Papers by Vincenzo Basile
Quality & Quantity, 2025
This study examines the influence of board characteristics, including diversity, independence, bo... more This study examines the influence of board characteristics, including diversity, independence, board size, diligence, and board experience, on the environmental, social, and governance (ESG) performance of European banks. Data were collected for 472 European banks between the years 2017-2020. The set of explanatory variables consisted of corporate governance features labelled as best practices in the literature. Our study provides new understanding and insights into the importance of governance features on ESG performance. Our findings overall indicate that banks' ESG score is associated with gender diversity, independent directors, board diligence and Corporate Social Responsibility (CSR) committee. Based on this study, shareholders and policymakers will have a deeper knowledge of the significant roles that some board characteristics play as determinants of ESG performance in the banking system. To the best of our knowledge, most of the studies on the environmental theme are focused on the business world; our study intends to fill this further gap in the literature by focusing on the banking system. Indeed, our focus on the banking industry allows for a more homogeneous reference population and is important because banks, in transferring substantial funds, represent one of the main economic drivers that can enhance the transition towards a more sustainable economy. Our research contributes to the strand of literature focusing on ESG disclosure of European banks and the relationship with performance measures to help in closing the gap identified in previous research, mainly focusing on the business world.
The International Journal of Management Education, 2025
ChatGPT represents a state-of-the-art progression in artificial intelligence (AI)-enabled technol... more ChatGPT represents a state-of-the-art progression in artificial intelligence (AI)-enabled technology, used extensively in various sectors to make human lives easier and more convenient. It may provide additional assistance with different pedagogical methods. This research examines the effectiveness of integrating ChatGPT as an educational resource in student learning. A total of 505 responses were collected from university students located in Malaysia. The data were processed in SmartPLS 4.0 using the partial least squares with structural equation modelling technique. Findings reveal that tech competency has a positive impact on ChatGPT literacy and transparency; however, it has no significant impact on the adoption of ChatGPT. Additionally, ChatGPT's literacy and transparency have a significant impact on its adoption. Transparency acts as a mediator in the relationship between tech competency and ChatGPT adoption. On the other hand, ChatGPT literacy does not mediate the influence of tech competency on the adoption of ChatGPT. The impact of user innovativeness acts as a moderator on the influence of tech competency on ChatGPT literacy, transparency, and its adoption for learners' effectiveness. These results are informative for educational stakeholders who aim to enhance instructional design and refine the quality of learners' educational experiences by revealing the impact and prospects of ChatGPT as an educational tool. These findings enable improved decision-making and the design of more effective technology-enhanced educational interventions.
Expert Systems with Applications, 2025
It employs sparse machine learning models, including Lasso regression and Elastic Net regression,... more It employs sparse machine learning models, including Lasso regression and Elastic Net regression, to assess the influence of economic policy uncertainty on S&P 500 index volatility, while also comparing out-of-sample predictions with various autoregressive models. The empirical findings indicate that: 1) the predictive efficacy of the sparse machine learning model surpasses that of the autoregressive model overall; 2) in periods of abnormal market volatility, the AR family model is susceptible to extreme values, whereas the predictive outcomes of the Lasso family model exhibit greater robustness; 3) the model confidence set (MCS) test results further substantiate the predictive superiority of the Lasso model following the inclusion of the uncertainty index. This discovery offers a novel approach to enhancing the precision of stock market volatility forecasting, holding significant reference value for policymakers and market stakeholders.
Journal of Fashion Marketing and Management: An International Journa, 2025
Purpose-The consumption of luxury goods and services is taking new directions. Luxury marketing a... more Purpose-The consumption of luxury goods and services is taking new directions. Luxury marketing academics have been discussing this change in the concept of luxury for a while now and the coronavirus pandemic has brought additional strength to it. The new concept we are referring to is an unconventional luxury, a definition that changes the way luxury is consumed as it strongly emphasises luxury as a hedonic and personalised experience, whose symbolism is private and determined by the customer. Given this paradigm shift, luxury brands must adapt to maintain their relevance in the market. Design/methodology/approach-Our investigation quantitatively explores the relevance of the servicedominant logic, through value co-creation (VCC), as an approach to increase the perceived luxury value of a brand and, simultaneously, the impact of this approach on luxury brand attitude and brand desire. Findings-The results indicate that VCC positively influences individual perceptions of luxury. Similarly, it strengthens the customer's attitude towards the luxury brand and brand desire through the mediating effect of individual luxury value perceptions. Originality/value-Luxury brands' social media and gender work as moderators of the hypothesised relationships. The results also corroborate the idea that unconventional luxury is within the reach of many.
EuroMed Journal of Business, 2025
Purpose-This study aims to enhance our understanding of customer expectations and experiences in ... more Purpose-This study aims to enhance our understanding of customer expectations and experiences in grocery shopping within the metaverse. It investigates factors influencing customer satisfaction and driving continued engagement with metaverse platforms, offering insights into the drivers of customer adoption and barriers to usage. Design/methodology/approach-Adopting a qualitative netnographic approach, this study analysed customer reactions to Walmart's virtual store demonstration. Data were collected from user comments on YouTube, TikTok, Twitter and Reddit. Thematic analysis was employed to identify key factors contributing to satisfaction and dissatisfaction with metaverse grocery shopping experiences. Findings-The study reveals three major drivers shaping customer satisfaction and subsequent positive intentions toward grocery shopping in the metaverse: social, functional and hedonic stimuli. Eight critical barriers affecting the metaverse shopping experience are identified: functional, hedonic, social, financial, privacy, safety, ownership and store atmospherics concerns, including tactile, acoustic and visual elements. Research limitations/implications-The findings are derived from a qualitative analysis of customer comments on social media platforms, which may limit generalisability. Future studies could adopt a mixedmethods approach to validate these findings across broader datasets. Originality/value-This work is the first research to examine customer satisfaction with grocery shopping in the metaverse. It offers valuable insights into customer expectations, adoption drivers and critical barriers, laying the groundwork for further exploration of metaverse applications in retail.
In recent years, exploring business models (BMs) within the circular bioeconomy (CBE) framework h... more In recent years, exploring business models (BMs) within the circular bioeconomy (CBE) framework has gained increasing prominence in academic discussions, driving transformation across various industries. This research focuses on the textile-fashion (T-F) industry, a sector with significant environmental impact, to examine how innovative BMs can enhance sustainability. By aligning with circular economy (CE) principles-emphasizing resource efficiency, waste reduction, and sustainable development-and leveraging the pathways of CBE, pathways that prioritize renewable biological resources such as plants, animals, and microorganisms, the study explores the potential of green circular business models (GCBMs). Using a qualitative research approach, we review key studies on BMs to assess their alignment with the CBE vision and identify models suitable for implementation. Additionally, we propose and refine a conceptual managerial model through case study analysis within the T-F industry, offering actionable insights for industry stakeholders. This study contributes to BMs research highlighting a significant role for innovative BMs in driving sustainable practices, particularly through the adoption of green circular business models (GCBMs) that align with the green and circular principles. The findings underscore the role of CBE-aligned BMs in fostering competitive advantage, promoting responsible industry practices, and advancing global sustainability goals. This research provides a practical guide for managers and industry leaders seeking to embed circularity and sustainability into their strategies within the CBE framework.
Given the rise of digital technologies, brands must retain complete control and accountability fo... more Given the rise of digital technologies, brands must retain complete control and accountability for user content creation and diffusion. This paper investigates the influence of user-generated content on multiple luxury consumers' value perceptions that arise within brand communities. A type of non-participatory netnography is performed on three fashion brand communities to analyze the content published by community members non-intrusively. Findings show that brand-related content allows users to share their perceived experiential benefits with their networks, ultimately reinforcing the brand's experiential and symbolic dimensions. Moreover, user content influences one's perception of value and attitude. However, if the sense of social homophily and membership is evident, diminishing a brand's perceived value through brand dilution is unlikely. While previous studies revising the outcomes of online exposure for luxury firms have primarily focused on firm-controlled messages, this investigation acknowledges the importance of brand communities in creating and spreading brand-related content and their effect on luxury appeals. This study appears timely as the digital era empowers consumers to be proactive in Value Co-Creation dynamics and freely define the meaning of inclusivity in exclusive luxury.
Scientific Reports, 2024
The creation of sustainable urban communities is contingent upon the establishment of a sustainab... more The creation of sustainable urban communities is contingent upon the establishment of a sustainable, efficient, and fast transportation system. Bicycle sharing systems (BSS) are one of the most sustainable and inclusive ways of transportation in cities. An important question is how to increase BSS ridership and whether it can effectively replace cars in cities, hence contributing to achieving the 11th Sustainable Development Goal and creating sustainable urban communities. This paper aims to contribute to this stream of research by investigating the effect of fuel prices on BSS ridership. We exploit a natural experiment from Budapest, Hungary, where fuel prices were capped between November 15, 2021, and December 6, 2022. Once the price cap was suddenly eliminated, fuel prices increased by around one-third immediately leading to a very substantial and rarely observable one-time price increase. The difference-in-difference regression results indicate a 2–6% increase in BSS ridership after the elimination of the fuel price cap. The geographical pattern of the change shows that BSS usage mainly increased in the outer part of the city; however, some areas observed a decline. The regression results are also reinforced by survey findings. Understanding these dynamics is crucial for effective urban planning and transportation policymaking.
Global Journal of Flexible Systems Management, 2024
Circularity has emerged as a pivotal concept in the realm of sustainable resource management and ... more Circularity has emerged as a pivotal concept in the realm of sustainable resource management and business operations. Resource exhaustion and environmental degradation propelled by globalization and the culture of consumerism have intensified the focus on the concept of the circular economy around the world. Nevertheless, the evaluation and quantification of circularity achievements remain uncommon in corporate practices. This article employs a systematic literature review to delve into circularity measurements in the managerial life cycle. Key approaches emerging from the academic literature are examined, including life cycle costing, life cycle assessment, life cycle cost-benefit, life cycle benefit analysis, and life cycle sustainability assessment. The review seeks to offer a comprehensive overview of the methodologies employed to assess circularity in corporate processes, highlighting current challenges and opportunities for effective implementation. We adopt a conceptual model of sustainable and circular life cycle management based on specific performance indicators that allow the environmental, social, and economic impact of processes to be assessed throughout the life cycle of products or services. The implementation of Sustainable and Circular Life Cycle Management from a managerial perspective could support firms to eradicate and quantify waste, preserve the inherent value of products and materials, encourage the adoption of renewable energies, and eliminate harmful chemicals.
Journal of Retailing and Consumer Services, 2024
By integrating virtual elements into our real-world perceptions, augmented reality (AR) provides ... more By integrating virtual elements into our real-world perceptions, augmented reality (AR) provides numerous opportunities across fields, including marketing, tourism, and gaming. However, despite increasing attention, a motivational approach to why people use AR apps for shopping has often been overlooked in both scholarly and practical arenas. Utilizing self-determination theory, through an in-depth thematic analysis of 302 consumer interactions, we identify four key modes of AR usage in retail: informational, social, experiential, and inspirational. These categories are further condensed into intrinsic and extrinsic motivations in the theoretical framework. The findings of this study contribute to AR theoretical frameworks in marketing by delineating specific consumer usage modes and offer actionable strategies for businesses to effectively implement AR technologies, particularly in enriching consumer interactions and driving retail innovation.
Socio-Economic Planning Sciences Volume, 2024
Managing a scientific journal is a critical and challenging service for academics and practitione... more Managing a scientific journal is a critical and challenging service for academics and practitioners. There must be a way for journal editors to gain a clear picture of their publication's performance and gain insight into how they can make improvements to expand the journal's impact. Knowing the journal's performance and its leading contribution to a particular field can be useful for journal managers readers, authors, and science policymakers. This article presents a management framework informed by scientometrics and bibliometrics as a science that uses statistical techniques to analyze information distribution models, to help journals contribute more to the field by optimum engagement of editorial knowledge and expertise and expanding the boundaries of what is known. We examined one prominent journal as a case study in this paper. The outcomes are used to assess the feasibility of the proposed framework. The top contributions of the case journal are identified systematically, and strategies for potential growth are proposed accordingly. Based on the findings, this study not only provides an overview of the benefits of scientometrics-based journal management but also provides recommendations to strengthen the journal's impact on the field as a contribution to practice. As a result, this article is intended to benefit publishers, journal editors, readers, and policymakers.
Emerald Group Publishing Limited, 2024
Purpose-This paper aims to identify the combination of innovation determinants driving the creati... more Purpose-This paper aims to identify the combination of innovation determinants driving the creation of innovative products amongst market leaders and market followers in food and beverage (F&B) firms. Design/methodology/approach-This research is based on the case study methodology by using two types of data sources: (1) semi-structured interviews with industry experts and (2) in-depth interviews with managers. In addition, a questionnaire adapted from prior research was used to consider market and firm types. Findings-Suggesting an integrated theoretical framework based on firm-based factors and market-based factors, this study identified a combination of determinants significantly impacting innovative products in the market. Specifically, these determinants are competition intensity and innovation capability (a combination of research and development (R&D) investment and marketing capabilities). The study also examined how these determinants vary depending on whether the firms are market leaders or market followers. Practical implications-This research provides practical insights for managers working in the F&B industry by using case studies and exploring the determinants of developing innovative products. In doing so, suitable strategies can be selected according to the market and firm situations. Originality/value-The originality of the study is shown by focussing on how different combinations of market and firm factors could be applied in creating successful innovative products in the food sector.
Springer Nature - Quality & Quantity , 2024
The paper aims to analyse a statistical procedure for the definition of territorial indicators, s... more The paper aims to analyse a statistical procedure for the definition of territorial indicators, such as the biometric function of life expectancy of citizens of a territory e 0 , applying a methodology of Top-Down spatial disaggregation, using census data from 2011 in Italy. Through spatial regressions with the methodology proposed in 1971 by Chow and Lin with the use of ISTAT elaborations of annual mortality tables, which are structured from the national level to the regional level, up to the smallest details of the main level, as a dependent variable and predictors a number k of census variables plus accidents in regression models, life expectancy can also be defined at municipal levels (not elaborated by ISTAT) and even at sub-municipal levels (Census Area). The structure of the 2011 census was characterized by 152 variables, collected with CAPI and universal CAWI survey on all the survey units, throughout the national territory, divided into administrative areas of competence and 402,677 more granular areas in census sections. This structure represents a very relevant and useful information asset for applying a spatial disaggregation of indicators, based on three fundamental assumptions: 1 Except in some years for various causes such as the war, different census lags (1881-1901, 1936-1951). 2 Universal, periodic, direct, and simultaneous. 3 www. istat. it/ it/ archi vio/ 104317 Territorial Bases. 4 https:// ec. europa. eu/ euros tat/ web/ nuts/ backg round 5 The United States Small-Area Life Expectancy Project (USALEEP). 6 Five homogeneous levels, plus an area writing level.
International Journal of Emerging Markets
PurposeThis research aims to fill the research gaps regarding customer preferences for digitalisa... more PurposeThis research aims to fill the research gaps regarding customer preferences for digitalisation to create value for retailers and customers, as well as focus on retail change and shopping behaviour in grocery retail stores in the emerging market.Design/methodology/approachThis paper contributes to the research in this area by evaluating customers' and retailers' attitudes towards digital transformation in retailing through interviews. Methodologically, 200 questionnaires were gathered, and data were analysed with the partial least squared structural equation modelling method.FindingsThe findings of this study reveal that the effect of digital transformation in the retail industry will be more apparent in an emerging market.Originality/valueThe paper's originality consists in understanding the future retail structure in an emerging market. Notably, focussing on business-to-consumer businesses appears helpful in distinguishing between behavioural (buying) intention a...
This paper provides an in-depth analysis of the key effective factors in selecting purchasing cha... more This paper provides an in-depth analysis of the key effective factors in selecting purchasing channels for cosmetic products. The purpose of this research is to investigate customer perceptions of cosmetics shopping. By synthesizing insights from prior research, this research develops a conceptual model by integrating innovations diffusion theory and theory of perceived risk to apply in preference to online shopping. 435 questionnaires were gathered, and data were analysed with the partial least squared structural equation modelling (PLS-SEM) method. The results show that online channels are the most popular purchasing channels for cosmetics and clarify the most significant factors that lead to cosmetic online shopping.
Purpose-This research aims to fill the research gaps regarding customer preferences for digitalis... more Purpose-This research aims to fill the research gaps regarding customer preferences for digitalisation to create value for retailers and customers, as well as focus on retail change and shopping behaviour in grocery retail stores in the emerging market. Design/methodology/approach-This paper contributes to the research in this area by evaluating customers' and retailers' attitudes towards digital transformation in retailing through interviews. Methodologically, 200 questionnaires were gathered, and data were analysed with the partial least squared structural equation modelling method. Findings-The findings of this study reveal that the effect of digital transformation in the retail industry will be more apparent in an emerging market. Originality/value-The paper's originality consists in understanding the future retail structure in an emerging market. Notably, focussing on business-to-consumer businesses appears helpful in distinguishing between behavioural (buying) intention and online buying behaviour (actual usage) in an emerging market.
A Three-Level View of Readiness Models:Statistical and Managerial Insights on Industry 4.0
European Journal of Innovation Management
PurposeIn the most recent years, social, innovative, economic and political changes in the Europe... more PurposeIn the most recent years, social, innovative, economic and political changes in the European context have characterized consumers' behaviours. The paper aims to understand if the use of electronic commerce differs in a situation characterized by uncertainty.Design/methodology/approachAn innovative approach to categorising online consumer behaviour considers the self-determination theory and basic psychological needs in an uncertain scenario. The research is based on a quantitative analysis obtained by clustering algorithms on a sample of 1,000 digital users in European countries. A structured questionnaire was administered online and distributed through the leading online social platforms and direct mailing.FindingsThe results show online activities during changes in consumer behaviour patterns and retailers' strategies. This research will allow online retail managers and practitioners to obtain important information to help them define appropriate customer-oriented s...
How About Value Chain in Smart Cities? Addressing Urban Business Model Innovation to Circularity
Springer proceedings in complexity, 2023
In the last years, the concept of "smart city" has been the subject of increasi... more In the last years, the concept of "smart city" has been the subject of increasing attention in urban planning and governance due to the sustainability challenges and great technological advancements. Although the relevant literature highlights those smart cities can create a fertile environment to drive innovation from a technological, managerial and organizational, and policy point of view how smart cities function, in terms of their value chain and in light of sustainability and circularity is still an open question. Based on these considerations, this work aims to investigate how smart cities deliver value by combining environmental, societal, and financial priorities to re-imagine their core business models and shift the boundaries of urban competition in light of circular economy principles. To reach this goal, the tool Sustainable Business Model Innovation Canvas has been applied in the urban context with the aim to create and leverage an environmental and societal surplus in light of circularity in the smart city framework. Preliminary results shed light on new vistas on the future and new challenges of smart cities particularly relevant for facing the current complexity of the economy, social, and environmental changes.
An ecosystems perspective on the reconversion of offshore platforms: Towards a multi‐level governance
Corporate Social Responsibility and Environmental Management
The decommissioning of offshore platforms has been increasingly discussed due to its economic, so... more The decommissioning of offshore platforms has been increasingly discussed due to its economic, social, and environmental impacts. The high complexity of this multilevel context pushes for the adoption of a service ecosystem view to explore the value propositions and actors' relations involved in resource exchanges. This study follows a mixed-method approach based on semistructured interviews conducted with oil and gas stakeholders and content analysis of the secondary data collected. The results highlight the ecosystem elements and identify the main drivers for sustainable growth in the process of the reconversion of oil and gas assets. A "meta" level is theorized to investigate how the actors' purposes can be harmonized with an ecosystem's goal to encourage the diffusion of a sustainable-oriented culture in the context of offshore decommissioning. In this sense, the study provides several insights for researchers and professionals in both the local and national governance field and the oil and gas industry.
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Papers by Vincenzo Basile