Venue: Sapienza University of Rome Faculty of Economics – Via del Castro Laurenziano 9

 

Registration: 8.30 – 9.00

 

Opening Session: 9.00 -9.30 (Aula III)

 

Welcome:

• Fabrizio D’Ascenzo, Dean, Faculty of Economics, Sapienza University of Rome
• Sergio Barile, Director, Department of Management, Sapienza University of Rome
• Mario La Torre, Sapienza University of Rome
• Roberto Pasca di Magliano, University of Rome Unitelma Sapienza
• Gianni Lemmetti, Municipality of Rome

 

Special Event – 9.30 – 9.45

Signature of the Memorandum of Understanding on Sustainable Finance between Municipality of Rome and University of Rome Unitelma Sapienza at the presence of the Mayor of Rome, Virginia Raggi, the Rector of Sapienza University of Rome, Eugenio Gaudio, and the Rector of University of Rome Unitelma Sapienza, Antonello Folco Biagini.

 

Introducing Palgrave Studies in Impact Finance: 9.45 -10.00

Mario La Torre, Sapienza University of Rome

Helen Chiappini, University of Chieti-Pescara

Lucy Kidwell, Palgrave MacMillan

 

Key Note Speech: 10.00 -10.30

Key Note Speaker: Philipp Krueger, University of Geneva, GSEM

 

Coffee break 10.30 – 11.00

 

Scientific Sessions: 5 December, 11.00 – 13.00

Parallel Sessions: submitted papers – presentation and discussion
 

Session A: 11.00 – 12.00
 

Session A1 (Aula III): Climate Change and Financial Market

Chair: Philipp Krueger, University of Geneva, GSEM
 

Climate Change Fear: Investor Behavior and Natural Disaster

Franco Fiordelisi (Roma Tre University), Giuseppe Galloppo (La Tuscia University and University of Rome Tor Vergata), Viktoriia Paimanova (University of Rome Tor Vergata and Kharazin University)

Discussant: Francesco Rania (University Magna Graecia of Catanzaro)
 

Do ESG strategies enhance bank stability during financial turmoil? Evidence from Europe

Claudia Girardone (University of Essex), Laura Chiaramonte (Università Cattolica del Sacro Cuore), Alberto Dreassi (University of Trieste), Stefano Piserà (University of Udine)

Discussant: Franco Fiordelisi (Roma Tre University)
 

Climate Change Policies and Shareholder Wealth Effect: which evidence from European Union?

Giuliana Birindelli (G. d’Annunzio University of Chieti-Pescara), Helen Chiappini (G. d’Annunzio University of Chieti-Pescara)

Discussant: Luca Riccetti (University of Macerata)
 

Session A2 (Aula Acquario): Impact Investing

Chair: Mavie Cardi (Link Campus University)
 

Intentionality in sustainable entrepreneurship and sustainable finance: A portfolio-based measure for social impact

Leonardo Boni (Alma Mater Studiorum University of Bologna), Laura Toschi (Alma Mater Studiorum University of Bologna)

Discussant: Mavie Cardi (Link Campus University)
 

Impact of WISE in France: A critical Overview

Arvind Ashta (Burgundy School of Business), Guillaume Biot-Paquerot (Burgundy School of Business), Anais Camus (La Fédéracion des entreprises d’insertion Bourgogne-Franche-Comté), Mathieu-Claude Chaboud (Burgundy School of Business), Roberto Hernan Gonzalez Eli Spiegelman (Burgundy School of Business)

Discussant: Lorenzo Turriziani (Federico II University of Napoli)
 

The impact of ESG factors on banks performance: the case of European Banks

Mario La Torre (Sapienza University of Rome), Sabrina Leo (Sapienza University of Rome)

Discussant: Nicoletta Marinelli (University of Macerata)
 

 

Session A3 (Sala delle Lauree): Social Business and Gender Gap

Chair: Federica Miglietta, University of Bari Aldo Moro
 

Delivery Aid Differently: Women’s Empowerment through Social Entrepreneurship and Impact Investing in Myanmar

Vlada Perekrestova (National ChengChi University)

Discussant: Mustafa Caglayan (Heriot-Watt University)

 

Female Small Business Owners in China: discouraged, not discriminated

Mustafa Caglayan (Heriot-Watt University), Oleksandr Talavera (University of Birmingham), Lin Xiongc (Robert Gordon University)

Discussant: Surender Mor (BPS Women University)
 

Fear, Entrepreneurship and Social Goal:  Case of India

Surender Mor (BPS Women University), Madan Sonu (CRS University)

Discussant: Maria Mazzuca (University of Calabria)
 
 

Session A4 (Aula Onida): Workshop on Selected Case Studies

Chair: Marta de la Cuesta González, (Universidad Nacional de Educación a Distancia – UNED)
 

Crowdlending’s european regulation state of art, and the case of COLECTUAL as an official Spanish crowdlending platform”

Isabel Giménez Zuriaga (Universitat Politécnica de Valéncia and FEBF
 

Mutualism and credit quality: good practice and good results. The case of Italian Cooperative Credit Banks

Juan Sergio Lopez (Federcasse- Economic analysis and statistical reporting department), Manfredi Aliberti (University of Cambridge – MPhil in Economic Research Candidate), Stefano Grimaldi (EGS-Economia, Geografia, Statistica), Maria Carmela Mazzilis (Federcasse- Economic analysis and statistical reporting department)
 

“Luci Nel Parco”. A social impact innovation project in Tuscany: investing in the social to create economic development

Paola Caporossi (Fondazione Etica)
 

Session B: 12.00 – 13.00
 

Session B1 (Aula III): Sustainable Finance and Financial Market

Chair: Claudia Pasquini, ABI
 

Green bonds capital returns: the impact of market and macroeconomic variables

Alessandra Ortolano (G. d’Annunzio University of Chieti-Pescara), Eliana Angelini (G. d’Annunzio University of Chieti-Pescara)

Discussant: Stefano Piserà (University of Udine)
 

Do GHG emissions impact the cost of debt financing of European large companies?

Alessandra Caragnano (LUM Jean Monnet University), Massimo Mariani (LUM Jean Monnet University), Fabio Pizzutilo (University of Bari Aldo Moro), Marianna Zito (LUM Jean Monnet University)

Discussant: Helen Chiappini (G. d’Annunzio University of Chieti-Pescara)
 

Norwegian pension fund divestments and the market effect

Stefano Dell’Atti (University of Foggia), Viviana Fanelli (University of Bari Aldo Moro), Federica Miglietta (University of Bari Aldo Moro)

Discussant: Emanuela Giacomini (University of Macerata)

 

Session B2 (Aula Acquario): Impact Investing

Chair: Gianfranco Vento, Regent’s University London
 

How social is a social impact VC fund? Understanding funds’ communication strategy through text mining

Andrea Fronzetti Colladon (University of Perugia), Laura Toschi (Alma Mater Studiorum University of Bologna), Elisa Ughetto (Politecnico di Torino)

Discussant: Andressa Jarletti Gonçalves de Oliveira (Pontifical Catholic University)
 

Critical success factors, motivations and risk preferences in Social Impact Bonds: evidence from survey data

Rosella Carè (University of Cagliari), Francesco Rania (University Magna Graecia of Catanzaro), Riccardo De Lisa (University of Cagliari)

Discussant: Valentina Patetta (University of Deusto)
 

The Role Of Law In Promoting Human Development Through Social Business Expansion

Andressa Jarletti Gonçalves de Oliveira (Pontifical Catholic University), Antônio Carlos Efing (Pontifical Catholic University)

Discussant: Antonio Minguzzi (University of Molise)
 

Session B3 (Sala delle Lauree): Social Impact Measurement

Chair: Roberto Pasca di Magliano, University of Rome Unitelma Sapienza

 

From theory to action: A comprehensive review on social impact assessment practice

Luigi Corvo (University of Rome Tor Vergata), Lavinia Pastore (University of Rome Tor Vergata), Cecilia Grieco (University of Rome Tor Vergata), Arianna Manti (University of Rome Tor Vergata)

Discussant: Tommaso Rondinella (Banca Etica)

 

Evaluation of the social and environmental impact of e-lockers in the delivery of goods

Giovanni Lombardo (University of Genoa), Roberta Scarsi (University of Genoa), Nader Tayser (University of Genoa), Vasino Cristina (University of Genoa)

Discussant: Lavinia Pastore (University of Rome Tor Vergata)
 

Data, information, knowledge: the data driven innovation perspective

Luigi Corvo (University of Rome Tor Vergata), Lavinia Pastore (University of Rome Tor Vergata)

Discussant: Rosalia Santulli (University of Salerno)
 

Lunch 13.00 – 14.00

 

Key Note Speech: 14.30 -15.00 (Aula III)

Key Note Speaker: Andreas Hoepner, University College Dublin, School of Business
 
Session C: 15.00 – 16.00
 

Session C1 (Aula III): Sustainable Finance and Financial Markets

Chair: Andreas Hoepner, University College Dublin, School of Business

 

Are markets betting on ethics? A focus on Corporate Social Performance of controversial companies

Mauro Sciarelli (Federico II University of Napoli), Giovanni Landi (Federico II University of Napoli), Lorenzo Turriziani (Federico II University of Napoli), Mario Tani (Federico II University of Napoli)

Discussant: Fabio Pizzutilo (University of Bari Aldo Moro)
 

Oil and clean energy markets: a VAR for VAR analysis of risk spillover

Eliana Angelini (G. d’Annunzio University of Chieti-Pescara), Giuliana Birindelli (G. d’Annunzio University of Chieti-Pescara), Matteo Foglia (G. d’Annunzio University of Chieti-Pescara), Helen Chiappini (G. d’Annunzio University of Chieti-Pescara)

Discussant: Rita Laura D’Ecclesia (Sapienza University of Rome)
 

Which finance for social enterprises? Looking for a theoretical perspective

Valentina Patetta (University of Deusto), Virginia Cecchini Manara (University of Trento)

Discussant: Federica Miglietta (University of Bari Aldo Moro)
 

Session C2 (Aula Acquario): Social Impact Bonds

Chair: Marinelli Nicoletta (University of Macerata)

 

Social Uncertainty Evaluation In Social Impact Bonds: A Model And Practical Application

Francesco Rania (University “Magna Graecia” of Catanzaro), Annarita Trotta (University “Magna Graecia” of Catanzaro), Rosella Carè (University of Cagliari), Maria Cristina Migliazza (University “Magna Graecia” of Catanzaro), Abdellah Kabli (University “Magna Graecia” of Catanzaro)

Discussant: Sabrina Leo (Sapienza University of Rome)
 

Social Impact Bond: Challenges And Role Of Investors

Eleonora Broccardo (University of Trento), Maria Mazzuca (University of Calabria), Giuseppe Ruggirello (University of Calabria)

Discussant: Nicola Cucari (Sapienza University of Rome)
 

Who likes SIBs?  A bibliometric analysis of academic literature (time span 1990-2018)

Luigi Corvo (University of Rome Tor Vergata), Lavinia Pastore (University of Rome Tor Vergata), Matteo Ghibelli (University of Rome Tor Vergata)

Discussant: Rosella Carè (University of Cagliari)
 

Session C3 (Sala delle Lauree): Impact Investing

Chair: Arvind Ashta, Burgundy School of Business

 

Impact Investing in Family Foundations: Beyond the Business Case for CSR

Carmen Gallucci (University of Salerno), Rosalia Santulli (University of Salerno), Riccardo Tipaldi (University of Salerno)

Discussant: Donal McKillop (Queen’s Management School, Queen’s University Belfast)

 

Venture Capital Social Impact Investing: Unexplorative Study

Annalisa Croce (Politecnico di Milano), Francesco Fontana (Politecnico di Torino), Giuseppe Scellato (Politecnico di Torino), Elisa Ughetto (Politecnico di Torino)

Discussant: Silvia Cosimato (University of Salerno)

 

The quest for a sustainable business model of social finance: is peer-to-peer lending the legitimate heir to cooperative banking?

Eleonora Broccardo (University of Trento), Graziano Coller (University of Trento), Luca Erzegovesi (University of Trento)

Discussant: Carmen Gallucci (University of Salerno)
 

Water in a bottle: setting the boundaries of impact investing

Mario Calderini (Politecnico di Milano), Irene Bengo (Politecnico di Milano), Alice Borrello (Politecnico di Milano), Veronica Chiodo (Politecnico di Milano)

Discussant: Elisa Ughetto (Politecnico di Torino)
 

Coffee Break 16.00 – 16.30

 

Session D: 16.30 – 17.30
 

Session D1(Aula III): Sustainable Finance

Chair: Helen Chiappini, G. d’Annunzio University of Chieti-Pescara

 

An Interpretative Framework on Sustainability Ratings in Banking: a Preliminary Case Study Analysis

Mario La Torre (Sapienza University of Rome), Mavie Cardi (Link Campus University)

Discussant: Elena Escrig-Olmedo (Jaume I University)
 

Environmental social and governance integration in asset management strategy: insights from Italy

Nicola Cucari (Sapienza University of Rome), Silvia Cosimato (University of Salerno), Giovanni Landi (University of Trieste)

Discussant: Leonardo Boni (Alma Mater Studiorum University of Bologna)
 

New avenues for integrating sustainability in the financial market: A critical appraisal with a focus on European regulation and investors

Maria Jesus Muñoz-Torres (Jaume I University), María Ángeles Fernández-Izquierd (Jaume I University), Juana María Rivera-Lirio (Jaume I University), Idoya Ferrero-Ferrero (Jaume I University), Elena Escrig-Olmedo (Jaume I University)

Discussant: Viktoriia Paimanova (University of Rome Tor Vergata and Kharazin University)
 

Session D2 (Aula Acquario): Social and Financial Inclusion

Chair: C Isabel Giménez Zuriaga (Universitat Politécnica de Valéncia and FEBF)

 

Rethinking The Income Inequality And Financial Development Nexus

Marta de la Cuesta González (Universidad Nacional de Educación a Distancia – UNED), Cristina Ruza (Universidad Nacional de Educación a Distancia – UNED), Jose Miguel Rodríguez (University of Valladolid)

Discussant: Valeria Vannoni (University of Perugia)

 

How Low Can We Go? The Case of the Essential Workers’ Mortgage Investment Corporation

Geof Archer (Royal Roads University)

Discussant: Arvind Ashta (Burgundy School of Business)
 

The effectiveness of smart phone apps in improving financial capability

Declan French (Queen’s Management School, Queen’s University Belfast), Donal McKillop (Queen’s Management School, Queen’s University Belfast), Elaine Stewart (Queen’s Management School, Queen’s University Belfast)

Discussant: Gianfranco Vento (Regent’s University London)
 

Session D3 (Sala delle Lauree): Social Impact Measurement

Chair: Sabrina Leo, Sapienza University of Rome

 

Are we ready for social impact? The Italian SEs perspective

Luigi Corvo (University of Rome Tor Vergata), Lavinia Pastore (University of Rome Tor Vergata), Emanuele Doronzo (University of Bari)

Discussant: Alice Borrello (Politecnico di Milano)
 

Understanding of Social Crowdfunding: The case of an Italian platform

Antonio Minguzzi (University of Molise), Michele Modina (University of Molise)

Discussant: Luigi Corvo (University of Rome Tor Vergata)
 

Social impact assessment in Italian innovative startups

Valeria Vannoni (University of Perugia), Manuela Gallo (University of Perugia)

Discussant: Nader Tayser (University of Genoa)
 

Closing Session: 5 December, 17.30 -18.00 (Aula III)

 

The Italian Fund for Social Innovation, Marco De Giorgi, Presidency of the Council of Ministers

Announcing Best SIIIC Paper Awards 2019

2020 Agenda, SIA

2020 Agenda, Center for Positive Finance

2020 Agenda, University Alliance for Positive Finance

 

Meeting of the Scientific Committee. 18.00 – 18.45

Welcome Drink and Dinner – 19.30 (La Serra del Palazzo delle Esposizioni – Scalinata Via Milano 9A)