’s…

Abstract

Purpose

The representation of economic and financial crimes in the mass media can have a significant impact on readers’ and citizens’ perceptions of illegality and on a firm’s propensity to invest in different areas of the country in question. This paper aims to study the possible geographical media bias regarding tax evasion in Italy.

Design/methodology/approach

The empirical analysis considers 618 articles on tax evasion published between 2012 and 2016 in two top Italian newspapers, La Repubblica (based in Rome) and Il Corriere della Sera (based in Milan).

Findings

Excluding Insular Italy (Sicily and Sardinia), the articles on tax evasion in Southern Italy are systematically shorter. A further analysis shows that La Repubblica is largely responsible for this bias. This result holds after controlling for other events (bank robberies) and for the identity of journalists.

Originality/value

Previous studies considered the possible media bias regarding particularly dramatic criminal events, for example, terrorism acts or murders. This paper considers a less dramatic though more pervasive crime. In addition, an assessment of media attitude towards tax evasion is more complex, because the news reports both the crime and the successful actions that combat it.

Details

Journal of Financial Crime, vol. 26 no. 1
Type: Research Article
ISSN: 1359-0790

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Article
Publication date: 5 July 2013

Gianluca Mattarocci and Georgios Siligardos

The paper aims to investigate the relationship between different investor attention proxies for different types of funds (retail vs institutional ones) looking at a sample…

Abstract

Purpose

The paper aims to investigate the relationship between different investor attention proxies for different types of funds (retail vs institutional ones) looking at a sample of real estate funds.

Design/methodology/approach

The authors collect data about searching frequency on Google and all the news published in Italian specialized newspapers for a set of real estate funds. Following the approach proposed by Da, Engelberg and Gao, the authors construct a set of attention proxies and they compare the ranking with some summary statistics and evaluate the causality relationship among them using a Granger causality test.

Findings

Results demonstrate that online search frequency is relevant for both institutional and retail funds and normally internet data are able to anticipate the news that will be published in the newspapers.

Research limitations/implications

The analysis proposed is focused only on a small real estate market (Italy) where funds are specialized for the type of investor. A wider database can allow excluding that results achieved are biased by the specific features of the market analysed.

Practical implications

The role of internet proxies attention measures also for institutional investors demonstrate that the managing companies offering financial instruments reserved to institutional investors should consider both channels of information – newspapers and the internet – to measure any positive or negative sign of investor attention to their products.

Originality/value

The article represents the first analysis of investor attention proxies on the real estate market and the first comparison of investor attention proxies for retail and institutional investors.

Details

Journal of Property Investment & Finance, vol. 31 no. 4
Type: Research Article
ISSN: 1463-578X

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Book part
Publication date: 27 August 2014

Luca Gastaldi and Mariano Corso

Drawing on the experience of the Observatories, a set of interconnected research centers in Italy, this chapter explains why academics are in one of the best positions to…

Abstract

Drawing on the experience of the Observatories, a set of interconnected research centers in Italy, this chapter explains why academics are in one of the best positions to orchestrate interorganizational initiatives of change and development, and highlights two prerequisites that appear necessary to render salient this orchestrator role of academics: (i) the extensive use of multiple approaches of collaborative research and (ii) the creation and maintenance of a platform allowing the management and diffusion of the network-based learning mechanisms underlying each change and development effort. The contributions extend existing knowledge on organization development and collaborative research.

Details

Research in Organizational Change and Development
Type: Book
ISBN: 978-1-78190-891-4

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Article
Publication date: 16 February 2015

Carlo Mari

– The aim of this paper is to examine marketing practices within the bicycle industry.

Abstract

Purpose

The aim of this paper is to examine marketing practices within the bicycle industry.

Design/methodology/approach

The paper utilizes both primary and secondary sources to provide a retrospective analysis of marketing strategy at the largest Italian bicycle company.

Findings

The paper explains how marketing works at the Bianchi company and provides a detailed analysis of how it built its brand identity over time.

Research limitations/implications

Very few primary sources were available. There was neither a company archive nor other archives. For the most part, the paper is based on secondary sources.

Originality/value

The paper tries to fill the gap in current marketing literature that usually neglects the bicycle as a relevant topic, despite bicycle companies being a predecessor to the automobile industry. Moreover, the paper demonstrates that bicycle companies developed a rather sophisticated approach to marketing that is still in use.

Details

Journal of Historical Research in Marketing, vol. 7 no. 1
Type: Research Article
ISSN: 1755-750X

Keywords

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