La corporate governance nei servizi pubblici locali a rilevanza economica: strumenti per la gestione del consenso sociale

Francesco Badia

No 201012, Working Papers from University of Ferrara, Department of Economics

Abstract: In this work we consider the link between corporate governance and social responsibility (CSR) in local utilities companies. More specifically, we use the term 'tool of corporate governance' as a tool able to support the governance of a company to reach its strategic aims, reconcile efficiency and effectiveness, verify (and demonstrate) social responsibility. Social 'consensus' considers the necessity (particularly critical for local utilities) for a company to get the external stakeholders' ap-proval. Social consensus and social responsibility are important for every kind of company, but they become critical resources for a local utility company, likewise the concept (and the concrete appli-cation) of accountability. The empirical part of this work considers eight local utilities companies, listed on the Italian Stock Exchange. Specific subjects of the empirical analysis are the level of CSR consideration, through the presence of social/sustainability reporting and its level of 'quality'. We conclude that the corporate governance tools for managing social consensus in local utilities com-panies should consider the environmental effect of the corporate activities, the level of transparency and responsibility in providing services, the capacity to develop confidence within the territory, the satisfaction of expressed and un-expressed needs of the community and the internal satisfaction of the company's human resources.

Keywords: local utilities; corporate governance; social consensus; sustainability reporting (search for similar items in EconPapers)
JEL-codes: G34 H44 L32 L95 M14 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2010-12-02
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://out.economia.unife.it/uploads/dip_deit/quaderni/201012.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:udf:wpaper:201012

Access Statistics for this paper

More papers in Working Papers from University of Ferrara, Department of Economics Via Voltapaletto, 11 - I-44121 Ferrara (Italy). Contact information at EDIRC.
Bibliographic data for series maintained by Alberto Benati ().