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Exploring ethical business in central Europe: Leaders' values and perspectives on good practices

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dc.title Exploring ethical business in central Europe: Leaders' values and perspectives on good practices en
dc.contributor.author Perényi, Áron
dc.contributor.author Selvarajah, Christopher
dc.contributor.author Tanas, Janusz
dc.contributor.author Tučková, Zuzana
dc.contributor.author Odrowaz-Coates, Anna
dc.contributor.author Tóth-Bozó, Brigitta
dc.contributor.author Minarova, Martina
dc.relation.ispartof Sustainability (Switzerland)
dc.identifier.issn 2071-1050 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2020
utb.relation.volume 12
utb.relation.issue 2
dc.type article
dc.language.iso en
dc.publisher MDPI AG
dc.identifier.doi 10.3390/su12020670
dc.relation.uri https://www.mdpi.com/2071-1050/12/2/670
dc.subject sustainable economic development en
dc.subject institutions en
dc.subject leadership en
dc.subject ethics en
dc.subject Central Europe en
dc.description.abstract Weaknesses in the institutional environment of Central Europe challenge the sustainability of economic development. Institutional theory stipulates that institutions drive economic development, and institutions are configured by individual values and practices. The World Governance Indicators, the Corruption Perception Index, and the Doing Business Indicators indicate weaknesses in the institutional environments of the Visegrad countries. This paper explores the micro level perspective of institutions, focusing on values and practices, in terms of leadership and ethics. A survey of 868 private and public sector managers from Czech Republic, Hungary, Poland, and Slovakia provides evidence that leadership practices and ethical values are congruent, suggesting a positive influence on the institutional environment. The results also provide evidence for the presence of the gap, spanning between the micro and the macro level factors affecting sustainable economic development. These results imply that a bottom-up view of sustainable economic development is more suitable to the Central European context, and promotion of sustainable economic development needs to focus on the micro level factors. © 2020 by the authors. en
utb.faculty Faculty of Logistics and Crisis Management
dc.identifier.uri http://hdl.handle.net/10563/1009606
utb.identifier.scopus 2-s2.0-85079761582
utb.identifier.wok 000516824600228
utb.source j-scopus
dc.date.accessioned 2020-03-12T14:04:41Z
dc.date.available 2020-03-12T14:04:41Z
dc.description.sponsorship International Visegrad Fund [21220297]; Swinburne University of Technology
dc.rights Attribution 4.0 International
dc.rights.uri http://creativecommons.org/licenses/by/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Tučková, Zuzana
utb.fulltext.sponsorship The authors acknowledge the generous in-kind contributions of project partner institutions and hard work of their representatives (not listed as authors) from Tomas Bata University (Sarka Fialova), Budapest University of Technology and Economics (Dietmar Meyer), Hungarian Economic Association (Tamas Halm, Miklos Gabor Nagy), The Maria Grzegorzewska Academy of Special Education (Maciej Tanaś, Andrzej Chudzik, Maciej Tysarowski, Mariusz Fila), The Helena Chodkowska University of Management and Law (Ryszard Grosset, Rafal Uhl, Marcin Anszczak) and Matej Bel University (Dana Bencikova, Maria Sekova, Anna Vanova, Tamara Kurilova). Full details of the project are available at: https://sites.google.com/site/v4lead/home.
utb.wos.affiliation [Perenyi, Aron; Selvarajah, Christopher] Swinburne Univ Technol, Swinburne Business Sch, Melbourne, Vic 3122, Australia; [Tanas, Janusz] Australian Catholic Univ, Peter Faber Business Sch, East Melbourne, Vic 3002, Australia; [Tuckova, Zuzana] Tomas Bata Univ Zlin, Fac Logist & Crisis Management, Uherske Hradiste 1532, Czech Republic; [Odrowaz-Coates, Anna] Maria Grzegorzewska Univ Warsaw, Social Pedag Dept, PL-02353 Warsaw, Poland; [Toth-Bozo, Brigitta] Budapest Univ Technol & Econ, Dept Econ, Magyar Tudosok Korutja 2, H-1111 Budapest, Hungary; [Minarova, Martina] Matej Bel Univ, Fac Econ, Banska Bystrica 97401, Slovakia
utb.scopus.affiliation Swinburne Business School, Swinburne University of Technology, Melbourne, VIC 3122, Australia; Peter Faber Business School, Australian Catholic University, East Melbourne, VIC 3002, Australia; Faculty of Logistics and Crisis Management, Tomas Bata University in Zlín, Studentské nám., 1532, Uherské Hradiště, Czech Republic; Social Pedagogy Department, Maria Grzegorzewska University in Warsaw, Warsaw, 02-353, Poland; Department of Economics, Budapest University of Technology and Economics, Magyar tudósok körútja 2., Budapest, 1111, Hungary; Faculty of Economics, Matej Bel University, Banská Bystrica, 974 01, Slovakia
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Attribution 4.0 International Except where otherwise noted, this item's license is described as Attribution 4.0 International