The Impact of Corruption on the Business in Bulgaria and Romania
| Autor: | Vladislav Krastev, Blagovesta Koyundzhiyska-Davidkova, Irina Atanasova |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Romania
Corruption media_common.quotation_subject corruption 0211 other engineering and technologies 02 engineering and technology 010501 environmental sciences 01 natural sciences Military policy Political economy Political science General Earth and Planetary Sciences 021108 energy business Bulgaria Business management 0105 earth and related environmental sciences General Environmental Science media_common |
| Zdroj: | International conference KNOWLEDGE-BASED ORGANIZATION. 25:57-62 |
| ISSN: | 2451-3113 1843-6722 |
| Popis: | Nowadays, the topic of corruption is extremely relevant, not only in terms of clarifying its nature and appearance, but also in terms of its impact on business development. Corruption as a phenomenon goes through constant changes from the past to the present. Its growing significance from a resource redistribution tool to a regulator of social mechanisms, plays the role of a risk factor for the economic development of each country. In this context, the role of corruption is crucial for the business. Its importance in the economic and business climate, on one hand limits the input of foreign capital investment and on other hand slows the development of the companies, leading to an incorrect redistribution of their assets. As a result, there are significant losses for the business, as well as there is a disturbance of the economic cycle of the country. At the same time, business is an area predisposed to corruption. There are numerous possibilities for committing crimes and unethical behavior in this area. It is therefore necessary to analyze the impact of corruption on business development. In this regard, the aim of this report is to make a comparative analysis of the impact of corruption on the business in Bulgaria and Romania. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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