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The Current State Of Risk Management In Italian Small And Medium-Sized Enterprises, Selena Aureli, Federica Salvatore Jun 2013

The Current State Of Risk Management In Italian Small And Medium-Sized Enterprises, Selena Aureli, Federica Salvatore

selena aureli

Risk management literature mainly refers to large companies. When it focuses on SMEs, risk management seems to be unstructured, reactive and solely in the hands of owner-managers. Further investigation is necessary, especially in Italy where SMEs are the backbone of the country. This research aims to identify the most important risks, SMEs’ risk management organization, process and approach, as well as drivers, obstacles and benefits of a holistic risk management implementation. Ten case studies indicate that Italian SMEs are aware of the benefits of implementing holistic risk management practices, but constraints seem to be stronger than drivers. Companies are particularly …


Internationalization Of Chinese Firms In Europe: The Role Of Cultural Differences, Selena Aureli, Paola Demartini Oct 2010

Internationalization Of Chinese Firms In Europe: The Role Of Cultural Differences, Selena Aureli, Paola Demartini

selena aureli

During the last decade China has become an important international investor and its firms have also begun to invest in Europe targeting strategically important and high-tech industries. However, there are many Chinese firms that have learned some hard lessons from European acquisitions. Among the various factors that can hinder or facilitate the success of Chinese investments, we devote special attention to the role of cultural differences. Drawing from international literature on cross-border acquisitions and cross-cultural management, we assume that national culture influences corporate strategies and structures as well as managers’ behaviour. To understand fully differences and modes of interactions among …


The Role Of Chinese Smes In Italian Industrial Districts, Selena Aureli, Eduardo Barberis Oct 2010

The Role Of Chinese Smes In Italian Industrial Districts, Selena Aureli, Eduardo Barberis

selena aureli

Drawing from literature on immigrant entrepreneurship, local production systems and the concept of embeddedness, this paper aims to explore the role of small and medium sized firms established by Chinese immigrants in some Italian industrial districts. In particular, it highlights how this ethnic group is strictly involved and active in current changes into the district supply chain of the garment sector, notwithstanding the classical culturalist interpretation of immigrant’s firms which depicts Chinese businesses as self-referential and endogenous ethnic economies. Results indicate that Chinese firms do both create independent ethnic supply chains and collaborate with local firms, helping them to face …