CLEAN - LSE Seminar Series - Rocco Macchiavello (LSE)


The next CLEAN seminar, in collaboration with LSE, will take place on Wednesday, April 8th 2024, from 4-5 p.m. Italian time.

The presenter will be Rocco Macchiavello (London School of Economics). The title of the paper is "Mafias and Firms".



Infiltration of the legal economy by criminal organizations (OCGs) is potentially significant, though how pervasive remains uncertain. Beyond the volume, the motives driving infiltration are of serious policy concern. We introduce a conceptual framework to differentiate between OCGs’ motives for infiltrating legal firms and validate it using new data from the Italian Financial Intelligence Unit. About 2% of Italian firms appear to have links with OCGs, with three primary motives. Firms established by OCGs are predominantly used for criminal activities (functional motive). Medium-sized firms, often infiltrated post-creation, primarily reflect a competitive motive, wherein criminal activities benefit the firm. Lastly, large, well-established firms remain separate from criminal activities and are used for pecuniary and non-pecuniary returns, such as to establish political connections (pure motive). This so far unnoticed motive accounts for a substantial share of OCGs’ infiltration.


You may follow the event online via Zoom Meetings at the following link: - Meeting ID: 935 3789 3727 - Passcode: 327396