Selected Publications by MIB Core Faculty
This page presents a selection of Academic Publications authored by the Core Faculty members of MIB Trieste School of Management.
The list highlights contributions across a range of disciplines that reflect the School’s core teaching and research areas.
To explore the publications by thematic area, please click on the corresponding section below:
The list highlights contributions across a range of disciplines that reflect the School’s core teaching and research areas.
To explore the publications by thematic area, please click on the corresponding section below:
- Finance, Accounting, and Management Control
- Insurance, Risk Management, and Data Science
- International Business, Markets and Economics
- Strategy, Marketing, and Organization
Each section includes relevant publications in APA format with direct access to the DOI links.
FINANCE, ACCOUNTING, AND MANAGEMENT CONTROL
Bertoni Michele
- Bertoni, M., Rossi, P., & De Rosa, B. (2021). "Early Warnings": incremento nella capacità di risposta o perdita di rilevanza?. Management Control, 1, 2021, 175–194.
DOI: https://doi.org/10.3280/maco2021-001009
- Bertoni, M., & Sostero, U. (2023). Financial statement layouts. In A. Incollingo & A. Lionzo (Eds.), The European harmonization of national accounting rules. Springer, Cham.
DOI: https://doi.org/10.1007/978-3-031-42931-6_11
- Bertoni, M., Candio, P., & Rossi, P. (2024). Revisiting the impact of ESG on financial performance: Empirical evidence from the Italian Stock Exchange. Financial Reporting, 2, 163–191.
DOI: https://doi.org/10.3280/FR2024-002007
- Bertoni, M., Candio, P., & Pediroda, V. (2024). Moderating role of voluntary IFRS adoption on earnings management and credit score of private companies. Finance Research Letters, 70, 106369.
DOI: https://doi.org/10.1016/j.frl.2024.106369
- Barresi, S., Bertoni, M., & Rossi, P. (2025). The association between environmental and financial performance in the oil and gas industry: An institutional approach. In N. Castellano, F. De Luca, G. D'Onza, M. Maffei, & A. Melis (Eds.), Environmental, social, governance (ESG). Springer, Cham.
DOI: https://doi.org/10.1007/978-3-031-76618-3_27
De Rosa Bruno
- De Rosa, B. (2022). Il controllo nelle "agile organizations": New wine or just new bottles?. Management Control, 1, 121–148.
DOI: https://doi.org/10.3280/maco2022-001008
- De Rosa, B. (2024). Analisi dell’economicità di un’azienda vitivinicola nel breve periodo. Controllo di gestione, 2024, 2.
- De Rosa, B. (2023). Logiche e algoritmi di calcolo dei costi nell'impresa vitivinicola. Controllo di gestione, 2024, 4.
- De Rosa, B. (2023). OKR: Uno strumento per produrre focalizzazione, allineamento ed engagement. Controllo di gestione, 2023, 2.
- De Rosa, B. (2022). Quali logiche di controllo in un mondo VUCA?. Controllo di gestione, 2022, 5.
Modugno Guido
- Modugno, G., Corelli, T., Vardabasso, M., Rachelli, A., & Casolino, M. (2024). How much do hospital staff know, how much do they care, and what should they know about economic aspects of Diagnosis Related Groups? The case of an Italian children’s hospital. Journal of Hospital Administration, 13(2), 32–43.
DOI: https://doi.org/10.5430/jha.v13n2p32
- Modugno, G., & Venier, F. (2022). Performance Organizzativa e autonomia della ricerca: superare il tabù verso una logica manageriale. Sviluppo & Organizzazione, 308, 68–74.
- Modugno, G., Di Carlo, F., & Lucchese, M. (2022). Causes and Effects of Processes’ Complexity in Public Institutions: Some Experiences from Italian Universities. Administrative Sciences, 12(1), 37.
DOI: https://doi.org/10.3390/admsci12010037
- Modugno, G., Bertoni, M., & De Rosa, B. (2022). The simplification of public administration: A managerial perspective. Naše gospodarstvo/Our economy, 68(1), 64–76.
DOI: https://doi.org/10.2478/ngoe-2022-0006
- Modugno, G., Di Carlo, F., Lucchese, M., & Agasisti, T. (2021). Grafting New Values into Public Institutions by Reforming the Accounting System: Lessons Learned from the Italian Higher Education System. International Journal of Business and Management, 15(7), 1–20.
Valentinuz Giorgio
- Kaucic, M., Piccotto, F., Sbaiz, G., & Valentinuz, G. (2023). A hybrid level-based learning swarm algorithm with mutation operator for solving large-scale cardinality-constrained portfolio optimization problems. Information Sciences, 634, 321–339.
DOI: https://doi.org/10.1016/j.ins.2023.03.115
- Kaucic, M., Piccotto, F., Sbaiz, G., & Valentinuz, G. (2023). Optimal portfolio with sustainable attitudes under cumulative prospect theory. Journal of Applied Finance & Banking, 13(4), 65–86.
DOI: https://doi.org/10.47260/jafb/1344
- Khan, M. A., Hassan, M. K., Maraghini, M. P., Paolo, B., & Valentinuz, G. (2024). Valuation effect of ESG and its impact on capital structure: Evidence from Europe. International Review of Economics & Finance, 91, 19–35.
DOI: https://doi.org/10.1016/j.iref.2024.01.002
- de Luca, P., & Valentinuz, G. (2024). Social sustainability for health and well-being in port areas: A general framework proposal with a social value approach. Corporate Social Responsibility and Environmental Management, 31(6), 6234–6245.
DOI: https://doi.org/10.1002/csr.2920
- Gatto, A., Tofanelli, M., Valentinuz, G., Mascherin, A., Costariol, L., Rizzo, S., ... & Tirelli, G. (2024). Cochlear implant cost analysis in adults: a European narrative review. European Archives of Oto-Rhino-Laryngology, 281(9), 4455–4471.
DOI: https://doi.org/10.1007/s00405-024-08591-3
INSURANCE, RISK MANAGEMENT AND DATA SCIENCE
Cozzucoli Lea Anna
- Cozzucoli, L. A., & Pauli, F. (2024, June). Beyond Correlation: Discovering Causal Effects of AI on Innovation Across European SMEs. In Scientific Meeting of the Italian Statistical Society (pp. 34-39). Cham: Springer Nature Switzerland.
DOI: https://doi.org/10.1007/978-3-031-64431-3_6
Dreassi Alberto
- Hassan, M. K., Chiaramonte, L., Dreassi, A., Paltrinieri, A., & Piserà, S. (2021). The crossroads of ESG and religious screening on firm risk. Research in International Business and Finance, 58, 101500.
DOI: https://doi.org/10.1016/j.ribaf.2021.101500 - Paltrinieri, A., Dreassi, A., Rossi, S., & Khan, A. (2021). Risk-adjusted profitability and stability of Islamic and conventional banks: does revenue diversification matter?. Global Finance Journal, 50, 100517.
DOI: https://doi.org/10.1016/j.gfj.2020.100517 - Hassan, M. K., Chiaramonte, L., Dreassi, A., Paltrinieri, A., & Piserà, S. (2022). The religious fringe of corporate social responsibility. International Review of Economics & Finance, 80, 243-265.
DOI: https://doi.org/10.1016/j.iref.2022.02.003 - Chiaramonte, L., Dreassi, A., Girardone, C., & Piserà, S. (2022). Do ESG strategies enhance bank stability during financial turmoil? Evidence from Europe. The European Journal of Finance, 28(12), 1173-1211.
DOI: https://doi.org/10.1080/1351847X.2021.1964556 - Chiaramonte, L., Dreassi, A., Goodell, J. W., Paltrinieri, A., & Piserà, S. (2024). Banks’ environmental policies and banks’ financial stability. Journal of International Financial Markets, Institutions and Money, 91, 101927.
DOI: https://doi.org/10.1016/j.intfin.2023.101927
Lizzi Matteo
- Levantesi, S., Lizzi, M., & Nigri, A. (2022). An application of contrast trees for mortality models diagnostic and boosting. In Book of short papers. IES 2022 Innovation & society 5.0: statistical and economic methodologies for quality assessment (pp. 219-224). PKE srl.
- Levantesi, S., Lizzi, M., & Nigri, A. (2024). Enhancing diagnostic of stochastic mortality models leveraging contrast trees: an application on Italian data. Quality & Quantity, 58(2), 1565-1581.
DOI: https://doi.org/10.1007/s11135-023-01711-x
- Lizzi, M. (2024). A Contrast-Tree-Based Approach to Two-Population Models. Risks, 12(10), 152.
DOI: https://doi.org/10.3390/risks12100152
Marino Mario
- Di Giacinto, M., Mancinelli, D., Marino, M., & Oliva, I. (2024). Pension funds with longevity risk: an optimal portfolio insurance approach. Insurance: Mathematics and Economics, 119, 268-297.
DOI: https://doi.org/10.1016/j.insmatheco.2024.10.001
- Maggistro, R., Marino, M., & Martire, A. (2024). A dynamic game approach for optimal consumption, investment and life insurance problem. Annals of Operations Research, 1-22.
DOI: https://doi.org/10.1007/s10479-024-05847-3
- Maggistro, R., Marino, M., Pelessoni, R., & Picech, L. (2024). Designing amortization plans by fairness. Decisions in Economics and Finance, 47(2), 445-467.
DOI: https://doi.org/10.1007/s10203-023-00424-y
- Marino, M., Levantesi, S., & Nigri, A. (2023). A neural approach to improve the Lee-Carter mortality density forecasts. North American Actuarial Journal, 27(1), 148-165.
DOI: https://doi.org/10.1080/10920277.2022.2050260
- Bacinello, A. R., Maggistro, R., & Marino, M. (2024). On a New Perspective in Longevity Risk Management: The Lifetime Shifting. In Mathematical and Statistical Methods for Actuarial Sciences and Finance (pp. 13-18). Cham: Springer Nature Switzerland.
DOI: https://doi.org/10.1007/978-3-031-64273-9_3
Millossovich Pietro
- Pesenti, S. M., Millossovich, P., & Tsanakas, A. (2021). Cascade sensitivity measures. Risk Analysis, 41(12), 2392-2414.
DOI: https://doi.org/10.1111/risa.13758
- Millossovich, P., Tsanakas, A., & Wang, R. (2024). A theory of multivariate stress testing. European Journal of Operational Research, 318(3), 851-866.
DOI: https://doi.org/10.1016/j.ejor.2024.06.002
- Bacinello, A. R., Millossovich, P., & Viviano, F. (2024). An iterative least-squares Monte Carlo approach for the simulation of cohort based biometric indices. European Actuarial Journal, 1-26.
DOI: https://doi.org/10.1007/s13385-024-00393-5
- Makam, V. D., Millossovich, P., & Tsanakas, A. (2021). Sensitivity analysis with χ²-divergences. Insurance: Mathematics and Economics, 100, 372-383.
DOI: https://doi.org/10.1016/j.insmatheco.2021.06.007
- De Mori, L., Millossovich, P., Zhu, R., & Haberman, S. (2024). Two-population mortality forecasting: an approach based on model averaging. Risks, 12(4), 60.
DOI: https://doi.org/10.3390/risks12040060
Olivieri Annamaria
- Olivieri, A., & Pitacco, E. (2020). Linking annuity benefits to the longevity experience: Alternative solutions. Annals of Actuarial Science, 14(2), 316-337.
DOI: https://doi.org/10.1017/S1748499519000137
- Olivieri, A. (2021). Designing annuities with flexibility opportunities in an uncertain mortality scenario. Risks, 9(11), 189.
DOI: https://doi.org/10.3390/risks9110189
- Olivieri, A., & Pitacco, E. (2022). Time Restrictions on Life Annuity Benefits: Portfolio Risk Profiles. Risks, 10(8), 164.
DOI: https://doi.org/10.3390/risks10080164
- Olivieri, A., Thirurajah, S., & Ziveyi, J. (2022). Target volatility strategies for group self-annuity portfolios. ASTIN Bulletin: The Journal of the IAA, 52(2), 591-617.
DOI: https://doi.org/10.1017/asb.2022.7
- Olivieri, A., & Tabakova, D. (2024). Stochastic assessment of special-rate life annuities. Decisions in Economics and Finance, 1-20.
DOI: https://doi.org/10.1007/s10203-024-00476-8
Tabakova Daniela
- Pitacco, E., & Tabakova, D. (2022). Special-rate life annuities: analysis of portfolio risk profiles. Risks, 10(3), 65.
DOI: https://doi.org/10.3390/risks10030065
- Olivieri, A., & Tabakova, D. (2024). Stochastic assessment of special-rate life annuities. Decisions in Economics and Finance, 1-20.
DOI: https://doi.org/10.1007/s10203-024-00476-8
- Tabakova, D., & Pitacco, E. (2021). Heterogeneity and uncertainty in a multistate framework. Decisions in Economics and Finance, 44(1), 117-139.
DOI: https://doi.org/10.1007/s10203-020-00306-7
Torelli Nicola
- Macrì Demartino, R., Egidi, L., & Torelli, N. (2024). Alternative ranking measures to predict international football results. Computational Statistics, 1-19.
DOI: https://doi.org/10.1007/s00180-024-01585-z
- Egidi, L., Pappada, R., Pauli, F., & Torelli, N. (2024). pivmet: an R package proposing pivotal methods for consensus clustering and mixture modelling. Journal of Open Source Software, 9(98), 6461.
DOI: https://doi.org/10.21105/joss.06461
- Egidi, L., Pauli, F., Torelli, N., & Zaccarin, S. (2023). Clustering spatial networks through latent mixture models. Journal of the Royal Statistical Society Series A: Statistics in Society, 186(1), 137-156.
DOI: https://doi.org/10.1093/jrsssa/qnac002
- De Stefano, D., Pauli, F., & Torelli, N. (2022). Preelectoral polls variability: A hierarchical Bayesian model to assess the role of house effects with application to Italian elections. The Annals of Applied Statistics, 16(1), 460-476.
DOI: https://doi.org/10.1214/21-AOAS1507
- Egidi, L., Pauli, F., & Torelli, N. (2022). Avoiding prior–data conflict in regression models via mixture priors. Canadian Journal of Statistics, 50(2), 491-510.
DOI: https://doi.org/10.1002/cjs.11637
INTERNATIONAL BUSINESS, MARKETS AND ECONOMICS
Mauro Luciano
- Mauro, L., & Pigliaru, F. (2024). Italy’s national recovery and resilience plan: Will it narrow the north–south productivity gap?. Italian Economic Journal, 10(3), 1281–1307.
DOI: https://doi.org/10.1007/s40797-023-00254-2
- Mauro, L., Pigliaru, F., & Carmeci, G. (2023). Decentralization, social capital, and regional growth: The case of the Italian North-South divide. European Journal of Political Economy, 78, 102363.
DOI: https://doi.org/10.1016/j.ejpoleco.2023.102363
- Mauro, L. (2022). La stagnazione secolare: fatti stilizzati e possibili cause. Il Risparmio, 65(1), 41–65.
- Carmeci, G., Mauro, L., & Privileggi, F. (2021). Growth maximizing government size, social capital, and corruption. Journal of Public Economic Theory, 23(3), 438–461.
DOI: https://doi.org/10.1111/jpet.12508
STRATEGY, MARKETING, AND ORGANIZATION
Bortoluzzi Guido
- Ghasemzadeh, K., Bortoluzzi, G., & Yordanova, Z. (2022). Collaborating with users to innovate: A systematic literature review. Technovation, 116, 102487.
DOI: https://doi.org/10.1016/j.technovation.2022.102487
- Pugliese, R., Bortoluzzi, G., & Balzano, M. (2022). What drives the growth of start-up firms? A tool for mapping the state-of-the-art of the empirical literature. European Journal of Innovation Management, 25(6), 242–272.
DOI: https://doi.org/10.1108/EJIM-03-2021-0163
- Balzano, M., Bunjak, A., & Bortoluzzi, G. (2024). How relational and collective identification shape the relationship between individual ambidexterity and job performance. European Management Review.
DOI: https://doi.org/10.1111/emre.12684
- Balzano, M., & Bortoluzzi, G. (2024). Time is running out: How design thinking shapes team innovation under time constraints. European Management Journal.
DOI: https://doi.org/10.1016/j.emj.2024.08.003
- Krenn, M. L., Bortoluzzi, G., & Sternad, D. (2024). Business model innovation and the success of internationalization initiatives: the moderating effects of psychic distance and international experience. Journal of Small Business and Enterprise Development, 31(7), 1357–1377.
DOI: https://doi.org/10.1108/JSBED-08-2023-0396
Garlatti Costa Grazia
- Garlatti Costa, G., Bortoluzzi, G., & Černe, M. (2023). Can innovative work behaviour spur creativity while working remotely? The role of work–home conflict and social isolation. Management Research Review, 46(8), 1132–1148.
DOI: https://doi.org/10.1108/MRR-03-2022-0204
- Garlatti Costa, G., Aleksić, D., & Bortoluzzi, G. (2022). The power of balance: Interplay effects of exploitative leadership style, work–family balance and family-friendly workplace practices on innovation implementation. European Journal of Innovation Management, 25(5), 1266–1287.
DOI: https://doi.org/10.1108/EJIM-12-2020-0488
- Garlatti Costa, G., & Venier, F. (2023). PMI, stare al passo con i tempi per attrarre i giovani talenti. Sviluppo & Organizzazione, 313, 60–67.
- Garlatti Costa, G., & Bortoluzzi, G. (2024). Lavoro ibrido e creatività: organizzare e gestire i team creativi “ibridi”. Prospettive in Organizzazione, 1–11.
- Garlatti Costa, G., Pugliese, R., & Venier, F. (2025). AI at Work: Unveiling Organizational AI Adoption Patterns through the Lens of the Diffusion of Innovations Theory in Italian Companies. Managing Global Transitions. (Forthcoming end of March 2025)
Kyrdoda Yuliia
- Kyrdoda, Y., Balzano, M., & Marzi, G. (2023). Learn to survive crises: The role of firm resilience, innovation capabilities and environmental dynamism. Technology in Society, 74, 102285.
DOI: https://doi.org/10.1016/j.techsoc.2023.102285
- Fabbro, E., Kyrdoda, Y., Dore, S., Marzi, G., Borruso, G., Battino, S., ... & Vianelli, D. (2024). Is entrepreneurship a key factor in the development of European countries? A proposal for an innovation readiness environment (IRE) index. Open Research Europe, 4, 12.
DOI: https://doi.org/10.1016/j.techsoc.2023.102285
- Kyrdoda, Y., Balzano, M., & Vianelli, D. (2025). The formation of a sustainable organizational identity: Insights from Brazilian coffee producers. Business Strategy and the Environment, 34(1), 1–18.
DOI: https://doi.org/10.1002/bse.3975
Pugliese Roberto
- Garlatti Costa, G., Venier, F., & Pugliese, R. (2025). Unveiling organizational AI adoption patterns in Italian companies through the lens of the diffusion of innovations theory. Managing Global Transitions, 23(1), 79–111.
DOI: https://doi.org/10.26493/1854-6935.23.79-111
- Pugliese, R., Bortoluzzi, G., & Balzano, M. (2022). What drives the growth of start-up firms? A tool for mapping the state-of-the-art of the empirical literature. European Journal of Innovation Management, 25(6), 242–272.
DOI: https://doi.org/10.1108/EJIM-03-2021-0163
- Guzzi, F., Kourousias, G., Pugliese, R., Gianoncelli, A., & Billè, F. (2024, May). Translating and Optimising Computational Microscopy Algorithms with Large Language Models. In 2024 47th MIPRO ICT and Electronics Convention (MIPRO) (pp. 1700–1705). IEEE.
DOI: https://doi.org/10.1109/MIPRO60963.2024.10569791
Tracogna Andrea
- Hu, T. I., & Tracogna, A. (2020). Multichannel customer journeys and their determinants: Evidence from motor insurance. Journal of Retailing and Consumer Services, 54, 102022.
DOI: https://doi.org/10.1016/j.jretconser.2019.102022
- Akbar, Y. H., & Tracogna, A. (2022). The digital economy and the growth dynamics of sharing platforms: A transaction cost economics assessment. Journal of Digital Economy, 1(3), 209–226.
DOI: https://doi.org/10.1016/j.jdec.2023.01.002
- Prentice, C., Tracogna, A., & Akbar, Y. H. (2024). The Paths to an Enhanced Ecosystem for International Hotel Chains. Journal of the Knowledge Economy, 1–25.
DOI: https://doi.org/10.1007/s13132-024-02579-4
- Akbar, Y. H., & Tracogna, A. (2024). Travel and tourism sharing platforms: governance and monetization strategies. Current Issues in Tourism, 27(22), 3770–3785.
DOI: https://doi.org/10.1080/13683500.2024.2314140
- Tracogna, A., & Hu, T. I. (2024). Channel choices and interaction patterns in continuously provided services: A customer journey perspective. Journal of Marketing Theory and Practice, 32(3), 396–412.
DOI: https://doi.org/10.1080/10696679.2023.2217487
Venier Francesco
- Garlatti Costa, G., Venier, F., & Pugliese, R. (2025). Unveiling organizational AI adoption patterns in Italian companies through the lens of the diffusion of innovations theory. Managing Global Transitions, 23(1), 79–111.
DOI: https://doi.org/10.26493/1854-6935.23.79-111
- Garlatti Costa, G., & Venier, F. (2023). PMI, stare al passo con i tempi per attrarre i giovani talenti. Sviluppo & Organizzazione, 313, 60–67.
- Modugno, G., & Venier, F. (2022). Performance Organizzativa e autonomia della ricerca: superare il tabù verso una logica manageriale. Sviluppo & Organizzazione, 308, 68–74.
- Venier, F. (2020). Ottimizzare i flussi delle filiere grazie alla Supply-Blockchain. Sistemi & Impresa, 2020(3), 54–59.