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Market Concentration and Foreign Direct Investment (FDI) in the Finance Sector Journal of East-West Business Pub Date : 2024-02-22 Marija Radulović, Milan Kostić
The aim of the paper is to examine the relationship between market concentration and foreign direct investment (FDI) in the Serbian finance sector. Therefore, the banking, financial leasing, and in...
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Does Generation Cohort Matter for Teleworking? Diving into Challenges and Advantages of Teleworking Concerning Gen Y and Gen Z Journal of East-West Business Pub Date : 2024-01-25 Elona Çera, Pjeter Ndreca, Gentjan Çera, Comfort Adebi Asamoah, Jana Matošková
This study aims to identify generational cohort differences in terms of telework’s advantages and challenges between Generation Y and Generation Z. To achieve this, a convenience sampling method wi...
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The Value of Active Management in Equity Mutual Funds: A Case of Mutual Funds Distributed in the Czech Republic Journal of East-West Business Pub Date : 2023-12-28 Jan Kölbl, Mohit Srivastava, Ladislav Tyll
The primary purpose of this study is to evaluate the active management in a mutual fund from the perspective of a Czech retail investor and compare it against their passive alternative. In total, 5...
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Graftee and Grafting in Firm Internationalization Journal of East-West Business Pub Date : 2023-12-22 Aswo Safari, Matthias Holmstedt, Martin Johanson
This study focuses on enhancing the understanding of how firm internationalization is triggered by investigating how firms cope with the lack of knowledge and networks when entering a foreign marke...
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An Investigation into the Determinants of Venture Capital Investment: Evidence from Emerging Economies of Asia Pacific Journal of East-West Business Pub Date : 2023-12-18 Sheena Rehman, Irfan Ahmad, Vandana Singh, Ahmad Hasan
Since the 1980s–90s, Venture capital has grown to be widely considered as an effective source of funding for creative operations besides playing a pivotal role in the development of economies. Focu...
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COVID and Sanctions Resiliency in a Russian Region: The Case of Rostov Oblast 2010–2022 Journal of East-West Business Pub Date : 2023-10-25 Gregory Brock
Using convergence estimations, the economies of the towns and districts of Rostov Oblast are shown to be resilient to four shocks to the economy – initial sanctions (2019), initial COVID and contin...
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CSR Disclosure in Russian Systemic Companies: Driving Force of International Environment and Domestic Institutions Journal of East-West Business Pub Date : 2023-10-10 Anna Veselova, Yulia Aray, Liubov Ermolaeva
The paper explores a unique phenomenon of systemic companies and their corporate social responsibility (CSR) activities in a weak institutional environment and extensive institutional voids that pu...
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An Analysis of the Effects of Cultural, Religious, and Linguistic Differences on International Trade Journal of East-West Business Pub Date : 2023-09-25 Kia Hamid Yeganeh
This study analyzes the effects of cultural, religious, and linguistic differences on bilateral trade. We conceptualize these differences as cultural distance, religious distance, religious denomin...
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Retail Interest Rate Differentials in the Eurozone: A Co-Integration Analysis Approach Journal of East-West Business Pub Date : 2023-08-30 Kyriakos Metaxas, Harry Papapanagos, Athanasios Koulakiotis
Over the last decades, despite the remarkable progress toward the harmonization of banking regulation, interest rate differentials in the Eurozone remain large. In this context, rejecting the law o...
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The Moderating Role of Education in The Corruption-Ease of Doing Business Nexus: Evidence from CEE Countries Journal of East-West Business Pub Date : 2023-08-26 Cristina Boța-Avram
This paper aims to investigate the impact of education factors on the relationship between corruption and the Ease of doing business in Central and Eastern Europe. We employed a regression analysis...
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External Debt, Institutional Quality and Economic Growth in East African Countries Journal of East-West Business Pub Date : 2023-08-24 Tola Alemu, Tekilu Tadesse Choramo, Aleka Jeldu
This study aimed to analyze the impact of external debt on economic growth with mediating role of institutional quality by employing a heterogeneous panel Autoregressive distributed lag (ARDL) mode...
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The Effect of Entrepreneurial Environment on Resource Use: A Czech-Austrian Comparison of Family and Non-family Businesses in Historical Context Journal of East-West Business Pub Date : 2023-08-22 Pavla Marciánová, Petr Pirožek, Lenka Komárková
Abstract Our study examines the view of the comparison of family and non-family businesses in countries that are in close proximity and share the same border at several levels. The first level is the historical context, the next is the territorial/national context, and the last is the management context of the enterprise. Results display that within the history and ideology context in cross-border
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Does Institutionalism Coupled with Venture Capital Drive Green Innovation? Journal of East-West Business Pub Date : 2023-08-11 Sheena Rehman, Jeevananthan Manickavasagam, Sadichha Sharma
Abstract Since green patents have been rising rapidly over the past few years, countries are recognizing the need to foster green innovation to address the most serious issue of the 21st century i.e. climate change. This paper examines green innovation, focusing on institutional theory and venture capital in BRICS countries. Using fixed effect method of panel regression analysis, it is discovered that
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Stock Market Response to the Russia-Ukraine War: Evidence from an Emerging Market Journal of East-West Business Pub Date : 2023-05-10 Emrah Keleş
Abstract This study examines the role of financial factors contributing to firms’ resilience during the Russia-Ukraine war. Event study results show a significant adverse reaction, which started before the official war announcement and grew over time. Further, cross-sectional analyses uncover that the negative effect is mitigated for larger and more profitable firms but amplified for high market-cap
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FDI Motives and Location Decisions of Emerging Country Business Groups: Entry Mode, Ownership and Institutional Environment Journal of East-West Business Pub Date : 2023-04-10 Kader Şahin, Tuğba Kaplan
Abstract The purpose of this paper is to introduce and explain our understanding of the internationalization process of emerging country business groups (EBGs) according to the entry mode choice, ownership structure, and formal institutional environment of the host country. The internationalization models of Dunning and Mathews are integrated with the institutional environment in the internationalization
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Cypriot Diaspora Direct Investment Patterns in times of Financial Crisis Journal of East-West Business Pub Date : 2023-04-10 Eva Karayianni, Panagiotis Kontakos, Aristides Bitzenis, Angelina Sergi
Abstract This qualitative study aims to study the phenomenon of diaspora direct investments in the Republic of Cyprus during the period 2013–2021, which succeeded the 2013 Financial Crisis. The unit of analysis has been real estate agencies established on the island, as real estate consists the major sector where diaspora investment takes place. A multiple case study, including in-depth interviews
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Where the Baltic States Confirm and Extend Predictions of an Enlarged Viner-Model Journal of East-West Business Pub Date : 2023-01-03 Friedrich L. Sell, Jürgen Stiefl
Abstract We empirically assess trade creation and diversion effects experienced by Baltic countries (2001–2020). To this purpose, we rely on the Viner model and its modifications to account for the access to the EU and for the monetary integration effects of the EURO adoption. We follow a three-steps-procedure (macro balance view, trend breaking view, and competitiveness view) which enables us to make
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An Investigation of the Role of FDI in Stimulating Growth in EU: Evidence from Panel ARDL Analysis Journal of East-West Business Pub Date : 2023-01-02 Chrysanthi Tsimpida, Aristidis Bitzenis
Abstract The study aims to examine the FDI-growth nexus in EU countries for the period 1996–2018. Empirical literature has suggested ambiguous results regarding the beneficial effects of FDI on host economies. In this study panel ARDL approach is employed using the PMG estimator, as the most suitable for our dataset. DFE and MG estimators are also implemented. The results indicate strong evidence that
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Former Soviet Union Republics’ Emerging Place in International Institutions Network and Their International Trade Patterns after the Disintegration Journal of East-West Business Pub Date : 2023-01-02 Yener Kandogan
Abstract This article investigates the role of international intergovernmental organizations (IGOs) former Soviet Union republics participated after its disintegration on their international trade patterns, particularly the consumer animosity and nostalgia dimensions toward each other and major countries in the IGOs. The results suggest that the republics were faced with a choice between EU/Western
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The Asymmetric Effect of Oil Price Fluctuation on Non-performing Loans in Kazakhstan: Evidence from the Ricardian Curse of the Resource Boom Journal of East-West Business Pub Date : 2022-11-13 Lee Chin, Hayot Berk Saydaliev, Shirali Kadyrov
Abstract This paper investigates the asymmetric impact of oil price fluctuations on non-performing loans (NPLs) between 2009-Q1 and 2020-Q1 for 28 banks in Kazakhstan. Dynamic panel threshold analysis revealed an initial increase of oil prices, improving creditworthiness, thereby reducing NPLs; however, after cross a certain threshold, the relationship was shown to become the opposite. This finding
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What Is the Role of FoMO in Individual Investment Behavior? The Relationship among FoMO, Involvement, Engagement, and Satisfaction Journal of East-West Business Pub Date : 2022-11-07 Metin Argan, Vahdet Altundal, Mehpare Tokay Argan
Abstract Little research has investigated the relationship between FoMO (fear of missing out) and financial behavior and underlying this association remains largely unknown. The aim of this paper is to investigate the relationship between envy and FoMO, investment involvement, investment engagement, and satisfaction. Proposed conceptual model was tested using structural equation modeling (SEM) among
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Flexibility and Saudi Employees’ Perceptions of Job Satisfaction: A Multisector Study Journal of East-West Business Pub Date : 2022-09-10 Turkiah Saad Alotaibi
Abstract The influence of job satisfaction components (pay, work settings, career growth, flexibility, and supervision) varies. Previous studies have shown job satisfaction is positively correlated with work settings, total compensation, and growth opportunities. There is, however, little evidence of job satisfaction in remote working after COVID-19 in Saudi Arabia. Therefore, the aim of the present
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European Integration and International M&As: The Case of Poland Journal of East-West Business Pub Date : 2022-09-07 Andrzej Cieślik, Monika Tarsalewska
Abstract This paper studies determinants of international mergers and acquisitions (M&As) in Poland using the predictions of the knowledge capital model of multinational enterprise. The empirical implementation of the theory is based on the negative binomial model and the bilateral dataset covering 143 countries over the period 1995–2015. Our estimation results indicate that M&As in Poland are explained
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Don't Worry, I Know What I'm Doing: Talent Management Practices between South Korean and Foreign-Owned Firms Journal of East-West Business Pub Date : 2022-09-05 Hyun Mi Park
Abstract It is frequently argued that Talent Management (TM) has been derived from Western, and there are gaps between spread westernized TM format and contexts of non-western countries when TM is adopted and practiced in a business daily basis. The cultural and institutional gaps to adopt TM are analyzed in this paper through comparing the differences in TM practices between foreign owned subsidiaries
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The Impact of Sovereign Credit Rating News on Credit Default Swap Spreads Journal of East-West Business Pub Date : 2022-09-02 Övünç Gürsoy, Emin Avcı
Abstract This paper explores the impact of sovereign credit rating news from three credit rating agencies, namely Moody’s, Fitch, and Standard & Poors, on credit default swaps (CDS). We use an event study methodology to analyze how CDS spread reacts to sovereign CR (Credit Rating) rating news in 31 countries between 2005 and 2018. The effects of rating news on CDS spread are conditional on the prior
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Thrown under the Bus: The Signaling Role of CMO Dismissal and its Effect on Firm Value Journal of East-West Business Pub Date : 2022-08-02 Saad A. Alhoqail, Robert Zacca, Kristopher Floyd
Abstract The aim of this study is to investigate the impact of CMO dismissal on the firm’s financial performance. Regression analysis was used to test the theoretical model based on a data set of 99 CMOs leaving their firms. Drawing upon market signal and contingency theories, the study finds evidence for the positive effect of involuntary CMO departure on the firm’s net market value and finds a firm’s
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Excess Pandemic Mortality in Russia’s Regions in 2020 Journal of East-West Business Pub Date : 2022-07-26 Gregory Brock
Abstract Counterfactual estimates of excess deaths in Russian regions in 2020 are compared with actual deaths to measure the initial COVID impact. COVID is a real threat to high labor productivity regions and those with relatively bigger defense sectors. Corruption is surprisingly found to lower excess deaths. Legacy Soviet human capital and early Putin era democracy don’t appear to impact excess deaths
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Impact of Telecommuting on Work-Family Conflict and Attitudes Among Greek Employees in Some Service Industries; Based on Working Restrictions During COVID-19 Journal of East-West Business Pub Date : 2022-07-22 Nikolaos Varotsis
Abstract Telecommuting can be a necessary and excellent means of maintaining work activity in emergencies such as the coronavirus disease 2019 (COVID-19) pandemic, when a physical workplace is unfeasible. However, it may exacerbate work–family interfaces, burden daily personal life, and negatively affect employees’ mental health. This study explored how telecommuting relates to work–family conflict
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The Impact of Firm Characteristics on Adoption of Environmental Management Practices in Russian SMEs Journal of East-West Business Pub Date : 2022-07-05 Anna Veselova, Aleksandra Sidorenko
Abstract To resolve and mitigate the ecological crisis, proactive approaches from businesses across all sectors and sizes are an imperative, with governments encouraging and pressuring them to move toward environmental sustainability. However, not all enterprises are ready to adopt EMPs, and those that do, differ substantially in the extent of their implementation. Based on the data from 984 Russian
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The Role of Uncertainty in Shaping the Relationship between Direct Investments and International Trade: Evidence from VAR Models Journal of East-West Business Pub Date : 2022-05-30 Piotr Adamczyk
Abstract In this study, we test whether uncertainty shocks can affect the choice between direct investments and international trade as competitive modes of operating on foreign markets. In order to verify this, we built simple investments-to-trade ratios and used them with selected uncertainty measures in VAR models. Our analysis shows that in the case of the Polish manufacturing sector, different
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Can Remittance Inflow Fosters Economic Growth? What Matters? Evidence from Sub-Sahara African Countries Journal of East-West Business Pub Date : 2022-05-24 Belesity Bekalu Ayenew
Abstract This study investigates the impact of remittance inflow on the economic growth of sub-Saharan African countries by considering the role of financial sector development, institutional quality, and economic freedom. The study includes 26 sub-Sahara African countries over the period 2010–2019. By employing the two-step system GMM, the finding shows remittance alone hurts economic growth. When
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Generation Diverse Talent Management Practices: Main Determinants and its Influence on Firm Performance Journal of East-West Business Pub Date : 2022-05-18 Marina Latukha, Anna Kriklivetc, Felix Podgainyi
Abstract Implementation of diverse talent management (TM) practices allows enhancing diversity and inclusion and may influence organizational outcomes. The paper investigates the relationship between generation diverse TM practices and firm performance. We use the data from 82 companies to reveal factors that shape generation diverse TM practices. We claim that there is a positive link between those
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Mediating Effects of Strategy and Structure between Environmental Predictability, Information Technology Usage and the Performance of NGOs Journal of East-West Business Pub Date : 2022-05-10 Ali Coskun, Hasan Metin, Cemil Kuzey
Abstract Strategy development and appropriate organizational structure are crucial for the management of non-governmental organizations (NGOs). Performance is also an essential concept for NGOs, even they perform on a volunteer basis. This study focuses on NGO’s strategy and organizational structure and tests their mediating roles between contingency factors (environmental predictability and information
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Implementing Well‐Being Practices through Russian Context: HRD Perspective Journal of East-West Business Pub Date : 2022-03-15 Antonina Lisovskaia
Abstract As the understanding of well-being expands, organizations now see well-being as one of the focal areas of their interest. This paper provides evidence from Russian organizations that illustrate key issues of well-being program adoption and management. A qualitative research study was conducted with representatives from human resource development departments (further -HRD). The findings indicate
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The Relationship between the Employment of Expatriates and the Subsidiary Performance of Multinational Companies in Five CEE Countries Journal of East-West Business Pub Date : 2022-02-22 János Fehér, Péter Kollár, Mag. Ádám Szobi, Anna Urbán, József Poór
Abstract Based on quantitative and qualitative empirical methods this research adds to the understanding of the control of subsidiaries through expatriates by investigating the issue specifically in the CEE region. In this study the multifaceted contributions of expatriates to the control and operations of subsidiaries are emphasized, although a significant positive relationship between the use of
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Trade in Services in Kazakhstan: How Did the Entry into the EAEU Affect It? Journal of East-West Business Pub Date : 2022-02-17 Assel Zhunussova, Raushan Dulambayeva
Abstract This paper investigates the factors important for bilateral services trade between Kazakhstan and other countries. The subject of this article is trade in services in Kazakhstan. Our goal is to determine the factors significantly affecting trade in services in Kazakhstan. Our central hypothesis is that the Eurasian economic union (EAEU) membership was not essential for trade in services in
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Foreign Direct Investment and the Role of Institutional Framework: Evidence from Greek Outward FDI Journal of East-West Business Pub Date : 2022-01-04 Dimitris Giakoulas, Konstantina Louloudi, Constantina Kottaridi, Pantelis Pantelidis
Abstract The present study analyses MNEs’ internationalization’s strategic motivation within different institutional and regulatory contexts through a study of Greek firms. Based on home country deficiencies, the study conceptualizes different internationalization motives in different regions, particularly CEECs and Western European countries. We use a unique database consisting of macro- and micro-level
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Does Innovation Capital Mediate the Link between Human Capital Investment and Financial Performance? An International Investigation Journal of East-West Business Pub Date : 2021-10-17 Cemil Kuzey, Muhammet Sait Dinc, Ahmet Akin, Halil Zaim
Abstract Using a comprehensive database of 6,331 firms obtained from 78 countries, this study examines the impact of human capital investment in employee training and development upon the firm financial performance through the research and development intensity of innovation capital. Various analyses were employed, including descriptive statistics, Pearson’s correlation analysis, and mediation analysis
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Regional Expansion of Emerging Market Banks: Evidence from the Middle East Journal of East-West Business Pub Date : 2021-10-03 Canan Yildirim, Belma Öztürkkal
Abstract This study investigates challenges and opportunities that regionally expanding emerging market banks face. We focus on four leading Middle Eastern banks’ internationalization trajectories and performances by employing a case study approach. We first examine the four banks’ choices of target markets, entry sequencing, and entry modes over time and then analyze their entry strategies and post-entry
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Digital Health Studies: Business and Management Theory Perspective Journal of East-West Business Pub Date : 2021-09-12 Eduard Oparin, Andrei Panibratov, Liubov 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
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Australia’s Free Trade Agreements (FTAs) and Potentiality of Wheat Exports: A Panel Gravity Model Approach Journal of East-West Business Pub Date : 2021-09-22 Krishna P. Timsina, Richard Culas
Abstract This paper estimates the trade creation and export diversion effects of different Australia’s free trade agreements (FTAs) using the panel data from 1996 to 2017. The heteroscedasticity robust Regression Error Specification Test confirms the relevance of Poisson Pseudo Maximum Likelihood estimator over Ordinary Least Square estimator. Results showed that the total trade creation effects of
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The Impact of Coronavirus on Australian Public Sector Employees Journal of East-West Business Pub Date : 2021-09-21 Hanan AlMazrouei, Robert 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
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Is the Use of Integrated Performance Measurement System by Banks Really “Integrated”? A Structural Equation Modeling Approach Journal of East-West Business Pub Date : 2021-03-14 Babajide Oyewo, Rabiu 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
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Top Management Team Characteristics and Performance of Banks in Russia Journal of East-West Business Pub Date : 2021-03-09 Elena Prosvirkina, Bert 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
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Regional HRM Trends in Private and Public Sectors: A Comparative Approach Journal of East-West Business Pub Date : 2021-02-11 József Poór, Denise Mary Jepsen, Boróka Viktória Musztyné Bátfai, Zsuzsanna Pótó, Klara Veresné Valentinyi, Zsuzsa Karoliny
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
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Entrepreneurship and Economic Growth: Evidence from G-20 Economies Journal of East-West Business Pub Date : 2021-01-19 Shweta Gautam, Madan 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
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Investigating Country-Level Determinant Factors on Ethical Behavior of Firms: Evidence from CEE Countries Journal of East-West Business Pub Date : 2021-01-12 Cristina Boţa-Avram, Adrian Groşanu, Paula Ramona 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
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Social Media in Employer Branding in FMCG in Russia: Millennials’ Perspective Journal of East-West Business Pub Date : 2020-12-29 Dmitry Kucherov, Ekaterina Zhiltsova
Abstract The goal of this article is to investigate the impact of corporate social media on the perception of employer brand image and employer attractiveness which, in turn, could lead to application intention of Millennials in FMCG industry in Russia. The research model was tested through questionnaire from 119 bachelors, masters, and graduates in the Russian leading business school. The empirical
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Earnings Manipulation and Financial Distress in the Eurozone and the Role of Auditor Size during the Current Recession Journal of East-West Business Pub Date : 2020-11-23 Maria I. Kyriakou
Abstract This study aims to investigate the impact of financial distress on discretionary accruals, i.e. earnings manipulation, and the role of the Big4 or non-Big4 auditors during the economic recession. The four biggest Eurozone countries (Germany, France, Italy and Spain) are examined using the generalized method of moments (GMM) methodology, and the years have been separated into pre-crisis and
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Economic Sanctions Disruption on International Trade Patterns and Global Trade Dynamics: Analyzing the Effects of the European Union’s Sanctions on Russia Journal of East-West Business Pub Date : 2020-10-12 June Borge Doornich, Andreas Raspotnik
Abstract Governments frequently use economic sanctions to influence or undermine the political actions or regimes of other countries. This case study of the economic sanctions imposed by the European Union on the Russian Federation in response to the annexation of the Crimean Peninsula serves as an illustrative example that provides new, in-depth insights into the implications of economic sanctions
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The Subprime Crisis and Its Influence on Public, Private and Financial Sectors in European Countries Journal of East-West Business Pub Date : 2020-10-12 Catarina Soares, Adelaide Figueiredo, Fernanda Figueiredo
Abstract The subprime crisis was a global financial crisis that affected a large number of countries and, in particular, the European economies. In this paper we considered fourteen variables associated to the public, private and financial sectors, in order to analyze the main vulnerabilities, differences and similarities observed in twenty-seven European countries. The statistical analysis was performed
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The Spillover Effect of Euribor on Southeastern European Economies: A Global VAR Approach Journal of East-West Business Pub Date : 2020-10-12 Petros Golitsis, Sotirios K. Bellos, Athanasios P. Fassas, Sercan Demiralay
Abstract In this paper we employ a Global Vector Autoregressive Model (G-VAR) to examine macroeconomic and international monetary spillovers within the South Eastern European Countries over the period 2002–2016. In particular, we investigate how shocks in Euribor affect domestic interest rates, real effective exchange rates, foreign exchange reserves and the industrial production in six countries,
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Barriers to FDI in the European Union Countries: The Perception of Foreign Subsidiaries Journal of East-West Business Pub Date : 2020-09-28 Rosa Forte, Claudia Paiva
Abstract Literature on FDI location determinants has adopted a macro approach, and only few studies have followed a micro perspective, analyzing FDI barriers in the EU. This study aims to fill this gap through an exploratory study based on the perceptions of 42 foreign subsidiaries established in the EU since 2010. Results indicate that bureaucracy and labor market structure and regulations are the
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Russian Territories of Outrunning Development in Mono-Cities: Current and Prospective Opportunities for Foreign Investment into Manufacturing Journal of East-West Business Pub Date : 2020-05-22 Igor Gurkov, Alexandra Kokorina, Zokirzhon Saidov
Abstract The paper describes a new form of investment attraction recently introduced in Russia—territories of outrunning socio-economic development (TOSEDs). These initiatives provide tax and other benefits to 20 territories in the Far East and to 90 cities in which a considerable number of jobs are concentrated in a single factory (mono-cities). Using secondary sources and interviews, we present the
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Sanctions and Countersanctions Concerning the Russian Federation: The Czech Business Perspective Journal of East-West Business Pub Date : 2020-04-22 Vít Hinčica, Hana Řezanková, Grace Worcester
Abstract The goal of the paper is to assess how Czech businesses have been impacted by the sanctions and countersanctions and their opinions on the issue. Companies being members of the Chamber of Trade and Industry for CIS Countries were addressed. From the surveyed companies that traded with Russia before 2014 and are currently engaged in trade with Russia, it was made evident that their overall
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Trade Effects of the EU–South Korea Free Trade Agreement in the Automotive Industry Journal of East-West Business Pub Date : 2020-02-27 Mathias Juust, Priit Vahter, Urmas Varblane
Abstract The EU–South Korea free trade agreement (FTA) represents a case of comprehensive trade liberalization between two major economies with large automotive industries. This article examines and compares the total and automotive industry trade effects of the EU–South Korea FTA. The empirical gravity analysis shows asymmetric effects between the bilateral exports of EU and Korea. Trade-enhancing
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Knowledge Management Practices as a Source of a Firm’s Potential and Realized Absorptive Capacity Journal of East-West Business Pub Date : 2020-01-30 Louisa Selivanovskikh, Marina Latukha, Ekaterina Mitskevich, Sergey Pitinov
Abstract This paper aims to assess the connections between knowledge management practices and a firm’s potential and realized absorptive capacities. We use hierarchical multiple regression to test our theoretical framework using survey data collected from 94 Russian firms. By critically reviewing the antecedents of particular absorptive capacity subsets at the managerial, intra-organizational and
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Export Promotion Programs: Differences between Advanced and Emerging Economies Journal of East-West Business Pub Date : 2020-01-20 Joana Ribeiro, Adelaide Figueiredo, Rosa Forte
Abstract This paper compares the export promotion system of advanced and emerging economies in fifty countries. Results show that advanced economies offer, on average, more complete export promotion system, i.e. a greater variety of Export Promotion Programs (EPPs) than emerging economies. Advanced countries offer more financial support, informational services, facilitating activities and education
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The Impact of Governance Quality on Subsidiaries’ Performance: A Survey Analysis from Turkey Journal of East-West Business Pub Date : 2020-01-17 Dimitris Manolopoulos, Aristides Bitzenis, Ekrem Tatoğlu
Abstract We employ the quality of governance to study the impact of local institutional context on foreign subsidiaries’ performance. We propose and empirically document that local institutional quality has growth-enhancing effects on subsidiary growth. More specifically, we show that political stability, government effectiveness, regulatory quality, and rule of low are positively and significantly
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From New Emerging to New Emerging Markets Stuck in between Opportunity and Risk: Internationalization of Turkish Firms in Romania Journal of East-West Business Pub Date : 2020-01-16 Gozde Yilmaz, Amjad Hadjikhani, Anna Bengtson
Abstract The focus of this paper is to study how MNCs from new emerging markets manage the opportunity development in other new emerging markets. The aim is to propose a theoretical frame based on business network theory holding the concepts of opportunity development, risk, knowledge, and commitment used to analyze the Turkish firm’s behavior in Romania. With the infusion of risk tolerance concept