The wine industry is very sensitive to climate risk, mainly due to the grape crop. Industry players usually cover this risk through single-peril and multi-peril crop insurance policies. Insurance policies pose many problems of efficiency, as pointed out in the literature, and do not usually...

On the issue of bank's diversification literature usually refers to revenue mix, geographical markets and M&A deals. This paper aims to fill a gap by investigating diversification in terms of different business combinations (carrying out activities in different client front-end businesses). More...

In private equity industry ESG (Entrepreneurial, Social and Governance) metrics are gaining room, passing from the risk management process to influence the orientation of investment strategies. Motivations refer both to a firmer performance of the invested portfolios during the overall...

Background. By decoupling economic growth from an intensive use of resources, preventing the impairment of natural capital, and enhancing resilience to system-wide shocks, Circular Economy (CE) is a powerful opportunity for economic agents willing to hedge against “sustainability” risk...

By decoupling economic growth from the exploitation of virgin raw materials and environmental degradation, as well as by developing practices more resilient to the economic cycle, Circular Economy (CE) offers effective hedging of climate and environmental risks, shields financial actors from the...

The aim of this work is to focus on the financial problems affecting a technology based company in its settlement and early development. The study is based on both literature review and field work. Referring to the field work, independent technology based companies which developed new...