Turnaround management and systemic approach: a historical review of the Florentine management school contribution

Despite the attention given by the international literature to the Italian accounting scholars, management related topics have been scarcely considered. After a short excursus on the evolution of the Italian management discipline, the systemic approach of the Florentine School of Thought is discussed. This little studied stream of research is at the same time quite innovative, especially historically speaking, and has contributed to the diffusion of a systemic approach to management or a viable system theory in Italy. Particularly interesting is to see how the evolution of the school has paid attention to turnaround strategies, blending management and accounting perspectives from a coherent view.