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Scientific paper - Original scientific paper
How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries
Central European Business Review, 11 (2022), 4; 85-110. https://doi.org/10.18267/j.cebr.300
Valaskova, Katarina; Gajdosikova, Dominika; Pavić Kramarić, Tomislava

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Valaskova, K., Gajdosikova, D. & Pavić Kramarić, T. (2022). How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries. Central European Business Review, 11. (4), 85-110. doi: 10.18267/j.cebr.300

Valaskova, Katarina, et al. "How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries." Central European Business Review, vol. 11, no. 4, 2022, pp. 85-110. https://doi.org/10.18267/j.cebr.300

Valaskova, Katarina, Dominika Gajdosikova and Tomislava Pavić Kramarić. "How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries." Central European Business Review 11, no. 4 (2022): 85-110. https://doi.org/10.18267/j.cebr.300

Valaskova, K., Gajdosikova, D. and Pavić Kramarić, T. (2022) 'How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries', Central European Business Review, 11(4), pp. 85-110. doi: 10.18267/j.cebr.300

Valaskova K, Gajdosikova D, Pavić Kramarić T. How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries. Central European Business Review [Internet]. 2022 [cited 2025 April 03];11(4):85-110. doi: 10.18267/j.cebr.300

K. Valaskova, D. Gajdosikova and T. Pavić Kramarić, "How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries", Central European Business Review, vol. 11, no. 4, pp. 85-110, 2022. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:227:509121. [Accessed: 03 April 2025]

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Metadata
Title (english)How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries
AuthorKatarina Valaskova
AuthorDominika Gajdosikova
AuthorTomislava Pavić Kramarić
Author's institutionUniversity of Split
University Department of Forensic Sciences
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
The business environment, its quality, and its development are important indicators of the global competitiveness of individual economies. The situation is enhanced in the European area, where the open community brings specific opportunities to expand and grow in new markets. However, it is not that easy to find the proper place to start a business, considering the financial performance and cost-effectiveness. Thus, the paper focuses on the comparative analysis of selected European countries... More (Slovakia, Czech Republic, Hungary, Poland, Croatia, Latvia, Lithuania, Estonia, Germany, and France) in the context of their macroeconomic and inner-markets factors in the 8-year horizon (2013-2020). The quality of the business environment is evaluated using a multi-criteria decision-making method TOPSIS and global multi-level indices such as the Global Competitiveness Index, Corruption Perception Index, and Doing Business Index. Their mutual dependence is tested by correlation coefficients. To find the statistically significant differences among the countries, the one-way analysis of variance (ANOVA) and Scheffé´s post hoc tests were used. The results reveal the subsets of countries with similar business environments, which may be beneficial in increasing the global competitiveness of enterprises. Implications for Central European audience: The comparative analysis is focused on the selected (mostly) Central European countries. This selection enables comparing the business environments with similar features and grouping them into subsets based on their economic, political, and social peculiarities. The analysis of variance proved that the business environments in Slovakia, Hungary, and Croatia are very similar, which may simplify the way of doing business in these countries. Thus, the implications of this study are crucial for better evaluation of the factors influencing the business environment, grouping attractiveness from the perspective of national enterprises, and understanding the indicators that increase the international competitiveness of enterprises. Less
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Journal titleCentral European Business Review
Numberingvol. 11, no. 4, pp. 85-110
e-ISSN1805-4862
DOIhttps://doi.org/10.18267/j.cebr.300
URN:NBNurn:nbn:hr:227:509121
Publication2022
Document URLhttps://cebr.vse.cz/pdfs/cbr/2022/04/05.pdf
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) icon
Created on2024-06-06 15:00:44
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