Transition management strategies of confiscated mafia-type firms: the role of public administrations and nonprofit organizations
Marco Bisogno
Journal of Public Budgeting, Accounting & Financial Management, 2023, vol. 35, issue 6, 121-139
Abstract:
Purpose - This study aims to investigate transition patterns originating from the confiscation of mafia-type firms, examining public administrations and nonprofit organizations' roles. Design/methodology/approach - This study investigates the case of “Calcestruzzi Ericina Libera,” a firm located in Sicily and confiscated from the Mafia in 1996. The analysis covers an extended period (approximately 25 years). Findings - The empirical analysis documents the pivotal role of informal networks, comprising public administrations and nonprofit organizations. Confiscation processes are successful if transition management strategies are governed through a network and a collaborative approach is followed after the confiscation to support the firm. Originality/value - Mafia-type firms have been examined academically from different perspectives, but few studies have focused on the steps taken after their confiscation.
Keywords: Transition management; Mafia; Network; Public administrations; Nonprofit organizations (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jpbafm:jpbafm-03-2023-0041
DOI: 10.1108/JPBAFM-03-2023-0041
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