The changing European business environment

2019 ◽  
pp. 15-28
Author(s):  
Sonja A. van Hall ◽  
Cor van Leeuwen ◽  
Egin E. Lengton ◽  
René W.H. van der Linden
Keyword(s):  
Business Environment ◽  
European Business

scholarly journals Small and Medium-Sized Enterprises, Business Demography and European Socio-Economic Model: Does the Paradigm Really Converge?

2021 ◽  
Vol 14 (2) ◽  
pp. 64
Author(s):  
Jean Vasile Andrei ◽  
Luminita Chivu ◽  
Ileana Georgiana Gheorghe ◽  
Aleksandar Grubor ◽  
Teodor Sedlarski ◽  
...  
Keyword(s):  
Economic Model ◽  
Preliminary Analysis ◽  
Union Member ◽  
Econometric Model ◽  
Well Being ◽  
Business Environment ◽  
Model Design ◽  
Tight Connection ◽  
European Business ◽  
European Union Member States

Although the European business environment induces important premises and assures conditions in determining economic growth and social well-being, the determinant and existent connections between the evolution of small and medium-sized enterprises (SMEs), business demography characteristics and the European socio-economic model have been scarcely studied in recent years. The dimensions of the European socio-economic model design a very specific framework in developing business demography and assuring a favorable environment for future SME development. The main aim of the manuscript is to investigate the evolution of the European SMEs sector and the perspective of business demography evolution to converge with exigencies of the European socio-economic model. In order to argue the research objective, eight specific and representative business demography variables were employed, from 12 European Union member states (EU-MS), during 2009–2017. Further, the SMEs’ performances, determined by changing the economic functional paradigm, were assessed. For proving this, an econometric model was designed considering labor productivity as an endogenous variable. Our preliminary analysis shows considerable differences in business demography indicators and SMEs development among all five socio-economic sub-models of the main European socio-economic model, proving a tight connection between European socio-economic models and SMEs’ performance and arguing the necessity of a paradigm convergence. Within some sub-models, there is clear evidence of clustering and convergence in terms of business demography and SMEs future development.

The European business environment

1995 ◽  
Vol 21 (4) ◽  
pp. 288-289
Author(s):  
Tapani Erling ◽  
Antero Hakapää
Keyword(s):  
Business Environment ◽  
European Business

scholarly journals Corporate scandal: Bad apples or bad design of corporate environment, the case of Proton Bank

2013 ◽  
Vol 10 (3) ◽  
pp. 61-68
Author(s):  
Themistokles Lazarides
Keyword(s):  
Business Environment ◽  
Corporate Environment ◽  
Policy Makers ◽  
Specific Data ◽  
Corporate Scandals ◽  
The Social ◽  
Market Framework ◽  
New Business ◽  
European Business ◽  
Of Greece

Corporate scandals during the last years have been proven to be stigmata on the corporate environment. Greece has been the focus point for its public financials, but it has its share of corporate scandals. The last thirty years a rapid reform has taken place in Greece. The legal, regulatory and capital market framework has changed in order to create a more comparable, compatible and isomorphic European business environment. Initiatives like the introduction of IFRS (2003-2004), corporate governance best practices (2002-2003), monitoring and auditing reforms, were some of the main tools of creating a new business environment in Greece. The paper argues, using specific data that these initiatives weren’t efficient enough, not by designers fault but because they weren’t appropriate for the fundamental characteristic of the social, political, legal and economic business environment of Greece. The paper, using the Proton bank case, shows these inefficiencies and highlights the fallacies of the policy makers in Greece and in Europe.

scholarly journals Eastern European Business Case Study In Entrepreneurship

2012 ◽  
Vol 8 (4) ◽  
pp. 437-440
Author(s):  
Shelly A. Daly ◽  
Mariia Les
Keyword(s):  
Business Case ◽  
Business Environment ◽  
Eastern European ◽  
Key Characteristics ◽  
Business Case Study ◽  
European Business ◽  
European Markets

This case looks at the new and continually evolving environment of capitalism and business in the Ukraine. While the Ukraine business environment shares key characteristics of other Eastern European markets, it is also distinct and unique in its challenges, products and people. A specific industry and entrepreneur offer insights and information that allow for understanding the opportunities present in this and similar markets.

scholarly journals In Quest of SME-Conducive Policy Formulation

2015 ◽  
Vol 20 (Sspecial Edition) ◽  
pp. 271-282
Author(s):  
H. C. J. Hanns Pichler
Keyword(s):  
Small And Medium Enterprises ◽  
Business Environment ◽  
Policy Formulation ◽  
Specific Policy ◽  
Structural Dimensions ◽  
European Business ◽  
Business Policies ◽  
Medium Enterprises ◽  
Challenging Question ◽  
Structural Significance

The very topic raises a challenging question: that is, of the role and significance, if not the “survival,” of small and medium enterprises (SMEs) and related structures amid forces, which – particularly in the sphere of industry – tend to favor the “big” over the “small” at first sight. At the same time, this points to underlying aspects and challenges of broader socioeconomic and structural dimensions with a concomitant need to formulate appropriate, more differentiated, and specifically designed business policies. Today, such challenges and related problems are seen as intertwined and multipronged, given (i) the growing international (not least as a strategic ingredient of development) perception of the role and exposure of SMEs in terms of their sector-related structural significance nationally, regionally, and globally; (ii) a closer-to-the-skin view of developments related to ongoing restructuring in the European business environment, which, in the context of SMEs, is in many ways regionally unique; and (iii) the overriding socioeconomic and systems-related aspects of a more comprehensive SME-specific policy formulation.

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