Suchergebnisse

Cover -- Quartino -- Contents -- List of contributors -- Chapter I - Proceduralization of EU Agencies: Theory and Practice - Conticellli e De Bellis -- Part I - Rule-making and Regulation in Public Utilities and Aviation Safety -- Chapter II - The Evolution of the BEREC Governance: Cooperation Forum or Agency-Like Body? - Mariniello -- Chapter III - Ensuring Public Participation in ACER's Rule-making: the Case of EU Network Codes - Vlachou -- Chapter IV - The Rulemaking Function of the European Aviation Safety Agency (EASA) - Simoncini -- Part II - Accountability and Legitimacy in Banking and Financial Regulation -- Chapter V - Procedural Accountability through Formaland Informal Dialogue: the Case of the SingleSupervisory Mechanism (SSM) - Sciascia -- Chapter VI - The Orderly Resolution of Failing Banks: Administrative Guarantees in the Proceedings before the Single Resolution Board - Figliolia -- Chapter VII - Towards a "Procedural Legitimation" of EU Agencies? The Reform of the European Supervisory Authorities as a Case Study - Magliari -- Part III - Cross-cutting Issues: Soft Law and Boards of Appeal -- Chapter VIII - European Union Soft Law by Agencies: an Analysis of the Legitimacy of their Procedural Frameworks - Rocca and Eliantonio -- Chapter IX - A new era for EU Agencies' Boards of Appeal? A Preliminary Assessment of the Recent Reform of CJEU's Statute and its Implication on EU Administrative Adjudication - Alberti -- Chapter X - The Transformation of the European Administration - della Cananea -- Finito di stampare -- Volumi pubblicati.

L'obbiettivo della ricerca è l'analisi del riassetto istituzionale dovuto alla crisi economica. Il progetto di ricerca parte da un'analisi della formazione della moneta unica e dell'Unione economica e monetaria, per proseguire attraverso l'analisi dello stato di avanzamento delle politiche economiche e monetarie mediante la ridefinizione degli assetti giuridici ed istituzionali, come diretta conseguenza della crisi economica. Si prende infine in considerazione l'accelerazione di alcuni processi d'integrazione che hanno messo in discussione il ruolo di alcune Istituzioni partendo dalla natura stessa del metodo comunitario e del processo di legittimità democratica alla base del consolidamento e dello sviluppo dell'Unione economica e monetaria. Fino ad arrivare allo statuto speciale ottenuto dal Regno Unito che mette in discussione l'assetto stesso del progetto europeo, decretando un Europa a più velocità, frutto di una specifica visione di un Europa regolatori. ; The propose of this research is to analyze the future of the European project due to the changes of the economic crisis. The research is based on a deep analysis of European economic and monetary policies, starting from the creation of the single currency through the construction of the Economic and Monetary Union, until the impact of the debt crisis on the European Governance and institutions. The research project analyses the legal and political arrangements that have queries the Community method in favor of the intergovernmental method. It is analyzed the acceleration of certain processes of integration/desegregation of the European project that have questioned the role of some institutions, their accountability and legitimacy, until the UK special status that have create de facto a legal multi-speed Europe.

The article points out that the process of introducing market relations in Ukraine and the growing role and importance of joint-stock companies in the economic development of the country and well-being of its citizens have created the need of corporate governance that emerged due to changing ownership structures and transition to market relations.The study shows that the corporate form of business organization is a new and complex phenomenon in Ukraine. Corporations (joint-stock companies) are the most widespread and significant form of business organization in the current conditions. It is emphasized that the defining feature of a corporation is that it is owned by shareholders who bought stock. This requires a completely different approach to management and control. The nature, role and principles of corporate governance framework are described. It is reasoned that since management and ownership are separated, there is a need to balance interests of shareholders and management.It is stressed that corporate governance is an important factor in the company's activity and development, the primary purpose of which is to provide owners with the opportunity to organize and exercise effective control over management. The essence of corporate governance is to achieve a balance of interests for participants of corporate governance, namely: shareholders, managers, supervisory board and other groups and individuals (suppliers, consumers, creditors, government authorities, etc). The role and place of management in corporate governance, their interests and powers are highlighted.The following responsibilities are associated with executive bodies, or management: solving currents problems related to the corporation's activities, ensuring decision-making by general meeting of shareholders and supervisory board, planning, organizing, motivating, coordinating, and monitoring.It is substantiated that management and corporate governance are different concepts. The key difference is that corporate governance is a wider concept, and management is an integral part of it. The effectiveness of corporate governance rests on the organization of the work of management.

La domanda di ricerca dello studio è la seguente: si sta verificando una convergenza verso un modello di corporate governance europeo?L'analisi delle risposte fornite al 'Green Paper' dell'Unione Europea in tema di governo societario evidenzia come i differenti approcci di governance, adottati dai vari stati membri, siano influenzati da fattori politici, socio-economici e legislativi di contesto.Con particolare riferimento ai codici di comportamento, si presenta un'indagine comparativa tra i seguenti codici: UK Corporate Governance Code del 2010, il Codice di Autodisciplina italiano del 2011, e il Kodex tedesco del 2010.In sintesi, dall'analisi congiunta dei codici e delle risposte fornite al 'Green Paper' dell'Unione Europea in tema di governo societario, emerge la volontà dei paesi membri di proseguire verso un processo di convergenza in modo 'spontaneo', senza ricorrere ad ulteriori regole o raccomandazioni emanate a livello comunitario. The research question of this study is as follows: is there convergence towards a European model of corporate governance?The analysis of the responses to the Green Paper of the EU on corporate governance shows that different approaches to governance, adopted by the member States, are influenced by political, socio-economic and legislative environmental factors.With particular reference to codes of conduct, a comparative survey of the following codes: UK Corporate Governance Code of 2010, the Italian Corporate Governance Code of 2011, and the German Kodex 2010 is presented.In summary, the combined findings show the will of the member States to pursue a process of convergence in a 'spontaneous way', without the need for additional rules or recommendations issued by the Community.

The governance of complex education systems, characterized by numerousnodes in a multilevel structure, has become a political priority in many Europeanand non-European countries; these nations are increasingly lookingfor models and examples of governance, purposely designed for educationand training systems, in order to adapt them to their needs. This paper,building on the concepts of network system and complexity, summarizesthe results of an exploratory analysis of research projects carried out by researchinstitutions on topics like the governance foundations and the modernleadership of schools, and disseminated through official publicationsand reports. In this perspective, the aim is to provide a basis to define thekey issues of managing and complex education and training systems. Surprisingly,among the key topics trust has been identified as one of themmost relevant, because it represents the expectation of all school stakeholderstowards the adoption and use of positive and effective behaviours.Particular attention has been dedicated to the analysis of studies and researchcarried out in OECD countries in the past five years. ; La Governance dei sistemi di istruzione complessi con più livelli di articolazioneè diventata una priorità politica in molti paesi europei ed extraeuropei;questi sono sempre più alla ricerca di esempi e modelli che possanoadattarsi alle proprie esigenze. Questo saggio, utilizzando i concetti di sistemadi rete e di complessità come riferimenti di base, riassume i risultati diun'analisi esplorativa a carattere di evidenza effettuato sulle pubblicazionidi progetti di ricerca e di rendicontazione realizzati da enti di ricerca inmerito ai fondamenti della governance e della leadership moderna dellascuola. Lo scopo, quindi, è precisare i temi chiave posti a fondamento dellagovernare dei sistemi di istruzione e formazione complessi: tra i temi chiavisi è scelto di inserire quello della fiducia, ovvero l'aspettativa da parte di tuttigli stakeholder della scuola verso l'adozione e l'uso di ...

l presente contributo analizza le novità inerenti al tema della corporate governance delle società pubbliche, dopo l'introduzione del Testo unico sulle società a partecipazione pubblica e del decreto correttivo. In particolare, approfondisce le questioni più complesse sottese all'interpretazione dell'articolo 6, che detta i principi fondamentali dell'organizzazione e gestione delle società pubbliche, mentre l'articolo 11 è incentrato sulla scelta del tipo di organo amministrativo della società e, in particolare, sulla scelta del Legislatore verso il modello di amministrazione unitaria, consentendo il ricorso a un modello di amministrazione collegiale solo in costanza di determinate condizioni. Viene trattata altresì la tematica della parità di genere negli organi societari e, più nello specifico, l'articolo 11 che riguarda anche la composizione del consiglio di amministrazione e la valorizzazione dei requisiti che i componenti devono possedere, tenendo in conto anche l'adeguamento della normativa alle discipline di settore in tema di parità di genere negli organi societari.

Il presente contributo si pone il fine di analizzare le novità inerenti al tema della corporate governance delle società pubbliche, a seguito dell'introduzione del Testo unico sulle società a partecipazione pubblica (in particolare gli artt. 6 e 11), tenendo conto anche delle modifiche apportate dal decreto correttivo. In particolare, l'articolo 6 detta i principi fondamentali dell'organizzazione e gestione delle società pubbliche, l'articolo 11 è, invece, incentrato sulla scelta del tipo di organo amministrativo della società e, in particolare, sulla precisa scelta del legislatore di imporre un modello di amministrazione unitaria, consentendo il ricorso a un modello di amministrazione collegiale solo in presenza di determinate condizioni. Inoltre, l'analisi dell'articolo 11 riguarda anche la composizione del consiglio di amministrazione e la valorizzazione dei requisiti che i componenti devono possedere, tenendo in conto anche l'adeguamento della normativa alle discipline di settore in tema di parità di genere negli organi societari.

This Ph.D thesis entitled "Impairment of goodwill and corporate governance" explores the association between the impairment of goodwill according to the international and US accounting standards (IAS 36 and SFAS 142) and the corporate governance system. In brief, the research question aims at verifying if and how different corporate governance actors influence the impairment test choices. Indeed, the impairment of goodwill involves across-the-board most firm functions. The procedures needed to carry out the impairment test cannot be limited only to the accounting domain, being instead necessary merging the competences in the strategic and operational management, in organization and finance with the accounting-related ones. Underlying the impairment of goodwill there are indeed assumptions that are used for both the ordinary and the strategic decisions. The valuations underlying goodwill impairments are meaningful, revealing about internal politics and they are portentous of the management past (because goodwill originates from business combinations) and future (because goodwill is the expression of the expected benefits deriving from the synergies created or from the invisible intangibles of the acquired entity) strategy. The result of the periodic impairment test constitutes a signal of the future strategy of the firm or of the effectiveness of past strategies. Also, the assumptions underlying the impairment procedure derive from the forecasts, which are predicted at different levels within the firm. The development of my research takes into account a conceptual, historical and doctrinal analysis of the goodwill write-offs, mainly in the Italian accounting literature and with a brief overview on the International accounting literature. The reason to explore the evolution of the goodwill notion and treatment through the accounting history moves from the dense and puzzling debate that since the nineteenth century characterised the accounting panorama, leading the goodwill to be one of the most controversial assets. By common consent the process underlying the valuation of goodwill is associated to the entire process to determine the company economic value. From the introduction of Statement of Financial Accounting Standards No. 142 (SFAS 142) in the United States and of International Accounting Standard 36 (IAS 36) in the International Accounting Standards adopter countries, follows several critiques and reservations from academics, practitioners, standard setters and regulators. As far afield as that in recent years both the US Public Company Accounting Oversight Board and the European Financial Reporting Advisory Group questioned whether prior amortisation process was more relevant and reliable. The corporate governance system may moderate the use of discretionary accounting choices, enforcing the overall reliability of financial reporting. On the one hand I investigate the impact that the internal corporate governance mechanisms have on the impairment test. On the other hand I verify whether the external corporate governance mechanisms are able to affect the decision of impairment. Within the internal corporate governance mechanisms I explore the board of directors, the managerial incentives, the insider ownership and the chief financial officer perception on the impairment of goodwill. Within the external corporate governance mechanisms I explore the institutional ownership, state ownership, external auditor and the analysts forecasts likely associations with discretional impairment of goodwill. This study is mainly grounded on the positivist agency theory, supposing that the agent, whether is the management, or the external auditor or different types of shareholders acts in its own interests which usually may not correspond to the best interests of the principal (Jensen and Meckling, 1976; Fama and Jensen, 1983; Jensen, 1983; Eisenhardt, 1989). The empirical analysis comprises the use of diverse research methods such as archival and survey method. This thesis provides a threefold theoretical contribution, contributing to the studies on accounting history, on accounting and on corporate governance. First, it develops a path within the Italian accounting tradition that might be considered as trailblazing of the modern accounting standards. I retrace different approaches on the evaluation issues and on the concept of goodwill that some of the most influential Italian "Economisti Aziendali" emphasised in their writings. From the specific attention devoted to the long-lived assets financial evaluations one can appreciate the multidimensionality of our "Economia Aziendale", including operations, management and control. As a matter of fact, the impairment of assets constitutes the trait d'union between various functions within the firm, involving beyond accounting also strategy, finance, operation, internal and external control. I thus carefully explore the past accounting literature on the goodwill-related issues, employing a constructive and historical method that led me to build a personal interpretation. Second, as underlined by prior literature, the manipulation of goodwill write-offs makes allocating financial resources highly inefficient, both at the firm and at market levels, and compromises the role of financial reporting as an external control system (Beatty & Weber, 2006; Ramanna and Watts, 2012). Given the important economic and market implications, managers, directors, chief financial officers, shareholders and external auditors carefully assess the estimates underlying the goodwill write-offs (Gu and Lev, 2011; Ramanna and Watts, 2012). Despite this, prior research has not yet systematically investigated whether the corporate governance system influences the write-offs decisions. As a matter of fact, in literature there are conflicting findings on managerial incentives in manipulating the earnings through specific accruals and in detail through assets write-offs. Third, as far as I know there are still unexplored areas of corporate governance's influence on impairment of goodwill.

The research of innovative educational models is, in the modern era, one of the topics of greatest interest in the pedagogical theorization. The education of young generations has always been the focal point of the social evolution and the economic and cultural growth of a people. A recent study by "TreeLLLe" highlights how, in today's educational landscape, the form of "learning to know" prevails significantly on the form of "learning to live with others". In this sense, it would be desirable to have greater interaction between social governanceand cultural governance. The Capability approach opens, in this direction, interesting reflections, combining capabilities and opportunities in the perspective of well being. In this context, cultural responsibility, social responsibility, political governance and cultural governance intersect each other, creating a subject conscious of "being" through a "social being". Thus, an "active space of education" is dominated by an eternal tension between "universal action" and "individual action". It is necessary to look for the birth of a renewed social and personal identity, capable of facing the challenges of an increasinglycomplex and planetary world. ; La ricerca di modelli pedagogici innovativi, capaci di rispondere alle contestuali esigenze educative dell'epoca moderna, rappresenta uno dei temi di maggiore interesse per il mondo della scuola e per la teorizzazione pedagogica. L'educazione delle giovani generazioni è da sempre l'elemento focale intorno a cui ruota l'evoluzione sociale e la crescita economica e culturale di un popolo. Una recente indagine condotta da "TreeLLLe" evidenzia come, nell'odierno panorama educativo, la forma dell'"imparare a conoscere" prevalga inmaniera significativa sulla forma dell'"imparare a vivere con gli altri". Sarebbe auspicabile, in tal senso, una maggiore interazione tra una governance sociale e una governance culturale. Il capability approach apre, in questa direzione, interessanti scenari di riflessione, coniugando capacità e ...

The article examines the possibility of correction of the activity of the political system defined in the framework of the concept of good governance. It is emphasized that for many transformational states of the contemporary world the need for self-restraint of political actors is urgent. The focus is directed on improving the effectiveness of political management through the concept of «good governance». It is noted that in the conditions of democratization the requirements for the transparency of the authorities of its responsibility and adequacy of the decisions made increased. It is argued that in a democratic political process, public experts are beginning to play an increasingly important role. The importance of informatization of the process of civil self-directness is established. The representation of political preferences in political management is analyzed. The role of denationalization and deformation of the processes of political management in the processes of appearance of subjects of political management is explained.Also argued, that the content of the identification of the actors` function of the political management in the countries of political transformations is proved. The incomplete institutional capacity of political players is revealed. The significance of the transformation of modern political management subjects into collective participants in the adoption of strategic decisions is considered.The goal of the article is to identify the actors of political management, which are in the field of influence of the concept and relations «good governance». The task of the article is to identify those functional sectors of political management that are suitable for modernization through the means of «good governance» in transformational democracies.It is proved that an exhaustive interpretation according to which actors of political management must meet the normative requirements framework of good governance as a certain doctrine does not exist. In this case, actors must adhere to certain rules of standards and indicators that are changing in the contemporary world. Therefore, such subjects of political management as party and civic associations may manipulate the governance categories to ensure their reporting on election programs.The opinion presented, that «good governance» in a society of sustainable democracy is a dynamic structure of the assessment of the effectiveness of political management, which is based on current issues in the society main agenda.Revealed, that there is a situation in which institutions of political management should distinguish between the leadership institutions that provide an effective way for modernization and complex reforms. At the present stage, the situation seems to be that the principles of good governance require their communication substantiation and dissemination.A prerequisite for establishing the need for good governance reforms is the relative stability of democratic institutions. In the article established that the criteria for good governance for assessing political institutions are largely based on a certain managerial reality and the achievement of the primary standards of sustainability of democratic governance. They are: the frequency of elections, the legitimacy of the change of government, the availability of rules for political competition, free access of citizens to the decisions of the authorities, developed an independent law-enforcement and media systems. ; В статье исследована возможность коррекции деятельности политической системы, что определяется в рамках концепции надлежащего управления – «good governance». Подчеркивается, что для многих трансформационных государств современного мира насущной потребностью являются самоограничения политических акторов. Сконцентрировано внимание на усовершенствовании эффективности политического управления с помощью концепции «good governance». Отмечается, что в условиях демократизации ужесточились требования к прозрачности власти ее ответственности и адекватности принимаемых решений. Утверждается, что в демократическом политическом процессе все большую роль начинают играть общественные эксперты. Установлено значение информатизации процесса гражданского самовыражения. Проанализировано представительство политических предпочтений в политическом менеджменте. Выяснена роль разгосударствления и деформализации процессов политического управления в процессах появления субъектов политического менеджмента.Доказано содержание функции идентификации субъектов политического менеджмента в странах политических трансформаций. Обоснована неполная институциональная состоятельность политических субъектов. Рассмотрено значение преобразования современных субъектов политического менеджмента в коллективных участников принятия стратегических решений. ; У статті досліджено можливість корекції діяльності політичної системи, що визначається в рамках концепції належного врядування – «good governance». Підкреслюється, що для багатьох трансформаційних держав сучасного світу нагальною є потреба самообмеження політичних акторів. Сконцентровано увагу на удосконаленні ефективності політичного управління за допомогою концепції «good governance». Наголошується, що в умовах демократизації посилилися вимоги до прозорості влади, її відповідальності та адекватності прийнятих рішень. Стверджується, що у демократичному політичному процесі дедалі більшу роль починають відігравати громадські експерти. Встановлено значення інформатизації процесу громадянського самовиразу. Проаналізовано представництво політичних уподобань у політичному менеджменті. З'ясовано роль роздержавлення й деформалізації процесів політичного управління у процесах появи суб'єктів політичного менеджменту.Доведено зміст ідентифікації функції суб'єктів політичного менеджменту у країнах політичних трансформацій. З'ясовано неповну інституційну спроможність політичних гравців. Розглянуто значення перетворення сучасних суб'єктів політичного менеджменту на колективних учасників ухвалення стратегічних рішень.

Purpose. The current socio-economic situation actualizes the need to study and optimize the communication process of public administration. The subject of the research are theoretical and applied aspects of the organization, regulation and control of public communication in terms of good governance. The aim is to determine the content, objectives, principles of communication in public administration as an effective means of forming and reproducing power-administrative relations and institutions of a democratic society. Research limitations/implications. Using the methods of philosophical and general scientific levels in their complementarity it was analyzed the significance of modern information and communication technologies to provide innovation in the activities of public administration authorities. Originality/value. The scientific importance of the work consists in describing the challenges associated with the implementation of the tasks to provide permanent channels of communication between government and society; in verifying the role of the media as both a communication channel and an active participant in the process of public administration reforming; in substantiating the principles of the interaction between public sector and the media. As a conclusion it was affirmed the necessity to develop the state strategic communications program on the basis of an integrated approach, taking into account the importance of communications for optimal public administration providing. The problems of the implementation and practical recommendations regarding the communication between state and society were identified ; Современная социально-экономическая ситуация актуализирует необходимость исследования и оптимизации коммуникационного процесса публичного управления. Предметом исследования являются теоретические и прикладные аспекты организации, регулирования и управления публичными коммуникациями в условиях «хорошего управления» («good governance»). Цель – определить содержание, задачи, принципы коммуникационного взаимодействия в публичном управлении как эффективного средства формирования и воспроизводства властно-управленческих отношений и институтов демократического общества. С помощью методов философского и общенаучного уровней в их взаимодополняемости проанализирована значимость современных информационно-коммуникационных технологий по обеспечению инновационности в деятельности органов публичного управления, охарактеризованы вызовы, связанные с реализацией задачи обеспечения постоянных каналов коммуникации между государством и обществом; уточнена роль средств массовой информации как канала связи, так и активного участника процесса реформирования публичного управления; обоснованы принципы взаимодействия представителей публичного сектора со средствами массовой информации. Как вывод доказывается необходимость развития государственной стратегической программы коммуникаций на основе комплексного подхода, с учетом значимости коммуникаций для оптимальной организации управления общественной жизнью. Определены проблемы имплементации и практические рекомендации относительно коммуникационного взаимодействия между государством и обществом ; Сучасна соціально-економічна ситуація актуалізує необхідність дослідження та оптимізації комунікаційного процесу публічного управління. Предметом дослідження є теоретичні та прикладні аспекти організації, регулювання та управління публічними комунікаціями в умовах «доброго врядування». Мета – визначити зміст, завдання, принципи комунікаційної взаємодії в публічному управлінні як ефективного засобу формування і відтворення владно-управлінських відносин та інститутів демократичного суспільства. За допомогою методів філософського та загальнонаукового рівнів у їхній взаємодоповнюваності проаналізовано значущість сучасних інформаційно-комунікаційних технологій щодо забезпечення інноваційності в діяльності органів публічного управління, охарактеризовано виклики, що пов'язані із реалізацією завдання встановлення постійних каналів комунікації між державою і суспільством; уточнено роль засобів масової інформації як каналу зв'язку, так і активного учасника процесу реформування публічного управління; обґрунтовано принципи взаємодії представників публічного сектора із засобами масової інформації. Як висновок доводиться необхідність розбудови державної стратегічної програми комунікацій на засадах комплексного підходу, з урахуванням значущості комунікацій для оптимальної організації управління суспільним життям. Визначено проблеми імплементації та практичні рекомендації щодо комунікаційної взаємодії влади і суспільства

La governance e il sistema dei controlli interni degli intermediari finanziari sono di recente al centro del dibattito: è ormai pacifica la convinzione che lacune e inefficienze riscontrate in questi ambiti hanno contribuito a determinare la situazione di crisi o a ritardare l'adozione di tempestive misure correttive. Eppure, negli anni precedenti la crisi, vi era un ampio consenso sul fatto che l'assetto del sistema finanziario e quello di gran parte, se non di tutti, gli intermediari fosse tale da assicurare la stabilità. Nella pratica guardando gli intermediari colpiti dalle maggiori perdite, si sono riscontrate inadeguatezze negli organi di governo; anche se queste inefficienze non hanno in sé provocato la crisi, ma la cattiva governance ha influenzato la profondità e il perdurare della stessa. Le banche sono esposte a rischi diversi da quelli tradizionali, quali rischi di reputazione, legali e operativi, che sono rilevanti per l'affidabilità e la credibilità dei singoli intermediari che operano nel settore del credito. Efficaci assetti organizzativi e societari costituiscono per tutte le imprese condizione essenziale per il perseguimento degli obiettivi aziendali: per le banche essi assumono particolare rilievo in ragione delle caratteristiche che ne connotano l'attività. Gli interessi che gravitano intorno ad una banca sono più articolati e ampi rispetto a quelli di un'impresa industriale e coinvolgono finalità di interesse generale. Obiettivo del presente lavoro è quello di esaminare la riorganizzazione e riqualificazione delle funzioni del sistema dei controlli interni delle banche, alla luce dei numerosi cambiamenti portati da Basilea II e soprattutto dal 15° Aggiornamento della Circolare 263 in tema di controlli interni che hanno contribuito allo sviluppo del sistema bancario ponendoli a confronto con i cambiamenti registrati nell'ambito delle giuste politiche di corporate governance da adottare mediante analisi di due gruppi bancari : il Gruppo Credem e il Gruppo Intesa.