Detailed Program

November 2, 2023 (Imola Campus, Aula Magna)

14:00 Registration

15:00 Opening Remarks (Imola Campus, Room: Aula magna)

15:30 Prof. Brian Lucey - Trinity College Dublin – keynote speech

16:15 Meet the editors:

Prof. Brian Lucey – Trinity College Dublin

Prof. Samuel A. Vigne – LUISS University of Rome

Dr. Nicola Forti – University of Rome Tor Vergata

17:30 - 18:30 GUIDED TOUR: Rocca Sforzesca

09:00 Parallel sessions

Session A – Room 1.2 (First Floor)

Chair: Andi Duqi (University of Bologna)

1.          Public Sector Green bonds. What Drives Proceeds' Investments and Performance?

Francesco Baldi (University of Bologna), Giovanni Ferri (LUMSA University)

Discussant: Elisabetta Righini

 

2.         Sustainable Finance and Financial Education

Elisabetta Righini (Università degli Studi di Urbino Carlo Bo – Yunus Social Business Centre Urbino)

Discussant: Michael Frömmel

 

3.         Socially Responsible Investments: Doing Good while Doing Well in Developed versus Emerging Markets?

Michael Frömmel (Ghent University)

Discussant: Francesco Baldi

 

Session B – Room 1.4 (First Floor) 

Chair: Valerio Pesic (Sapienza University)

1.          The reputational cost of bank misconduct

Maria Gaia Soana (University of Parma), Paola Schwizer (University of Parma), Alessandro Carretta (University of Rome Tor Vergata)

Discussant: Valerio Pesic

 

2.         Old Wine in New Bottles. Cooperative Banks’ Solidarity in the ESG Era

Paolo Coccorese (University of Salerno), Giovanni Ferri (LUMSA University), Antonio Forte(University of Salerno), Valerio Pesic (Sapienza University)

Discussant: Chia-I Huang

 

3.         The Impact of ESG Ratings on Bank Lending: Evidence from Taiwan

Zhi-Yuan Feng (National Sun Yat-sen University), Wei-Che Tsai (National Sun Yat-sen University), Ching-Wen Hsu (National Sun Yat-sen University),  Chia-I Huang (National Sun Yat-sen University)

Discussant: Maria Gaia Soana

 

Session C – Room 2.1 (Second Floor)

Chair: Simona Cosma (University of Bologna) 

1.          Does SDG-13 disclosure impact the performance of EU insurance companies?

Caterina Di Tommaso (University of Bari), Maria Mazzuca (University of Calabria), Vincenzo Pacelli (University of Bari)

Discussant: Giuseppe Rimo

 

2.         FinTech & ESG – a marriage of buzzwords or compelling policy avenue for sustainable development?

Anne-Marie Weber (University of Warsaw) Aleksandra Szczęsna (University of Warsaw)

Discussant: Maria Mazzuca

 

3.         Too hot to handle? Analysing obstacles and possible developments to the financing of Advanced Therapy Medicinal Products

Simona Cosma (University of Bologna), Stefano Cosma (University of Modena and Reggio Emilia), Daniela Pennetta (University of Modena and Reggio Emilia), Giuseppe Rimo (University of Salento)

Discussant: Anne-Marie Weber

 

Session D – Room 2.2 (Second Floor)

Chair: Giovanni Cardillo (University of Bologna)

1.          ESG and firm performance: A look at the big Canadian firms

Salma Ben Amora (Université du Québec en Outaouais), Maher Kooli (Université du Québec en Outaouais)

Discussant: Maria Han

 

2.         The Impact of Green Innovation on SMEs' International Business Performance

Maria Han (Ankara Hacı Bayram Veli University)

Discussant: Cristian Foroni

 

3.         ESG performance and cost of equity during times of crisis

Ennio Bendinelli (University of Tor Vergata), Giovanni Cardillo (University of Bologna), Cristian Foroni (University of Bologna), Murad Harasheh (University of Bologna)

Discussant: Salma Ben Amora

 

 4.        The value of ESG

Simon Rudkin (University of Manchester), Wanling Rudkin (University of Exeter)

Discussant: Giovanni Cardillo

 

10:45  Coffee break

 

11:15  Parallel Sessions

Session E – Room 1.2 (First Floor) 

Chair: Wanling Rudkin (University of Exeter Business School, University of Exeter),

1.         Can we enhance investments with ESG

Wanling Rudkin (University of Exeter Business School, University of Exeter), Charlie X. Cai (University of Liverpool Management School), You Zhou (University of Leeds)

Discussant: Eliet-Doillet Alice Marie

 

2.         Sustainable investing: From ethical to climate indexing

Enrica Bolognesi (University of Udine), Andrea Dreassi (University of Trieste), Andrea Paltrinieri (Università Cattolica del Sacro Cuore)

Discussant: Wanling Rudkin

 

3.         Can Unconventional Monetary Policy Contribute to Climate Action?

Eliet-Doillet Alice Marie (EPFL)        

Discussant: Enrica Bolognesi

 

Session F – Room 1.4 (First Floor) 

Chair: Alberto Dreassi (University of Trieste)

1.          Pollution and Entrepreneurship: Evidence from Cicada Emergence

Claudio Rizzi (IESE Business School, University of Navarra)

Discussant: Alex Sclip

 

2.         Commodity price risk, supply chain resilience, and loan contract terms.

Marta Degl’Innocenti (University of Milan), Alex Sclip (University of Verona), Si Zhou (University of Shanghai)

Discussant: Alberto Dreassi

 

3.         Insuring Insurers: ESG engagement, exogenous shocks, and firm value

Helen Chiappini (University of Chieti-Pescara), Stefano Piserà (University of Genova), Alberto Dreassi (University of Trieste ), Laura Chiaramonte (Verona University)

Discussant: Claudio Rizzi

 

Session G – Room 2.1 (Second Floor)

Chair: Ivan Sangiorgi (ICMA Centre, Henley Business School, University of Reading)

1.          The Impact of Personality Traits on Socially Responsible Investment Decisions

Victoria Gevorkova (ICMA Centre, Henley Business School, University of Reading), Ivan Sangiorgi (ICMA Centre, Henley Business School, University of Reading), Julia Vogt (University of Reading)

Discussant: Lucia Milena Murgia

 

2.         Is Socially Responsible Investment All a Matter of Rationality?

Massimo Mariani (LUM Giuseppe Degennaro University), Alessandra Caragnano (LUM Giuseppe Degennaro University), Domenico Frascati (LUM Giuseppe Degennaro University), Francesco D’Ercole (LUM Giuseppe Degennaro University), Antonia Brandonisio (LUM Giuseppe Degennaro University)

Discussant: Ivan Sangiorgi

 

3.         The power of religion: Islamic Investing in the Lab

Sheheryar Banuri (University of East Anglia and CBESS), Lucia Milena Murgia (University of East Anglia and CBESS), Imtiaz Ul Haq (Economic Policy Research, International Finance Corporation, World Bank Group).

Discussant: Domenico Frascati

 

Session H – Room 2.2 (Second Floor)

Chair: Carmen Gallucci (University of Salerno)

1.          Unpacking the relationship between board gender diversity and firm environmental performance. A meta-analytical review with a focus on environmental performance measures and country gender inequality levels.

Kevin Pirazzi Maffiola (Scuola superiore Sant’Anna di Pisa), Roberto Barontini (Scuola superiore Sant’Anna di Pisa), Francesco Testa (Scuola superiore Sant’Anna di Pisa), Jonathan Taglialatela (Politecnico di Milano)

Discussant: Carmen Gallucci

 

2.         An investigation of the interplay between leverage and net-zero commitment

Martina Barbaglia (Politecnico di Milano), Giancarlo Giudici (Politecnico di Milano), David Hillier (University of Strathclyde), Jonathan Taglialatela (Politecnico di Milano)

Discussant: Kevin Pirazzi Maffiola

 

3.         ESG disclosure and corporate cash holdings policies: An empirical analysis of Italian listed companies using fsQCA

Carmen Gallucci (University of Salerno), Rosalia Santulli (University of Genova), Riccardo Tipaldi (University of Salerno) Discussant: Jonathan Taglialatela

 

13:00 Light Lunch

  

14:00 - Parallel Sessions

Session I - Room 1.2 (First Floor) 

Chair: Murah Harasheh (University of Bologna)

1.          Family Ownership and Carbon Emissions

Marcin Borsuka (Polish Academy of Sciences), Nicolas Eugster (University of Cape Town), Paul-Olivier Kleind (University of Queensland), Oskar Kowalewski (University of Lyon)

Discussant: Lihang Chen

 

2.         The cleansing effect of public scrutiny: Ownership structure and corporate emissions

Andreas Gerckens (University of Regensburg), Gregor Dorfleitner (University of Regensburg)

Discussant: Oskar Kowalewski

 

3.         Does Local Political Corruption Spur Corporate Carbon Emissions?

Lihang Chen (Bayes Business School, City, University of London) Jiajun Tao (Bayes Business School, City, University of London)

Discussant: Andreas Gerckens

 

Session L – Room 1.4 (First Floor) 

Chair: Giuseppe Torluccio (University of Bologna)

1.          Financial Analysts and sustainability reporting – Evidence based on the GRI standards.

Ujjal Mondal (University of East Anglia), Ana Marques (University of East Anglia), Fabio Motoki (University of East Anglia), Andrea Bafundi (Università di Padova), Encarna Guillamon-Saorin (University Carlos III de Madrid)

Discussant: Massimiliano Marzo

 

2.         What do we learn from the recent poor performance of SFDR funds?

Gianfranco Forte (Milan Bicocca University), Monica Rossolini (Milan Bicocca University)

Discussant: Ujjal Mondal

 

3.         Return Connectedness among non-standard Asset Classes and Green Bonds Around Covid and Monetary Policy Tightening

Massimiliano Marzo (University of Bologna)

Discussant: Gianfranco Forte

 

Session M – Room 2.1 (Second Floor)

Chair: Helen Chiappini (University of Chieti Pescara)

1.          Board and management gender diversity and the ESG performance: a panel data analysis on the Italian listed companies

Maria Cristina Arcuri (University of Parma), Raoul Pisani (University of Trento)

Discussant: Gianluca Santilli

 

2.         Executive Ownership and Sustainability Performance

Marco Ghitti (University of Padua), Gianfranco Gianfrate (EDHEC Business School), Edoardo Reccagni (Bocconi University).

Discussant: Maria Cristina Arcuri

 

3.         ESG ownership: When shareholders engage for corporate change

Paolo Fiorillo (University of Rome Tor Vergata), Gianluca Santilli (University of Rome Tor Vergata)

Discussant: Marco Ghitti

 

4.         Fuzzy Transform within ESG scenarios

Luca Vincenzo Ballestra (University of Bologna), Maria Letizia Guerra (University of Bologna), Gianluca Valeri (University of Bologna)

 

Session N – Room 2.2 (Second Floor)

Chair: Salvatore Perdichizzi (University of Bologna)

1.          Banks’ digital transformation as a lever to sustainability: A European study

Laura Chiaramonte (University of Verona), Doriana Cucinelli (University of Parma), Milena Migliavacca (Catholic University of the Sacred Heart)

Discussant: Stefano Zedda

 

2.         Cooperative is another firm Credit scoring says

Stefano Zedda (University of Cagliari)

Discussant: Salvatore Polizzi

 

3.         Do banks practice what they preach?

Leonardo Gambacorta (Bank for International Settlements), Salvatore Polizzi (University of Palermo), Alessio Reghezza (European Central Bank), Enzo Scannella (University of Palermo)

Discussant: Milena Migliavacca

 

15:45  Coffee break

 

16:15 Parallel Sessions 

Session O – Room 1.2 (First Floor)

Chair: Maria Mazzuca (University of Calabria)

1.          The two-way path between Benefit and B-corp: virtuous behavior or opportunism?

Eleonara Broccardo (Università degli Studi di Trento), Graziano Coller (Università degli Studi di Trento), Maria Mazzuca (Università della Calabria)

Discussant: Antonio Minguzzi

 

2.         Dual mission of the organization as a measure of social crowdfunding value

Filomeni Stefano (Essex Business School), Antonio Minguzzi (Parthenope University of Naples), Michele Modina (University of Molise), Marilena Bredice

Discussant: Valeria Vannoni

 

3.         Social impact assessment and finance in Italian innovative startups

Valeria Vannoni (Università degli Studi di Urbino Carlo Bo)

Discussant: Maria Mazzuca

 

Session P – Room 1.4 (First Floor)

Chair: João Pinto (Universidade Católica Portuguesa, Católica Porto Business School and CEGE)

1.          Spotlight on physical risk: Assessing the stock reaction to climate stress test.

Franco Fiordelisi (Essex Business School and Roma Tre University), Ornella Ricci (Roma Tre University), Gianluca Santilli (University of Rome Tor Vergata)

Discussant: Carmelo Latino

 

2.         The pricing of sustainable syndicated loans 

Paulo Alves (Universidade Católica Portuguesa, Católica Porto Business School and CEGE), Jorge Gonçalo (International Centre for Research in Accounting, Lancaster University Management School), João Pinto (Universidade Católica Portuguesa, Católica Porto Business School and CEGE)

Discussant: Gianluca Santilli

 

3.         Surfing the Green Wave: What’s in a “green” name change?

Carmelo Latino (SAFE and Goethe University)

Discussant: Cuong Nguyen

 

4.          Natural disasters, unnatural earnings: How do climate disasters impact earnings management?

Sabri Boubaker (EM Normandie Business School, Métis Lab, France, Swansea University), Lei Gao (State University of New York Geneseo), Khanh Hoang (Lincoln University), Cuong Nguyen (Lincoln University).

Discussant: João Pinto

 

Session R – Room 2.1 (Second Floor)

Chair: Andrea Paltrinieri (Catholic University of Sacred Heart)

1.       Black box of natural gas market: Past, present, and future

Alessia Palma (Sapienza University), Andrea Paltrinieri (Catholic University of Sacred Heart), John W. Goodell (The University of Akron), Marco Ercole Oriani (Catholic University of Sacred Heart)

Discussant: Alessandra Cavallo

 

 2.         Exploring the effect of the energy transition on CO2 emissions of China

Yi-Shuai Ren (Hunan University and the Energy Centre, University of Auckland), Zi-Xin Yi (Hunan University) Sabri Boubaker (EM Normandie Business School, Métis Lab, France, Swansea University)

Discussant: Andrea Paltrinieri

 

3.          Financing Green Transition

Angela Gallo (Bayes Business School, City, University of London) and Min Park (University of Bristol Business School)

Discussant: Yi-Shuai Ren

 

4.           Unveiling the Liquidity Greenium: Exploring Patterns in the Liquidity of Green versus Conventional Bonds

Annalisa Molino (Prometeia), Lorenzo Prosperi (Prometeia), Lea Zicchino (Prometeia)

Discussant: Angela Gallo

 

 

19:30 Gala Dinner (Restaurant: Molino Rosso, Imola)