Pub Date : 2021-09-21DOI: 10.1080/10669868.2021.1974641
Hanan AlMazrouei, R. Zacca
Abstract The COVID-19 pandemic has affected the lives of billions of people around the world in many ways. This study aims to examine how the lockdowns implemented in Australia have affected public sector employees working from their homes as well as examining if the level of trust between managers and their employees has changed. A qualitative research study was conducted with 60 Australian public sector employees. The findings indicate that teamwork and individual learning outcomes were altered. This research contributes to the body of knowledge surrounding the mechanisms used to cope with the changes and the effects on employee productivity.
{"title":"The Impact of Coronavirus on Australian Public Sector Employees","authors":"Hanan AlMazrouei, R. Zacca","doi":"10.1080/10669868.2021.1974641","DOIUrl":"https://doi.org/10.1080/10669868.2021.1974641","url":null,"abstract":"Abstract The COVID-19 pandemic has affected the lives of billions of people around the world in many ways. This study aims to examine how the lockdowns implemented in Australia have affected public sector employees working from their homes as well as examining if the level of trust between managers and their employees has changed. A qualitative research study was conducted with 60 Australian public sector employees. The findings indicate that teamwork and individual learning outcomes were altered. This research contributes to the body of knowledge surrounding the mechanisms used to cope with the changes and the effects on employee productivity.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"382 - 399"},"PeriodicalIF":1.5,"publicationDate":"2021-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42691180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-07-03DOI: 10.1080/10669868.2021.1931622
E. Oparin, A. Panibratov, L. Ermolaeva
Abstract Digital Health (DH) is an emerging area of scholarly attention. DH represents the solid ground for interdisciplinary research as it combines society, technologies and management. The aim of this paper is to advance the knowledge of DH business by reviewing existing studies of DH as an inter-organizational and complex phenomenon and to propose the ground for strategic management studies. Admitting the fact that DH requires interdisciplinary approach we shed the light on the theoretical tenets explaining this phenomenon from managerial theories perspectives and suggest research avenues that might contribute to the future DH studies.
{"title":"Digital Health Studies: Business and Management Theory Perspective","authors":"E. Oparin, A. Panibratov, L. Ermolaeva","doi":"10.1080/10669868.2021.1931622","DOIUrl":"https://doi.org/10.1080/10669868.2021.1931622","url":null,"abstract":"Abstract Digital Health (DH) is an emerging area of scholarly attention. DH represents the solid ground for interdisciplinary research as it combines society, technologies and management. The aim of this paper is to advance the knowledge of DH business by reviewing existing studies of DH as an inter-organizational and complex phenomenon and to propose the ground for strategic management studies. Admitting the fact that DH requires interdisciplinary approach we shed the light on the theoretical tenets explaining this phenomenon from managerial theories perspectives and suggest research avenues that might contribute to the future DH studies.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"234 - 258"},"PeriodicalIF":1.5,"publicationDate":"2021-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43192951","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-24DOI: 10.1080/10669868.2021.1937440
C. M. Cordeiro, Gøril Voldnes
Abstract This study applies an economic sociology perspective in exploring the importance of cultural embeddedness of firm economic activities across borders. The findings are data driven and uses the seafood trade and its shared business environments between Norway and China as case example. The empirical findings of this study show that market-as-network, and actor-to-actor interrelationships will become increasingly important in forming resilient business networks. It also illustrates how economic sociology can provide a holistic framework of analysis in studying cultural embeddedness.
{"title":"An Integrated Economic Sociology Approach to Market-as-Network: The Example of a Shared Business Environment between Norway and China","authors":"C. M. Cordeiro, Gøril Voldnes","doi":"10.1080/10669868.2021.1937440","DOIUrl":"https://doi.org/10.1080/10669868.2021.1937440","url":null,"abstract":"Abstract This study applies an economic sociology perspective in exploring the importance of cultural embeddedness of firm economic activities across borders. The findings are data driven and uses the seafood trade and its shared business environments between Norway and China as case example. The empirical findings of this study show that market-as-network, and actor-to-actor interrelationships will become increasingly important in forming resilient business networks. It also illustrates how economic sociology can provide a holistic framework of analysis in studying cultural embeddedness.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"357 - 381"},"PeriodicalIF":1.5,"publicationDate":"2021-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2021.1937440","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45222114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-05-13DOI: 10.1080/10669868.2021.1921895
T. C. Chew, Tarun Kanti Bose, Yaoyao Fan
Abstract Previous studies have shown that institutional environments play an important role in explaining entrepreneurship in a given country. Yet, most of the extant studies focus on samples derived from developed-economies. While some attentions have been given to countries in developing economies, the focus was mainly on a few rapidly developing countries whereas others remain largely under-explored. Moreover, developing countries in the Asian region provides a compelling context to be studied as it espouses different institutional logics. To address these issues, we assess the perceptions of the regulatory, cognitive, and normative institutional dimensions that may promote entrepreneurship in a sample of 701 business students from three Asian’s developing economies: Malaysia, Bangladesh, and China. In general, the overall institutional environments level for Malaysia and China are perceived as favorable for entrepreneurship whereas Bangladesh is perceived as relatively less favorable for entrepreneurship. Moreover, results suggest that there are significant differences in the country’s institutional environments between Bangladesh and Malaysia, as well as between Bangladesh and China. These results revealed important cross-national differences and invariance between the three countries in the same Asian region. Implications for future research and practice are discussed.
{"title":"Country Institutional Environments in Promoting Entrepreneurship: Assessment Based on Developing Economies in Asia","authors":"T. C. Chew, Tarun Kanti Bose, Yaoyao Fan","doi":"10.1080/10669868.2021.1921895","DOIUrl":"https://doi.org/10.1080/10669868.2021.1921895","url":null,"abstract":"Abstract Previous studies have shown that institutional environments play an important role in explaining entrepreneurship in a given country. Yet, most of the extant studies focus on samples derived from developed-economies. While some attentions have been given to countries in developing economies, the focus was mainly on a few rapidly developing countries whereas others remain largely under-explored. Moreover, developing countries in the Asian region provides a compelling context to be studied as it espouses different institutional logics. To address these issues, we assess the perceptions of the regulatory, cognitive, and normative institutional dimensions that may promote entrepreneurship in a sample of 701 business students from three Asian’s developing economies: Malaysia, Bangladesh, and China. In general, the overall institutional environments level for Malaysia and China are perceived as favorable for entrepreneurship whereas Bangladesh is perceived as relatively less favorable for entrepreneurship. Moreover, results suggest that there are significant differences in the country’s institutional environments between Bangladesh and Malaysia, as well as between Bangladesh and China. These results revealed important cross-national differences and invariance between the three countries in the same Asian region. Implications for future research and practice are discussed.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"332 - 356"},"PeriodicalIF":1.5,"publicationDate":"2021-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2021.1921895","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49243769","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-14DOI: 10.1080/10669868.2021.1892008
B. Oyewo, Rabiu Onaolapo Olowo, Alero Obanor
Abstract This paper investigates the implementation of integrated performance measurement (IPM) system, the extent of integration among four performance measures proposed by the balanced scorecard as an IPM framework (namely financial, customer, internal business process, and learning and growth perspectives) and the impact of non-financial disclosure on financial performance. The study employed ex post facto research design. A self-designed disclosure checklist containing forty-eight (48) items across financial (18), customer (18), internal business (4), and learning and growth (8) perspectives was used to analyze performance disclosure for a 3-year period of 2012–2014. Structural equation modeling was used to explore the interaction among the performance measures, as well as the impact of non-financial disclosure on financial performance post-IPM implementation. The study concludes that banks do not adopt an integrative approach to performance measurement and disclosure, as performance appears to be communicated in a haphazard manner. Failure to embrace an integrative approach to performance disclosure appears to be responsible for the low impact of non-financial disclosure on financial performance. The originality of the current study stems from the awareness that it developed a disclosure checklist that can be used by other studies to assess the quality of performance disclosure in annual reports. To the researchers’ knowledge, the study is the first, in the Nigerian context, to assess the level of integration among performance measures in an IPM system using secondary data. The excessive focus on the financial measures implies that firms are not leveraging on the synergistic benefits of an integrative approach to performance measurement and disclosure.
{"title":"Is the Use of Integrated Performance Measurement System by Banks Really “Integrated”? A Structural Equation Modeling Approach","authors":"B. Oyewo, Rabiu Onaolapo Olowo, Alero Obanor","doi":"10.1080/10669868.2021.1892008","DOIUrl":"https://doi.org/10.1080/10669868.2021.1892008","url":null,"abstract":"Abstract This paper investigates the implementation of integrated performance measurement (IPM) system, the extent of integration among four performance measures proposed by the balanced scorecard as an IPM framework (namely financial, customer, internal business process, and learning and growth perspectives) and the impact of non-financial disclosure on financial performance. The study employed ex post facto research design. A self-designed disclosure checklist containing forty-eight (48) items across financial (18), customer (18), internal business (4), and learning and growth (8) perspectives was used to analyze performance disclosure for a 3-year period of 2012–2014. Structural equation modeling was used to explore the interaction among the performance measures, as well as the impact of non-financial disclosure on financial performance post-IPM implementation. The study concludes that banks do not adopt an integrative approach to performance measurement and disclosure, as performance appears to be communicated in a haphazard manner. Failure to embrace an integrative approach to performance disclosure appears to be responsible for the low impact of non-financial disclosure on financial performance. The originality of the current study stems from the awareness that it developed a disclosure checklist that can be used by other studies to assess the quality of performance disclosure in annual reports. To the researchers’ knowledge, the study is the first, in the Nigerian context, to assess the level of integration among performance measures in an IPM system using secondary data. The excessive focus on the financial measures implies that firms are not leveraging on the synergistic benefits of an integrative approach to performance measurement and disclosure.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"259 - 290"},"PeriodicalIF":1.5,"publicationDate":"2021-03-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2021.1892008","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47817579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-09DOI: 10.1080/10669868.2021.1895947
Elena Prosvirkina, B. Wolfs
Abstract This article explores the influence of top management team (TMT) characteristics on the performance of banks in Russia. Empirical research is based on both primary and secondary data of 178 banks. The study contributes to advancing research on upper echelon theory. The study’s results suggest that some top management characteristics have positive influence on the performance of banks, while others either negative or neutral. It was proven that percentage of Ph.D. holders in TMT and heterogeneity of functional expertise positively influence financial results of banks. In addition, CEO duality and gender heterogeneity have a negative effect on financial results of banks in Russia. Other TMT characteristics have no influence on banks performance (ROA, ROE and ROI).
{"title":"Top Management Team Characteristics and Performance of Banks in Russia","authors":"Elena Prosvirkina, B. Wolfs","doi":"10.1080/10669868.2021.1895947","DOIUrl":"https://doi.org/10.1080/10669868.2021.1895947","url":null,"abstract":"Abstract This article explores the influence of top management team (TMT) characteristics on the performance of banks in Russia. Empirical research is based on both primary and secondary data of 178 banks. The study contributes to advancing research on upper echelon theory. The study’s results suggest that some top management characteristics have positive influence on the performance of banks, while others either negative or neutral. It was proven that percentage of Ph.D. holders in TMT and heterogeneity of functional expertise positively influence financial results of banks. In addition, CEO duality and gender heterogeneity have a negative effect on financial results of banks in Russia. Other TMT characteristics have no influence on banks performance (ROA, ROE and ROI).","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"291 - 309"},"PeriodicalIF":1.5,"publicationDate":"2021-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2021.1895947","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44745332","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-02-11DOI: 10.1080/10669868.2021.1881018
József Poór, D. Jepsen, Boróka Viktória Musztyné Bátfai, Z. Pótó, Klára Veresné Valentinyi, Zsuzsa Karoliny
This study analyses the similarities (convergence) and differences (divergence) in human resource (HR) practices in the private and public sectors in 32 countries over a 12 year period. The paper starts with New Public Management (NPM) overview and its critiques and then discusses HR convergence, divergence and cross-vergence tendencies. Using the Cranet database of HR practitioner-employee ratio, performance appraisal systems use and application, unionization levels and training days metrics, analysis focuses on the three groupings of NPM countries, Central and Eastern European countries and all other countries. The hypothesis that HR practices of private and public sectors differ less in NPM countries than in the other two groups of countries is partially supported. ARTICLE HISTORY Received 3 May 2020 Accepted 20 January 2021
{"title":"Regional HRM Trends in Private and Public Sectors: A Comparative Approach","authors":"József Poór, D. Jepsen, Boróka Viktória Musztyné Bátfai, Z. Pótó, Klára Veresné Valentinyi, Zsuzsa Karoliny","doi":"10.1080/10669868.2021.1881018","DOIUrl":"https://doi.org/10.1080/10669868.2021.1881018","url":null,"abstract":"This study analyses the similarities (convergence) and differences (divergence) in human resource (HR) practices in the private and public sectors in 32 countries over a 12 year period. The paper starts with New Public Management (NPM) overview and its critiques and then discusses HR convergence, divergence and cross-vergence tendencies. Using the Cranet database of HR practitioner-employee ratio, performance appraisal systems use and application, unionization levels and training days metrics, analysis focuses on the three groupings of NPM countries, Central and Eastern European countries and all other countries. The hypothesis that HR practices of private and public sectors differ less in NPM countries than in the other two groups of countries is partially supported. ARTICLE HISTORY Received 3 May 2020 Accepted 20 January 2021","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"1 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2021-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2021.1881018","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47712190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-25DOI: 10.1080/10669868.2020.1869639
B. Seyoum
Abstract This study investigates modularization and its impact on cost, speed to market and product quality (firm relative positional advantage) in the world’s largest car market. The research findings support the view that modularization is an important factor in the Chinese auto industry. It has a positive impact on these variables that constitute firm relative positional advantage. The study also shows that knowledge sharing and physical proximity partially moderate the relationship between the degree of modularization and firm relative positional advantage variables: cost, speed to market and product quality. The study contributes to the literature by showing modularization as an important competitive strategy.
{"title":"Modularity in Production and Firm Relative Positional Advantage: Evidence from the Global Automobile Industry in China","authors":"B. Seyoum","doi":"10.1080/10669868.2020.1869639","DOIUrl":"https://doi.org/10.1080/10669868.2020.1869639","url":null,"abstract":"Abstract This study investigates modularization and its impact on cost, speed to market and product quality (firm relative positional advantage) in the world’s largest car market. The research findings support the view that modularization is an important factor in the Chinese auto industry. It has a positive impact on these variables that constitute firm relative positional advantage. The study also shows that knowledge sharing and physical proximity partially moderate the relationship between the degree of modularization and firm relative positional advantage variables: cost, speed to market and product quality. The study contributes to the literature by showing modularization as an important competitive strategy.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"207 - 233"},"PeriodicalIF":1.5,"publicationDate":"2021-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2020.1869639","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43056973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-19DOI: 10.1080/10669868.2020.1859427
S. Gautam, M. Lal
Abstract The present study has investigated different facets of entrepreneurship and evaluated the relationship between the dynamics of entrepreneurship and economic growth in G-20 economies while controlling the impact of lower and higher income group economies. We have used an econometric model by pooling the cross-section of countries with time-series data on each country over the study period of 2001–2016 depending upon the availability of the dataset. Data have been taken from Global Entrepreneurship Monitor (GEM) for entrepreneurial dynamics, World Economic Forum, and IMF World Economic Outlook database. Total Entrepreneurship Activity (TEA) is used as a proxy for measuring entrepreneurial dynamics, GDP per capita (adjusted PPP) for measuring economic growth, and Growth Competitiveness index (GCI) for measuring competitiveness. We have found a significant positive relationship between entrepreneurial activities with respect to GDP, GCI, respectively. The control variable also has significant impact on entrepreneurial activities. The result of regression models has supported that competitiveness and economic growth have a significant impact on entrepreneurial dynamics in G-20 countries. Study results have suggested that there must be more advanced strategies to accelerate the growth rate and move more rapidly toward the Schumpeterian framework. Policymakers should emphasize more on promoting innovative entrepreneurial activities to achieve more economic growth and development.
{"title":"Entrepreneurship and Economic Growth: Evidence from G-20 Economies","authors":"S. Gautam, M. Lal","doi":"10.1080/10669868.2020.1859427","DOIUrl":"https://doi.org/10.1080/10669868.2020.1859427","url":null,"abstract":"Abstract The present study has investigated different facets of entrepreneurship and evaluated the relationship between the dynamics of entrepreneurship and economic growth in G-20 economies while controlling the impact of lower and higher income group economies. We have used an econometric model by pooling the cross-section of countries with time-series data on each country over the study period of 2001–2016 depending upon the availability of the dataset. Data have been taken from Global Entrepreneurship Monitor (GEM) for entrepreneurial dynamics, World Economic Forum, and IMF World Economic Outlook database. Total Entrepreneurship Activity (TEA) is used as a proxy for measuring entrepreneurial dynamics, GDP per capita (adjusted PPP) for measuring economic growth, and Growth Competitiveness index (GCI) for measuring competitiveness. We have found a significant positive relationship between entrepreneurial activities with respect to GDP, GCI, respectively. The control variable also has significant impact on entrepreneurial activities. The result of regression models has supported that competitiveness and economic growth have a significant impact on entrepreneurial dynamics in G-20 countries. Study results have suggested that there must be more advanced strategies to accelerate the growth rate and move more rapidly toward the Schumpeterian framework. Policymakers should emphasize more on promoting innovative entrepreneurial activities to achieve more economic growth and development.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"140 - 159"},"PeriodicalIF":1.5,"publicationDate":"2021-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2020.1859427","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43462287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-12DOI: 10.1080/10669868.2020.1869638
C. Boța-Avram, A. Groșanu, P. Răchişan
Abstract Using panel data for 16 Central and Eastern European countries from 2006 to 2015, we report there are six statistically explanatory variables for the variation of ethical behavior of firms in the CEE countries such as judicial independence, protection of minority shareholders interest, wastefulness of government spending, favoritism in decisions of government officials, rule of law and public trust in politicians. By using panel data related to 16 Central and Eastern European countries for a period of 10 years (2006–2015), we investigate the influence of specific legal, political, and country-level governance determinant factors on firms’ ethical behavior in the CEE region. Thus, we report there are certain statistically explanatory variables for the variation of ethical conduct of firms in the CEE countries such as judicial independence; strength of investor protection; protection of minority shareholders interest; wastefulness of government spending; government effectiveness; diversion of public funds; the rule of law and public trust in politicians. This study indicates the necessity for policymakers and political leaders to look for practical solutions to ensure the necessary enforcement mechanisms for improving firms’ ethical behavior in CEE countries.
{"title":"Investigating Country-Level Determinant Factors on Ethical Behavior of Firms: Evidence from CEE Countries","authors":"C. Boța-Avram, A. Groșanu, P. Răchişan","doi":"10.1080/10669868.2020.1869638","DOIUrl":"https://doi.org/10.1080/10669868.2020.1869638","url":null,"abstract":"Abstract Using panel data for 16 Central and Eastern European countries from 2006 to 2015, we report there are six statistically explanatory variables for the variation of ethical behavior of firms in the CEE countries such as judicial independence, protection of minority shareholders interest, wastefulness of government spending, favoritism in decisions of government officials, rule of law and public trust in politicians. By using panel data related to 16 Central and Eastern European countries for a period of 10 years (2006–2015), we investigate the influence of specific legal, political, and country-level governance determinant factors on firms’ ethical behavior in the CEE region. Thus, we report there are certain statistically explanatory variables for the variation of ethical conduct of firms in the CEE countries such as judicial independence; strength of investor protection; protection of minority shareholders interest; wastefulness of government spending; government effectiveness; diversion of public funds; the rule of law and public trust in politicians. This study indicates the necessity for policymakers and political leaders to look for practical solutions to ensure the necessary enforcement mechanisms for improving firms’ ethical behavior in CEE countries.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":"27 1","pages":"184 - 205"},"PeriodicalIF":1.5,"publicationDate":"2021-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10669868.2020.1869638","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42124124","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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