Eastern Europe nowadays represents an important and attractive economic area for foreign direct investment. Determinants of investments have converged with those of other European countries. However, it has been argued that a differentiated East-West structure still exists in Europe. This study...

Through a survey of CEOs of Russian industrial companies administered in the second half of 2011 we have tried to understand the forces that lead some firms to decide to engage in more innovative activities than others and examined the types of routines associated with this decision. We found...

Social Darwinism suggests that in crisis situations leaders have to be replaced by better fitting leaders. An opposing school argues that leaders, based on their personality, are successful in all situations and therefore can master all situations including a crisis. A third view concludes that...

The current global financial and economic crisis has brought into prominence the patterns of economic modernisation of post-socialist countries in the Central and Eastern European (CEE) region. One of the key factors of successful modernisation and sustainability of competitiveness in these...

This paper addresses the determinants of foreign direct investment (FDI) ownership mode choice of firms in Central and Eastern Europe (CEE) based on three most important theoretical paradigms of IB studies i.e. transaction cost economics, resource based view and institutional theory. The...

This paper contributes to SME internationalization theory by offering region-specific propositions on early internationalization of Central and Eastern European (CEE) firms. We suggest that special treatment of international new ventures from CEE transition economies is justified due to...

This research looks at legitimacy challenges of SMEs evolving in transition environments. Facing lower visibility, higher institutional pressures and limited resources, SMEs experience stronger need to demonstrate their legitimacy, their adherence to the requirements of evaluating audiences. Two...

The focus of the present study is the management practice of disclosing disaggregated (financial) information in a company’s annual report. In this study, a sample of 232 Slovenian unlisted companies has been examined. The results show that less than a quarter of the companies disclose...

Dynamic changes of economic structures resulting partially from globalization processes and international integration, strengthened by technological development induce economic entities to search for strategic as well as operational solutions that enable to gain and maintain competitive...

This study investigates the impact of financial resource availability on entrepreneurial orientation (EO), customer orientation (CO) and on growth in small- and medium-sized enterprises (SME) in Austria and Hungary. Structural equation modeling revealed that financial resource availability is...