According to theoretical approaches to strategic human resource management (SHRM), knowledge about a country’s business culture and the ability to develop appropriate skills are a source of competitive advantage. This article analyses cultural standards in the transition economy of Bosnia and...

We explore the impact of an entrepreneur’s cultural capital on the performance of new ventures in both mature and transition economies. Results show that individualistic values of the founder influence early performance of new ventures, irrespective of the country context; and that in less...

Our study contributes to the literature about societal culture dimensions, as reflected by the perceptions and expectations of students and present managers. We find some similarities but also statistically significant differences between students and middle managers in Romania in terms of their...

The overwhelming empirical evidence suggests that, from the acquirer’s perspective, acquisitions are mostly at best “break-even” situations and at worst failures. Our study seeks to contribute to this pool of knowledge by analysing the performance of horizontal acquisitions. We examined...

The paper’s purpose is to add to the body of knowledge on strategy implementation by systematically studying the activities for and obstacles to strategy execution on a sample of 172 Slovenian companies. The results show that managers mostly rely on planning and organising activities when...

We test and expand the Uppsala model with a sample of 109 Austrian companies active in the CEE region, representing 1,271 entries. On the one hand, our expansion of the model is based on collective learning of firms from a specific context, an issue largely neglected in IB research. On the other...

As part of the GLOBE project, this paper explores the societal and the organizational culture of the Romanian finance industry as reflected by middle managers’ opinion. The two culture levels are compared across nine cultural dimensions. The differences between the cultural manifestations...

The legal and regulatory framework for business operation of companies for the cable distribution of radio and television programmes has been established as part of the telecommunication market liberalisation in the Republic of Serbia. This framework has encouraged the economic activity,...

We look at the wealth generated for shareholders of energy assets in Central and Eastern Europe (CEE) by the announcement of cross-border mergers or acquisitions involving a bidder from a Western industrialized country between 1995 and 2005. The impact on both the performance improvements at the...

This paper sets out to propose the techniques that enable corporations to develop and to implement robust strategies under conditions of severe uncertainty. Through the correction of the traditional definition of stakeholders I found the general algorithm for achieving robustness in corporate...