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The Italian Bus Transportation Sector: The Management of Environmental Risks as a Factor for Achieving a Business Sustainability

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The Future of Risk Management, Volume I

Abstract

This study investigates public and private transportation firms from a managerial perspective of the environmental risk. Carbon footprint measures the level of energy efficiency and it shows how much a firm is working to improve its results. In order to assess the profitability efficiency, we rely on an input-oriented Slack Based (SBM) Data Envelopment Analysis (DEA) model. The results demonstrate that no significant between public or private for all the efficiencies dimension. This is due may to the fact that public enterprises do not invest a lot as well as to lack of public governance and lack of money, while the private companies’ save costs in order to achieve a certain level of profitability for their investors.

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Notes

  1. 1.

    https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2011:0144:FIN:en:PDF.

  2. 2.

    https://ec.europa.eu/transport/facts-fundings/statistics/pocketbook-2017_en.

  3. 3.

    Law n. 59 of 1997 published in G.U. n. 63 of 1997.

  4. 4.

    Legislative decree n. 422 of 1997 published in G.U. n. 287 of 1997.

  5. 5.

    Legislative decree n. 400 of 1999 published in G.U. n. 259 of 1999. With this legislative decree modification to text of the previous decree n. 422 of 1997 were introduced.

  6. 6.

    Regulation (EC) n. 1370/2007 published in the Official Journal of the European Union L. 315 of 2017. This Regulation was after amended by Regulation (EC) 2016/2338.

  7. 7.

    Law n. 99 of 2009 published in G.U. n. 176 of 2009.

  8. 8.

    Decree Law n. 138 of 2011 published in G.U. n. 216 of 2011.

  9. 9.

    Decree Law n. 201 of 2011 published in G.U. n. 300 of 2011.

  10. 10.

    Law n. 179 of 2012 published in G.U. n. 294 of 2012.

  11. 11.

    Law n. 208 of 2012 published in G.U. n. 302 of 2012.

  12. 12.

    Law n. 147 of 2013 published in G.U. n. 302 of 2013.

  13. 13.

    Decree Law n. 50 of 2017 published in G.U. n. 144 of 2017.

  14. 14.

    Law n. 208 of 2015 published in G.U. n. 302 of 2015. With Decree Law n. 50/2017, some modifications to text of the Law were introduced.

  15. 15.

    Legislative Decree n. 257 of 2016 published in G.U. n. 10 of 2017.

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Authors and Affiliations

  1. Department of Management, University of Torino, Turin, Italy

    Simona Alfiero, Valter Cantino, Gianluca Capecci & Alfredo Esposito

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  1. Simona Alfiero
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  2. Valter Cantino
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  3. Gianluca Capecci
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  4. Alfredo Esposito
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Correspondence to Simona Alfiero .

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Editors and Affiliations

  1. Department of Management, University of Turin, Turin, Italy

    Paola De Vincentiis

  2. Department of Management, University of Turin, Turin, Italy

    Francesca Culasso

  3. Department of Management, University of Turin, Turin, Italy

    Stefano A. Cerrato

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Alfiero, S., Cantino, V., Capecci, G., Esposito, A. (2019). The Italian Bus Transportation Sector: The Management of Environmental Risks as a Factor for Achieving a Business Sustainability. In: De Vincentiis, P., Culasso, F., Cerrato, S.A. (eds) The Future of Risk Management, Volume I. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-14548-4_1

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