The Italians in Europe

Given Italy's reputation for fiscal profligacy, the zeal with which Italians strove to meet the strict budgetary and other criteria to qualify for full participation in European Monetary Union might be in need of explanation. On a wider front, Italy has displayed an enthusiasm for European integration which has been largely free of the reservations occasionally shown by member-states of comparable size and importance. This paper considers explanations which have been advanced for Italians' pro-European attitude, such as Catholic universalism and Roman imperial traditions, but rejects them as insufficient, in order to argue that the modern experience of the nation-state in Italy has failed to produce a strong sense of allegiance to a national identity, encouraging Italians to look to the European level of supranational institutions. Furthermore, it is argued that this lack of strong national allegiance in Italy is not simply a negative characteristic, but has allowed for the preservation of traditions of localism, federalism and social partnership in Italy which are potentially valuable contributions to a future configuration of the European Union.     

Metal objects mapping after small charge explosions. A study on AISI 304Cu steel with two different grain sizes

Evidence of exposure of a metal component to a small charge explosion can be detected by observing microstructural modifications; they may be present even if the piece does not show noticeable overall plastic deformations. Particularly, if an austenitic stainless steel (or another metal having a face-centered cubic structure and a low stacking fault energy) is exposed to an explosive shock wave, high-speed deformation induces primarily mechanical twinning, whereas, in nonexplosive events, a lower velocity plastic deformation first induces slip. The occurrence of mechanical twins can be detected even if the surface is damaged or oxidized in successive events. In the present research, optical metallography (OM) and scanning electron microscopy (SEM), and scanning tunneling microscopy (STM) were used to detect microstructural modifications caused on AISI 304Cu steel disks by small-charge explosions. Spherical charges of 54.5 or 109 g TNT equivalent mass were used at explosive-to-target distances from 6.5 to 81.5 cm, achieving peak pressures from 160 to 0.5 MPa. Explosions induced limited or no macro-deformation. Two alloy grain sizes were tested. Surface OM and SEM evidenced partial surface melting, zones with recrystallization phenomena, and intense mechanical twinning, which was also detected by STM and X-ray diffraction. In the samples' interior, only twins were seen, up to some distance from the explosion impinged surface and again, at the shortest charge-to-sample distances, in a thin layer around the reflecting surface. For forensic science locating purposes after explosions, the maximum charge-to-target distance at which the phenomena disappear was singled out for each charge or grain size and related to the critical resolved shear stress for twinning.     

False and Reluctant Friends? National Money Laundering Regulation,International Compliance and Non-Cooperative Countries

In the aftermath of September 11th, growing attention has been paid to the role of Non-Cooperative Countries and Territories (NCCT) in money laundering and terrorist financing. The paper, applying the new political economy approach in the law and economics field, provides a model to describe, through the policymaker payoff maximization, the relationships between specific country features and endowments, on the one hand, and lax financial regulations, on the other hand. Given that in the real world relatively lax regulation means a non-cooperative attitude in the international fight against money laundering and terrorist financing we empirically test the above theoretical relationship in the case of the NCCT jurisdictions. The policy consequences on the pros and cons of international blacklisting procedures are discussed.JEL K42, G28     

In Offense of Usury Laws: Microfoundations of Illegal Credit Contracts

Several European countries base their anti-usury laws on the definition of interest ceilings. Underlying this approach is the identification of high interest rates with the usurious nature of the relative credit contract; hence usury is nothing more than a particularly onerous credit contract. The present paper contradicts this traditional view by presenting a general micro-founded model of credit contracts that arrives at a few conclusions, before in a static and then in a dynamic contest. Firstly, it demonstrates the specificity of the usury contract with respect to the bank contract, pointing up the particular nature of those who supply and demand usurious credit. Secondly, it demonstrates that in environmental situations with little protection of property rights and a propensity to illegality, the decision of a borrower to turn to a usurer may be efficient from the Pareto standpoint and thus not the result of a rationing equilibrium in the bank credit market, as is commonly thought. Thirdly, it deduces from this the insubstantial link between interest rate level and the usurious nature of the contract. Hence two consequences for policy: (a) it is more effective to combat usury by improving the laws and law enforcement to better protect property rights, rather than introduce rate ceilings; and (b) in any case, the usury market can be reduced but not eliminated, since it is a meeting place for particular borrowers and lenders of funds.     

Engines need transmission belts: the importance of people in technology transfer offices

The Journal of Technology Transfer - Over the last 20 years, universities and Public Research Organizations have increased their efforts to transfer their research results towards...     

Sustainability reporting: How consistency and interdependence in financial and managerial accounting enhance eco-controls

Sustainability reporting requires consistency and interdependency of financial accounting and managerial accounting. Accounting is closely entangled with the eco control (EC) in organisations. The quality of (sustainability) reporting and the disclosures is only as good as the quality and consistency of accounting data captured. Therefore, accounting choices and practises have an important role to play in sustainability reporting. This study explores the mechanism through which accounting informs EC. Through the independent and serial use of two levers, first ‘interdependency’ between financial accounting and management accounting and second, though the use of ‘digitalized information’ as a moderating variable, it is probed as to how EC are shaped. An empirical investigation is undertaken by carefully curating primary data, analysed through partial least squares structural equation modelling technique to inform broader debates in the ‘sustainability reporting’ literature concerning the mechanisms through which EC, are influenced by accounting mechanics, choices and disclosures. Sound EC contributes to sustainability accounting and governance to meet needs of the firms direct and indirect stakeholders without comprising the firm's ability to meet the needs of future stakeholders. The study established that the interdependency between the financial accountants and the management accountants output, mediates the effect of a consistent financial language on EC practises and this effect is independent of the firm size or the industry category. This article brings to the fore, the interplay of FA and MA in informing the environmental controls. The under researched perspective addressed by this study is that EC are highly interdependent with the consistency and comprehensiveness of accounting that informs it which in turn is effected by the cooperation and coordination (interdependency) between FA and MA information providers.     

Reaping What They Sow? Victim-Offender Overlap Perceptions and Victim Blaming Attitudes

Examining the tendency to attribute blame to crime victims reveals a striking dichotomy. Some types, such as children, elicit intense emotional reactions from the public. Alternatively, others, such as the typical victims of street crimes, garner substantially less concern. According to the “just world” hypothesis, these latter groups may be perceived by the public as criminally involved, and so “blameworthy” for their victimization. We test this hypothesis—specifically, we evaluate whether perceptions of the extent of victims’ involvement in crime are associated with dispositional attributions for victimization. Data from a recent national survey (N = 760) are analyzed. To extend generalizability, we replicate results with a college sample (N = 733). Findings indicate that victim-offender overlap perceptions vary consistently by crime type. There is also consistent evidence that perceiving a larger victim-offender overlap is associated with the view that the causes of criminal victimization are, in part, dispositional—and thus that crime victims hold personal responsibility.