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Pregled bibliografske jedinice broj: 775604

Institutional Interaction in the Business Environment: Eastern European versus Western European Countries


Šimić Banović, Ružica
Institutional Interaction in the Business Environment: Eastern European versus Western European Countries // Zbornik Pravnog fakulteta u Zagrebu, 65 (2015), 3-4; 439-480 (međunarodna recenzija, članak, znanstveni)


Naslov
Institutional Interaction in the Business Environment: Eastern European versus Western European Countries

Autori
Šimić Banović, Ružica

Izvornik
Zbornik Pravnog fakulteta u Zagrebu (0350-2058) 65 (2015), 3-4; 439-480

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Culture; Institutions; Business environment; Transition; Post Socialism

Sažetak
The interplay of formal (laws, regulations) and informal institutions (culture, tradition, norms of behaviour) has showed to be initially underestimated in the recent economic, political, and social transformation of Central and Eastern European countries. This predominantly led to a uniform approach that undervalued intangible legacy and consequently could neither predict nor address the divergence of countries’ development and evolution of their business systems. Dominant national culture has been recognized as a very influential factor of the institutional change. Considering that favourable business environment is vital for economic progress, “institutional stickiness” of business-related laws and regulations and culture is thoroughly researched. It is further linked with overall quality of the business environment and level of economic development. This article suggests that favourable business environment is expected to be found in societies characterised by weak power distance, high individualism, low uncertainty avoidance and indulgence instead of restraint. Yet, opposite characteristics are found in numerous transition countries. Hence, the findings suggest lesser likelihood of successful institutional import from Western to Eastern European societies.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Politologija, Sociologija



POVEZANOST RADA


Ustanove
Pravni fakultet, Zagreb

Autor s matičnim brojem:
Ružica Šimić Banović, (289180)

Časopis indeksira:


  • Scopus
  • HeinOnline


Uključenost u ostale bibliografske baze podataka:


  • Worldwide Political Science Abstracts
  • Scopus
  • ERIH PLUS
  • Index to foreign legal periodicals
  • Drant
  • Political Science Complete - EBSCO
  • Proquest Social Science Premium Collection