Dr. Marco Desogus receives the prestigious Distinguished Scholar Award
International Research Journal of Finance and Economics pays tribute to Dr. Marco Desogus’s contribution to the field of Banking and Finance through his article titled “A contribution on Relationship Banking. Economic, Anthropological and Mathematical Reasoning, Empirical Evidence from Italy”
Dr. Marco Desogus, who is affiliated with the Department of Economics and Business Science – University of Cagliari, Italy is one of the recipients of the Distinguished Scholar Award in 2020. With this award, the independent ad hoc Scientific Award Committee and the Editorial Board of the International Research Journal of Finance and Economics pays tribute to Dr. Marco Desogus’s contribution to the field of Banking and Finance through his scientific article titled “A contribution on Relationship Banking. Economic, Anthropological and Mathematical Reasoning, Empirical Evidence from Italy”.
Professor Adrian Marcus Steinberg, the Chair of the Independent ad hoc Scientific Award Committee, said:
“Dr. Marco Desogus has received the prestigious Distinguished Scholar Award 2020, because he has made a significant contribution to the existing knowledge in his selected area of research. His outstanding research concerns the tightness of the economy and demonstrates the need for procedural reforms between banks and companies for more relational and infra-cooperative structures. Among these corrections, Dr. Marco Desogus suggest that banks and companies be considered as unicum bank-enterprises and monetary-financial and productive activity as two faces of the same coin, rather than distinct functions of separate entities.”
The Distinguished Scholar Award is a prestigious academic recognition that have been presented to a very limited number of scientists from around the world since 2004 regardless of which scientific journal they have chosen as an outlet for their research. Selection of candidates are based on their outstanding scholarly contribution to the scientific knowledge in their fields of scientific research with respect to a set of criteria, including the overall importance of the research question or problem and level of innovation in the topic, the effectiveness and novelty of the methodology and data employed, academic significance and usefulness of conclusions resulting from the research, adequacy of the critical review of relevant literature and the broad application of the findings.
Following an anthropological and economic-behavioral survey on the inherent human qualities of cooperation and relationality, Dr. Marco Desogus situate these two qualities in economic actions and particularly in the relationship between financing institutions and producers. This heterodox notion is supported by an analysis of Italian performance data on financing trends, bank non-performing loans and the number of companies in the production sector, which reflects the progressive deterioration of the economy.
From there, Dr. Marco Desogus apply a mathematical model to finalize his hypothetical reform. Dr. Marco Desogus finally recommend a strategy for the gradual implementation of his conclusions, based on an examination of existing cooperative banking intermediation practices.
A contribution on Relationship Banking. Economic, Anthropological and Mathematical Reasoning, Empirical Evidence from Italy