This is the first book in English on SPACs in the context of European and Italian Financial Law, introducing the topic with a general overview at the European level. It is also the first book on the European financial regulation of SPACs. As such, it is a ground-breaking reference book for SPAC studies, at the international level. It offers the most comprehensive overview of the current international financial regulation of SPACs in the European Union and the United Kingdom (U.K.) against the main legal system where SPAC originates: the United States (U.S.). The edited book is focusing on finding a European legal framework for SPACs by discovering whether the Alternative Investment Fund Managers Directive (AIFMD) or the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS) are applicable to them or not, and why; and identifying the objectives of financial regulation of SPACs both in the European Union, the U.S. and the U.K.. Essentially, the edited collection explores soft law and self-regulation instances against the State-based Westphalian approaches that are centred on hard law instances; describes practical examples of SPACs in Italy and Europe, and it analyses the limits and perspectives of such investment vehicles on the Italian Capital Market as well as their possible use as a form of shadow banking and venture companies at international level.

Transitioning organizations to the new normal following environmental shocks, economic upheavals, and technological innovations is a challenge to classic organizational management. The main reason: because no single organization knows precisely what the target of change is. Resources created and operated in relationships can support the organization in overcoming its constraints, changing faster, and adapting better. This book takes a relational perspective on how organizations adjust and adapt to their turbulent environment. Drawing from a broad literature and empirical studies, this book offers novel insights into how businesses create, grow, and manage relationships with partners to support strategic change. It discusses the benefits of cooperating with partners and relying on shared resources, while controlling relational risks. It presents key relational processes including organizational intelligence, open culture, knowledge sharing routines, motivation, co-creation, and communication. It discusses focus areas: longevity of family firms, improving health and safety in medical services, crisis management, public administration reforms, and relational risk management. This book is a valuable resource for researchers and students in the fields of organizational studies, organizational change, technology, and innovation management. Managers and entrepreneurs can find inspiration, motivation, and strategies for implementing and managing relationships along the value chain.