Open AccessLinking Financial Statement Valuations to the Nature of Azienda: The Theorization by Egidio Giannessi
Author(s) -
Enrico Gonnella,
Lucia Talarico
Publication year - 2018
Publication title -
international journal of accounting and financial reporting
Language(s) - English
Resource type - Journals
ISSN - 2162-3082
DOI - 10.5296/ijafr.v8i4.13961
Subject(s) - novelty , valuation (finance) , originality , financial statement , epistemology , accounting , positive economics , business , sociology , psychology , economics , qualitative research , social science , social psychology , philosophy , audit
This paper focuses on the contribution given by Egidio Giannessi (1908-1982), the founder of the Pisa University’s business school, to Italian studies in Economia Aziendale. In order to better understand his scientific profile and highlight the novelty of his thought, we have set the scholar in the scientific school of which he was one of the most prominent members, the Tuscan School of Economia Aziendale. Our study has mainly looked at two fundamental contributions of his scientific production: the general theory of azienda and the theory of financial valuation, two strictly interrelated scientific constructs where, more specifically, the latter is a consequence of the former. In the authors’ opinion, it is exactly the originality of the conception of azienda formulated by Giannessi that helps understand his theory of financial valuation.