Visualizza il profilo completo di Emanuele Teti. È gratis! I tuoi colleghi, compagni di studi e oltre milioni di professionisti sono iscritti a LinkedIn. Visualizza il. Emanuele Teti. Bocconi University Milan. Verified email at Corporate E Teti, F Perrini, L Tirapelle. Journal of Management Development 33 (10). Emanuele Teti, Bocconi University, Finance Department, Department Member. Studies Cultural Heritage Management, Cultural Policy, and.

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European Journal of International Management 7 3, It sounds incredible, but it actually happens in the film industry. This situation makes it possible to further reduce risk for the same return or increase return for the same risk through an optimization process first based on the diversified selection of underlying factors rather than asset selection. The European Economic Association, on December 6 and 7, will hold the first edition of the job market for young economists searching for a job in academia, central boccohi and private institutions.

Journal of Business Economics and Management 15 4, Email address for updates.

Emanuele Teti

Why then has Hollywood expanded so much over the last decades, in spite of the high variance that makes the movie industry so unpredictable? Starting from a sample of 4, movies shown in US cinemas from toI performed econometric testing on a dataset of 1, films, which excludes the numerous outliers which would have caused biased estimates.

New articles related to this author’s research. International business travelers is another way of saying managers who frequently have to travel abroad for their work. To develop genuine trust between companies and their employees, transparency, personal growth, the boccoin of the work environment and company benefits, worktime flexibility, and the sharing of objectives tetii all crucial.

The answer lies in the fact that Hollywood Majors have been able to differentiate their products, by making very different, in terms of cost and content, productions co-exist. The system can’t perform the operation now. The glamor surrounding the film industry fades away fast, if you are in the position of being a manager who has to decide in which movies to invest.


Journal of Management Development 33 10, The novelty of the work is represented enanuele the reti of the key explanatory factors for each of the 9, historical series examined. Effectiveness of employee welfare schemes: Andriotto and Teti have observed that in the light of the factorial analysis, many investors hold portfolios that are not emamuele diversified.

Emanuele Teti – Google Scholar Citations

Investment Management and Financial Innovations 9 3, In fact, from the factorial perspective, the market could be explained as the biggest portfolio that could be built, in which all the existing factors join and diversify. Market value and corporate debt: Different scholars have tried to improve the CAPM considering that equity returns are affected by a variety of factors.

It must be stressed that, although some factors have high recurrence, the level of diversification is not always optimal. However, in relative terms, as expressed by dispersion diagrams, there is a random causal relationship between production costs and actual returns the latter expressed as the difference between box office revenues and production costs and production costs themselves. In practical terms, this means that the average revenues of a movie company are not predictors of future revenues coming from new productions.

In particular, analysing the historical series of more thanfactors macroeconomic, market indexes, prices etc. Marco Percoco is the new director. This “Cited by” count includes citations to the following articles in Teri.

Institutions, power, and coordination across stakeholders. The Capital Asset Pricing Model CAPM still represents the reference model to assess the risk and return trade-off of an asset, due to its simplicity and its explicatory strength. The only problem with this is that neither 20th Century Fox nor any other operator in the industry would have been able to predict that the movie by James Cameron with Leonardo Di Caprio would become a blockbuster.


Paradoxically, 20th Boccoji Fox would have still been profitable in with Titanic only, even if all its other movies had been gocconi box office flops. If you continue navigating on the site, please expressly accept the uses of these cookies.

As a result, the factorial model does not exclude the CAPM, quite the opposite it could be a key contribution for asset pricing and asset allocation theories. Competitive strategies and value creation: Top corporate brands and the global structure of country brand positioning: If diversification were perfect, the market explanatory factors should be the same as those explaining all other bocconni, then the market return could be – as defined by the CAPM – the unique key variable, being a proxy of all the other underlying factors.

An offer they couldn’t refuse but probably should have: An example can speak better than a thousand emanuelf The dark side of the movie. Avatar in the 00s or E.

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New citations to this author. Furthermore, in line with results of other researchers, they state that the key factors are the macroeconomic ones. International Journal of Entrepreneurship 17, 99 Journal of Management Development 34 9, The difficult balance between risk and return E Teti Management Decision 51 4, Their combined citations are counted only for the first article.