Details for Alma Mater Studiorum-University of Bologna Department of Management

Participant Status


Type of Organization


Type of Education

Undergraduate, Post Graduate, Doctoral

Institution is part of

Alma Mater Studiorum-University of Bologna


Bologna, Bologna, Italy


Sign Up Date to PRME

22 Nov 2013

Current Sharing Information on Progress Report Submission

17 Nov 2017

Sharing Information on Progress (2017)

UNIBO - SIP Report - View Report

Sharing Information on Progress (2015)

UNIBO yearly report - View Report

Period Covered: Jan 2014 to Dec 2015

The Department of Management (DiSA, University of Bologna) has been continuously promoting education, research and best practices with the focus on values for responsible management thorugh a managerial culture and fostering innovation.
DiSA aims to have students engaged on topics related to ethics and sustainability, throughout academic courses, university and business events (i.e. seminars, laboratory, field visits), and other cultural initiatives.

Achievements Curriculum Integration in the Field of Corporate Responsibility and Sustainability

According to QS world university ranking (, in 2013 the University of Bologna is the first Italian University and the Social Science and Management are in the 113 ranking position at the international level.. The Department of Management is organized in 9 different research groups: Business Economics, Financial Markets and Institution Management; Corporate Finance; Management, Innovation and Organization of Culture and the Arts; Management of Technology and Innovation; Organizational Behaviour Studies; Marketing; Strategic Management; Management and Technology of resources.
In the frame of the Business Economics research group we have designed and launched the first ever international MBA in Green Energy and Sustainable in Italy:
The MBA is offered by Alma Graduate School, the Business School of the University of Bologna ( with the coordination of the Department of Management faculty members. It was launched in 2012 and it is now in its second edition.
The Green Energy and Sustainable Businesses MBA is a challenging, intensive 12-month full-time international program taught entirely in English. The curriculum is divided in two main parts: General Management (MBA core courses) and a Green Energy and Sustainability concentration, designed to provide an opportunity for specialization and in-depth focus on financial viability, ecological sustainability, and Social equity. Participants are engaged in a stimulating learning environment where people with strong environmental and social values integrate the development of entrepreneurial and corporate venturing skills with the building of critical thinking and leadership competences.
From a pedagogical standpoint the MBA emphasizes engagement of leading companies and managers of the sector in order to provide participants with a first-hand full immersion in the world of sustainability. Open discussions and meetings with professionals/experts from the sector give students an opportunity to address specific issues, and learn from actual testimonies and experiences of the real business world. Students also are exposed to first-hand experience by participating in extracurricular activities, such as: field trips, in-company day visits, and project-works in close collaborations with companies and green startups.
Here we provide a brief description of the courses offered as part of the Green and Sustainable concentration:
This course introduces ethics-related aspects of business sustainability. The role of the different players -- top management, employees, shareholders, legislators, and lobbies during the sustainability strategies and road map definition/execution -- is treated with a particular focus on topics related to the application of ethical principles and consistency of decision-making process with such principles.
This course considers the conduct of company operations with responsibility and accountability to their stakeholders and wider society with emphasis on sustainability. It examines how this expectation is increasingly framed in terms of sustainable development demands from new legislative measures, emerging market demand and active shareholding. It explores the consequences of the imposition of new environmental legislation as well as the development and application of the concept of corporate social responsibility within different business contexts.
Shared with the Master in Business Administration “Brazil-Europe Business Relations, Food and Wine and Global Industrial Enterprises concentrations” offered by Alma Graduate School.
This course aims at presenting and understanding the role of culture in management and organizational processes in today’s inter-cultural business world. After an initial theoretical introduction to the concept of culture, the course analyzes its relevance to organizational issues such as: human resources management, cross-cultural communication, team-work, motivation, and negotiation.
This course presents the legislative measures approved or in the process of being approved in the areas of climate change mitigation and energy conservation. An analysis of the impact of these measures on every stakeholder such as industry, government, and non-governmental organizations, is presented.
This course in an introduction to principles and practices of managing a green business. Participants learn the key factors in developing a strategy to create a new sustainable business operation or to improve on the existing strategy already in place. Special attention is devoted to understanding the “triple bottom line” with a focus on financial, social, and environmental responsibility.
Shared with the Master in Business Administration “Global Industrial Enterprises concentration” offered by Alma Graduate School.
To allow the students to gain and understanding of the major elements and tools that shape, impact and can be utilized in the development of an effective operations strategy. Particular attention is paid to the sustainability agenda and how it impacts on manufacturing and service sectors. The management of the flow of materials, inventory and warehouse will be treated along with procurement policies and management of the supply system. Special attention is given to green supply networks.

This course provides an introduction to business planning concepts and the tools necessary to set up new businesses in the area of green economy. Green corporate entrepreneurship as well as green start-up cases are developed.
Shared with the MBA “Global Industrial Enterprises concentration”.
This course addresses the strategic, organizational and management issues related to the international application of technologies and innovation development. Particular attention is given to environmental and sustainability issues associated to new product development and R&D, as well as project management. Best practices in management of international projects are analyzed to address and solve problems at different stages of product life cycle as well as to optimize the final performance in terms of quality, time and cost.
For students enrolled in graduate programs offered by the Department of Management, we have being proposing the following courses in 3 different Campuses of the University of Bologna (Bologna, Rimini, Forlì):

Master Degree on Economics and Management of Tourism System.

Master EMCA (European Master on Consumer Affaires).
Master Degree in Tourism, Economics and Management.
Master Degree in Tourism, Economics and Management.

Master Degree in Resource Economics and Sustainable Development.
Master Degree in Banking and Finance. Part of the program is devoted to topics related to C.S.R. referring to the case of British Petroleum.
BASICS OF C.S.R. in Europe Administration and Logistics:
Course of Higher Education on Governance and Development of Small and Medium Enterprise in Egypt, University of Bologna on behalf of the Ministry of Foreign Affairs of Italy.

Course of Economics of Public companies and administration, Master CESPEM for creation and Development of innovative SME in transition countries, University of Bologna.

Course for certified chartered accountants.

Master Degree on Economics of Tourism.
Master Degree on Economics of Tourism.
Master Degree in Social Economics.
Learning outcomes
The objective of this course is to deal with the ethics approach to the financial market in all its aspects: banking and financial management. At the end of the course the student is able: to know the risks and the peculiarities which the financial activity must face with regards to ethics; to have a general knowledge of the literature dealing with the ethical behavior of the banker and of the trader; to analyze the ethical challenges which the modern society must face with regards to the financial relationships.

2013: 10TH INTERNATIONAL COMPARATIVE RURAL POLICY STUDIES SUMMER INSTITUTE. Agri-food systems and rural development: tradition, innovation and green governance. Activity organized by Network ICRPS: International Comparative Rural Policy Studies
ICRPS is an international programme which brings together a multi-disciplinary group of faculties, students and professionals to study the many facets of rural policy, from formulation to impacts. It has been developed by a Consortium comprising faculty from 16 universities in North America and Europe. The main aim is to enable students to examine and compare the nature, role and impacts of rural policy in different cultural, political and administrative contexts. It also provides the opportunity to study the implications of new forms of governance in rural contexts, and to consider global issues in a range of local contexts. The key features of programme are the annual two-week summer institute, comparative rural policy research, and online distance learning courses.
2010-2013 The MEDICI Summer School in Management Studies. It is focused on internationalization strategies. Future research directions related to new phenomena, new settings, and the increasingly prominent role of multinationals as social, besides economic, actors will be examined. Internationalization refers to the process through which firms increase their international involvement by undertaking commercial activities and investments in foreign countries. Research on internationalization has tackled numerous issues such as firms’ decisions of the location and mode of their investments, knowledge transfer, resources and capabilities development, and the influence of firms’ numerous stakeholders

2010-2014: REGIONAL JOINT DOCTORAL PROGRAMME IN ENTREPRENEURSHIP AND SME MANAGEMENT FOR WESTERN BALKAN COUNTRIES – DOCSMES, TEMPUS IV (third call for proposals EACEA N. 28/2009), project code: N. 510993-TEMPUS-1-2010-1-IT-TEMPUS-JPCR, 15/10/2010 – 14/07/2014, UNIBO project coordinator. This project aims to develop and implement a Joint Doctoral Programme in Entrepreneurship and SME Management as a third cycle at Western Balkan (WB) universities. This Project is among the first programmes organized as a 3rd cycle in accordance with Bologna Process documents and key EHEA/ERA goals and it is a new way of gaining doctoral degree in co-beneficiaries from WB. The main aim of this Doctoral Programme is to increase the level of scientific approach and entrepreneurial culture in WB countries, leading to the enhanced connectivity with the labour market. The Programme is emphasized the importance of the research and its link with the higher education on the doctoral level through stakeholders’ involvement in curriculum development and in supporting the research activities. Doctoral programme is started as a Joint multi-degree programme of five universities from FYROM (Former Yugoslav Republic of Macedonia, Albania and Republic of Kosovo. Representatives of the academic staff from all co-beneficiaries from WB are involved in all activities of the project and also, in implementation of the Programme. The opportunity to have short study visits to EU Universities is provived to several doctoral students. Representatives of the Administrative staff from all WB have been trained and prepared for administrative logistics of doctoral programmes, meanwhile technical capacities of the WB co-beneficiaries will be established, improved and upgraded. The Quality assurance standards for doctoral Programme, as well as of the entire Project, will be established. Dissemination activities and conferences together with the web site of the Programme will contribute for many universities not included in the project to become more familiar with this new approach. Implementation of a Distance Learning mode as a cost effective way of offering lectures and the establishment of a Body for communication among Universities and business community on permanent basis, will ensure the sustainability of this programme.

For undergraduate students, the topics of sustainability and business ethic are mainly included within the several courses offered for each academic discipline. The methodological approach adopted by the Department is an interdisciplinary one, therefore to comprise sustainability and business ethic issues in most of the undergraduate courses.

Achievements Research Development in the Field of Corporate Responsibility and Sustainability

The Department of Management is involved in the activity of the Philanthropy and Research Center at the University of Bologna ( The Center has been designing and developing a series of awareness-raising initiatives concerning corporate social responsibility and sustainability, especially focusing on the importance of the OECD guidelines[] and addressed to Italian companies. This effort was supported by, and carried on in behalf of the Italian Ministry of the Economic Development – National Contact Point for the spreading of the OECD Guidelines.
The Center has been organizing over 100 seminars in 5 years, with the main goal of educating and informing a great audience of corporate representatives on the importance of a wide range of CSR themes, such as:
o The successful application of socially responsible principles to the company’s operations in order to assure long-term prosperity;

o Corporate citizenship and good reputation;

o Stakeholder engagement, also through sustainability reporting;

o Management of social and environmental impacts.

In a time frame of 5 years, the Center yielded more than 100 seminars,.
The research activity mostly investigated the degree of adoption of responsible behaviors by companies and other actors, so to define a sustainability road map and enhance the diffusion of sustainable best practices:
- La leva competitiva della responsabilità sociale nelle piccole e medie imprese (The competitive incentive of the social responsibility in the small medium enterprises) []: investigates how socially responsible SMEs achieve greater results and prosper in the long term because of their sustainable behavior, and what are the best practices that can be adopted by similar businesses;
- Indagine sul distretto della ceramica modenese (Survey on the ceramic district in Modena area) []: analyses how CSR can act as a competitive impulse for the companies belonging to the ceramic district of Modena;
- Le linee guida OCSE: valore per i territori, le imprese e la pubblica amministrazione (OECD Guidelines: value for the local territories, the enterprises and the public administration) []: features the analysis of achieved results in terms of awareness-raising seminars and other activities connected with the spreading of the OECD guidelines.
In terms of academic research the activity of the faculty members of the Department of Management has been focused both on sustainability issues and CSR measurement methodologies.

With regard to sustainability the publications are hereunder listed:

Barbiroli G. & Focacci A. (1999), An appropriate mechanism of fuels pricing for sustainable development, Energy Policy, 27, 625-636.

Barbiroli G. & Focacci A. (2001), An ores pricing mechanism for promoting sustainable development, The International Journal of Sustainable Development and World Ecology, 8, 309-322.

Focacci A. (2003), Empirical evidence in the analysis of the environmental and energy policies of a series of industrialized nations, during the period 1960-1997, using widely-employed macroeconomics indicators, Energy Policy, 31, 333-352.
Focacci A (2005), Empirical analysis of the environmental and energy policies in some developing countries. The cases of Brazil, China and India, Energy Policy, 33, 543-554.

Focacci A. & Bortot P. (2005), The status and the actions to implement the Kyoto Protocol in Italy: problems and perspectives, International Journal of Global Energy Issues, 23, 337-353.

Focacci A. (2005), Empirical relationship between total consumption-GDP ratio and per capita income for different metals of a series of industrialized nations, International Journal of Environmental Technology and Management, 4, 347-377.

Longo M., Mura M. & Bonoli A. (2005), Corporate Social Responsibility and Corporate Performance: the Case of Italian SMEs, Corporate Governance: The International Journal of Business in Society, 5, 28-42.

Focacci A (2007), Empirical analysis of the relationship between total consumption-GDP ratio and per capita income for different metals. The cases of: Brazil, China and India, International Journal of Social Economics, 34, 612-636.

Petracci, B. (2007), Informativa societaria e abusi di mercato, Carocci Editore.

Mura M. & Longo M. (2008), Stakeholder Management and Human Resources. Development and Implementation of a Performance Management System, Corporate Governance: The International Journal of Business in Society, 8, 191-213.

Focacci A. (2009), Residential plants investment appraisal subsequent to the new supporting photovoltaic economic mechanism in Italy, Renewable and Sustainable Energy Reviews, 13, 2710-2715.

Bigelli, M., Mehrotra, V. and Rau, R. (2011), Why are shareholders not paid to give up their voting privileges? Unique evidence from Italy, Journal of Corporate Finance 17, 1619-1635.

Bigelli, M. and Mengoli, S. (2011), Self-expropriations versus self-interests in dual class voting”, Financial Management 40, 677-699.

Focacci A. (2011), Corporate social responsibility performance assessment by using a linear combination of key indicators, International Journal of Business Governance and Ethics, 6, 183-202.

Cervellati E.M. & Shefrin H. (2011), BP’s Failure to Debias: Underscoring the Importance of Behavioral Corporate Finance, Quarterly Journal of Finance, 1, 127-168.

Baraldi M. & White A. (2012), Reinventing the Corporation, State of the World 2012. Moving toward sustainable prosperity, Island Press.

Torluccio G. (2012), Economics, Social Responsibility and Consumers: The Ethical Perception, LAP LAMBERT Academic Publishing.

Petracci B. (2013), Il nuovo paradigma della finanza etica, working paper.

Petracci, B. & Rammal, H. (2013), Islamic Banking: Why not in Italy?, working paper.

Concerning research Projects, the main ones are:

2002-2005: "E-qual Observatory on Social Economics". The project represented one important portion of the main E-Qual project that EU financed to the Province of Rimini (Italy). The project proposed a careful analysis of demand and offer of labor especially for disadvantaged subjects, in order to create, in the three years project, new labor opportunities, even the ad-hoc constitution of new business, for those subjects with different abilities throughout the area of the Province of Rimini. The project was initiated at the beginning of July 2002; afterwards various factors of Civil Economics sector in the Province of Rimini were analyzed, among which: the social cooperatives, the Volunteer associations, the foundations, even some Italian and international best practice businesses.

2004: “The analysis of businesses which are part of the Civil Economics as an open category: mission, governance and accountability”. The project had the aim of analyzing, from the viewpoint of theory and empiricism, the businesses that take part in “Civil Economics”, both private and public businesses, singling out the characteristics of what makes a business so, wherever necessary, and focusing their specific characteristics in defining objectives, in the methods of governing as well as in the methods of external accounting. Such an economic “category”, as things stand at the moment, included two great types of business: the NPO (non profit-making organisation) and those businesses that participate in the Economy of Sharing in Freedom, characterised by being profit-making companies, numbering approximately 750 throughout the whole world.

2004: “The passage from objective ethics to strategic ethics: the role of accountability”. The aim of the project was to reflect upon the passage from objective ethics to strategic ethics. Such a passage was analyzed using theoretical and empirical investigation. Theoretical investigation included searching through national and international business literature in order to understand if this type of passage was considered a necessity and, also, to what extent was this phenomenon displayed. Field analysis, aimed at verifying the existence of such issues, especially in reference to the role of accountability in the business. The theoretical and empirical analyses were directed towards verifying the consequences of such behavior on the accounting instruments, whether compulsory or voluntary, in the various stages necessary to plan them, not forgetting the important passage that is taking place in the acknowledgement of international accounting principles as guide for preparing summary accounting records.

2005-2007: “Research on the implementation of social responsibility in Civil Economics businesses”. The aim of the project consisted in analyzing the degree to which social responsibility has been put into operation in Italian businesses. The research work was carried out, from a theoretical and empirical point of view, upon methodologies through which social responsibility is weaved into: the definition of aims and objectives, the methods of governing and of external accounting prevalently in the profit-making businesses, but also in the NPOs. Those connections were then analyzed to investigate how this leaded to eventual changes in the strategic procedure of businesses. Theoretical and empirical analyses were aimed at verifying the consequences of such processes upon accounting instruments, whether they were obligatory or voluntary, in the various stages necessary to plan them; in this frame the acknowledgement of international accounting principles, as guide for preparing summary accounting records, should never be forgotten. The research also foresees a parallel analysis of how the Libro Verde (Green Paper) is put into action in businesses that already belong to a “socially responsible” project, like those ones that take part in the Economy of Sharing. In the future, the project, with its aims thus formulated, looks to involve other European and American universities, in order to compare the strategic implementation of social responsibility in different business sectors and cultures.

2005-2006: “Social responsibility and Church Social Doctrine in defining business mission, governance and accountability”. This research came out from the need, according to a theoretical and empirical point of view, to deepen the relationship that exists between social responsibility and Church Social Doctrine, starting from the Catholic Church. In fact we are rediscovering the importance that business wields while leaning upon an ethical basis. Aims of this project included the analysis on how the relationship between Social responsibility and Church Social Doctrine influenced the definition of business aims, the practice of government and the practice of accounting/ external communication. The analysis general method consisted in a theoretical recognition of theory and statistical analyses using questionnaires, interviews, business visits, etc. roundtable discussions, meetings and debates.

2006-2008: “Degree of application of corporate social responsibility in the Rimini area”. The research methodology is based on research cases, questionnaires, and content analysis. This research was supported by the Chamber of Commerce of Rimini.

2007-2008: Research and teaching cases of application of Business ethics practices. Among them the case of Loppiano Prima, a cooperative located near Florence (Italy)-Incisa Valdarno. This research had the objective to study how this entity responded to solve some ethical dilemmas in its process of decision-making using an orientation model deriving from the Charisma of Unity. This research involved several European and American universities.

2007-2008: Research about sustainability of tourist entities starting from the social and environmental accounting point of view. This research focused on the study of responsible and sustainable tourism in Arab Countries. The objective was to explore new accounting and measurement tools that will be able to involve sustainability issues.

2006-2009: "Accountability models of private foundations". The objective was to develop national and international analysis about the literature and the best practices of private foundations' accountability. The project is involving the University of Zagreb (Croatia) and the Centre for Social and Environmental Accounting Research-School of Management, Gateway Building-University of St Andrews, Scotland.

2008-2010 European Commission – DG Enterprise & Industry, Grant Work Programme 2008 (ENT/CIP/08/E/N04S00): “BRC – Building Responsible Competitiveness” Grant nr. SI2.ACGRACE020970800. An 18 months project that explored the relationship between corporate social responsibility practices and company competitiveness in the European construction sector. Partners of the project were: the University of Bologna, the association Impronta Etica (Italy), the non-profit organization Nuova Quasco (Italy), the International Business Company ResPortugal (Portugal), the association Követ (Hungary), the platform for CSR Respact (Austria), the non-profit association Forética (Spain), the network CSR Europe (Belgium).

2009: "Stakeholder Theory, corporate social responsibility and Reputation”. The objective of this research was to analyze the relationships among these three research areas and to define some reputation measurement tools using the RQ (Reputation Quotient) index. This research is based on deductive method and inductive too. The case involved the Consorzio Piccoli Alberghi di Qualità of Rimini (Consortium of Small Quality Hotels in Rimini) - Italy.
Other projects started in 2009:
Investigating the issue of 'sustainability reporting' with reference to local governments. Methodology used: survey, case studies, content analysis; outputs: several papers published in national and international journals; one Italian monograph; several book chapters in Italian books.
Investigating the issue of 'sustainability reporting' with reference to state universities. Methodology used: case studies, documentary analysis, and content analysis; outputs: several papers published in national and international journals.
Investigating the issue of 'sustainability reporting' with reference to bank foundations. Methodology used: survey; outputs: one paper published in an Italian journal.
Investigating the issue of 'sustainability reporting' with reference to not for profit organizations. Methodology used: literature review; case studies; outputs: three papers published in national journals.
Investigating the issue of 'sustainability planning' with reference to local governments. Methodology used: content analysis; outputs: one paper published in a national journal and one published in an international journal.

2011-2012: “Civil Economy and Social and environmental accounting”. The research had the objective to study the impact of Philosophy and economic theories on social accounting. Empirical analysis is involving cases, such as: Consorzio Piccoli Alberghi di Qualità di Rimini (Consortium of Small Quality Hotels in Rimini) and Economy of Communione enterprises.

2011-2012: "Governance of Ideal motivated organizations that take part in a network". This research had the objective to define a set of organizational, measurement and accountability criticalities for a number of enterprises. This research was developing along with money sustain and collaboration of Mosaic Consortium of Rimini-Italy.

2011-2012: Research on the organizational impact of sustainability report making process of public utilities enterprises in Italy and Bulgaria. This research involved the analysis of national and international literature and the case study of SGR (Rimini Gas Society) and City Gas-Bulgaria. The University of Urbino and the New Bulgarian University were involved.

2011-2012: Research about the institutional process of S. Joseph Foundation for maternity and children using the “Pink accounting” orientation. Analysis of bookkeeping and financial reporting data and women's role in the first years of activities of this organization that in 2010 celebrated 100 years of activities.

2011-2012: Research about social, ethical and sustainable accounting and reporting of Credit cooperative banks. This research had the objective to analyze the criticalities of the social accounting process using national and international literature review and using one case: the Rimini Bank, in which to apply one model that can be able to consider both tradition and innovation.

2013: A faculty member of the School of Management – University of Bologna is visiting scholar at Bentley University, Center for Business Ethics, developing a research project on Sustainability and Business Ethics.

2013: Several faculty members are involved in a large European consortium of private and public research institutions and firms which is working to create a network aimed to facilitate the development of healthy and appealing food for a growing world population in a competitive and sustainable way.

2013-2015: CASCADE — Collaborative Action towards Societal Challenges through Awareness, Development, and Education, FP7-INCO-2013-1, Project Number 609562, 1/10/13- 28/02/2015, UNIBO project partner. Focused on the South-East Asia to promote the regional coordination for a cooperation in the frame of Science &Technology (S&T). The specific objectives are: elaboration of a frame about the state of art in the area outlining the challenges and opportunities of the region; mapping and creating a database of the national and regional stakeholders, improving the competencies in the research field related to research and innovation.

2012-2014: Research about the spreading of social and environmental accounting and accountability in SMEs of Rimini Territory: “VERSO Project”. The research will study the implementation of some simplified Social and environmental reporting models, that can be useful for SMES. The research involves the Chamber of Commerce of Rimini, Accounting Professions' Board and Children of the world association.

2014: “Rural Policy Learning Commons: Building Rural Policy through International Comparative Analysis - Innovation, Leadership and Prosperity. Northern Communities: Towards Social and Economic Prosperity”, in partnership with Brandon University, Canada. The goal of this project is to enhance Canadian prosperity by identifying and analyzing policy options relevant to rural and northern places, evaluating these options in the context of national and international policy innovations, and building leadership capacity among rural and northern researchers, policy-makers, and practitioners from America (USA, Canada and Mexico) and Europe.
We would be glad to share the details of all the highlighted initiatives, including course syllabi, research findings and the list of publications with the other Business Schools actively involved in promoting and developing PRME.

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