New Business History Findings from University of Naples Federico II Reported [Marine Insurance Firms, Business Networks, and the Modernisation of the Financial Sector In Southern Italy (1820-1900)]: Business – Business History

2023 NOV 16 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- Current study results on Business - Business History have been published. According to news reporting originating in Naples, Italy, by NewsRx journalists, research stated, “In this article, we study the trajectories of marine insurance companies within the Naples business network over the nineteenth century in connection with the business interests of local elites.”

Financial support for this research came from The authors warmly thank Francesca Caiazzo and Roberto Rondinelli for their kind availability and assistance with data retrieving and checking. Comments by anonymous referees have greatly improved the quality of the paper. All remaining errors are our own..

The news reporters obtained a quote from the research from the University of Naples Federico II, “First, we provide a detailed reconstruction of the marine insurance sector during the century, filling a gap in the literature. Second, backed by original historical and prosopographical reconstructions, the business network evolution of interlocking directorates shows how the shift of the local business system from the centrality of marine insurance companies towards banks is related to the strategic behaviours of local elites, aimed at preserving their power after the Italian unification.”

According to the news reporters, the research concluded: “This interpretative perspective demonstrates the coherence of our findings with the ‘passive modernisation’ hypothesis in the Southern financial system.”

This research has been peer-reviewed.

For more information on this research see: Marine Insurance Firms, Business Networks, and the Modernisation of the Financial Sector In Southern Italy (1820-1900). Business History, 2023. Business History can be contacted at: Routledge Journals, Taylor & Francis Ltd, 2-4 Park Square, Milton Park, Abingdon OX14 4RN, Oxon, England.

Our news correspondents report that additional information may be obtained by contacting Maria Carmela Schisani, University of Naples Federico II, Dept. of Economics and Statistics, Naples, Italy.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1080/00076791.2023.2267003. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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