| Autor: |
Grzegorz Gołębiowski, Piotr Wiśniewski |
| Jazyk: |
angličtina |
| Rok vydání: |
2010 |
| Předmět: |
|
| Zdroj: |
Contemporary Economics, Vol 4, Iss 1, Pp 1-235 (2010) |
| Druh dokumentu: |
article |
| ISSN: |
2084-0845 |
| Popis: |
Corporate longevity is - in essence - determined by a company's intrinsic competitive advantage (sometimes dubbed a "moat") as well as exogenous factors: from business doing ease - to broader, macroeconomic and strategic factors. In this study, we have endeavoured to compare the business environments and corporate sectors of two recent entrants into the European Union: Estonia and Poland. Overall, Estonia, thanks to greater resolve in post-communist liberal transition, has consistently ensured a superior corporate governance framework. Surprisingly, it is the macroeconomic and strategic steadiness that led to higher corporate survival in Poland. The global economic crisis of 2007-2009 is expected to further back this claim, as the patterns of macroeconomic growth for both countries are set to widen. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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