Article ID: CBB733825944

Reassessing the Italian “Economic Miracle”: Law, Firms’ Governance, and Management, 1950–1973 (Summer 2018)

unapi

This article revisits and reassesses the evolution of Italian capitalism during the so called “economic miracle” (1950–1973). Using original sources, it analyzes how the average small, private firm, representing the vast majority of Italian businesses at the time, struggled to fully develop, grow, and modernize. The paper identifies the main source of the problem in a set of inefficient (or poorly-enforced) laws and regulations that allowed firms to remain competitive, and business owners to extract resources out of them, using a wide variety of border-line strategies. This article also claims that accountants (commercialisti) had a key role in implementing these strategies.

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Citation URI
https://data.isiscb.org/isis/citation/CBB733825944/

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Authors & Contributors
Jones, Geoffrey
Spadavecchia, Anna
Muhammad H. Zaman
Stadler, Christian
Davis, Joshua Clark
Whittington, Richard
Concepts
Business history
Business enterprises
Capitalism
Management; administration
Entrepreneurs and entrepreneurship
Business and Politics
Time Periods
20th century
19th century
21st century
Renaissance
Places
United States
Italy
Southern states (U.S.)
Atlantic Ocean
Florence (Italy)
Turkey
Institutions
Koninklijke Nederlandsche Petroleum Maatschappij (Royal Dutch-Shell - firm)
Cipla (firm)
United States. Department of Agriculture
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