scholarly journals Differences in Occurrence of Unethical Business Practices in a Post-Transitional Country in the CEE Region: The Case of Slovakia

2021 ◽  
Vol 13 (6) ◽  
pp. 3412
Author(s):  
Anna Lašáková ◽  
Anna Remišová ◽  
Ľubica Bajzíková
Keyword(s):  
Transition Process ◽  
Business Practices ◽  
Organizational Fields ◽  
Professional Networks ◽  
Construction Company ◽  
Industry Sector ◽  
Proportional Allocation ◽  
Transitional Country ◽  
Unethical Practices ◽  
Communist Past

This study aims to contribute to the understanding of unethical practices in business and asks whether certain types of organizations are considerably more exposed to unethical business practices than others are. Drawing from the tenets of institutional theory, the paper investigates the occurrence of unethical practices in different organizational “fields”, namely the industry sector (with focus on Finance and Construction), company membership in professional networks, company ownership (public/private), and company age. The method of stratified random sampling by proportional allocation is used to establish the sample (n = 1295), composed mostly of company owners and higher managers. Results show that, in general, the industry sector, membership in professional networks, and company age are associated with significant variance in the perceived incidence of unethical practices, whereas company ownership has no significant effect in this regard. More specifically, the construction sector is significantly more exposed to unethical practices than other sectors in the sample, while the finance sector is not. Companies with membership in professional networks report a significantly lower occurrence of unethical practices. Young companies are significantly more exposed than their more mature counterparts; however, here the effect of company size must be accounted for. The research was conducted in one of the former CEE block countries—Slovakia. Given their common communist past and comparable peripeties with the transition process, these findings might be useful for understanding business ethics issues in a wider context of the CEE region.

scholarly journals BIM Transition Process in Construction Companies

2019 ◽  
Vol 2018 (1) ◽  
Keyword(s):  
Information Technologies ◽  
Transition Period ◽  
Three Dimensional ◽  
Transition Process ◽  
Information Modeling ◽  
Long Term Effects ◽  
Construction Company ◽  
Construction Companies ◽  
Building Information ◽  
Support Engineering

Building Information Modeling (BIM) is considered among the most challenging developments in the Architectural, Engineering, and Construction (AEC) industries. BIM is a software based three-dimensional design process that helps the AEC staff obtain and manage the digitally represented building data to support engineering, construction, procurement, and installation activities. The diffusion of the BIM approach in the construction industry has gained acceleration in the last decade. With the advances in information technologies, existence of highly capable commercial software packages, and mandates dictated by the clients, many construction companies have started to employ BIM in their projects. This study aims to investigate the BIM transition process in the construction companies. An interview has been conducted with the executives of a Turkish construction company to analyze the BIM transition process, through three main phases: pre-transition period, transition period, and post-transition period. In the pretransition period, the motivations of the company to adopt the BIM approach are examined. In the transition period, the challenges encountered and preventive measures taken are indicated. In the post-transition period, the short- and long-term effects of adopting the BIM approach are discussed. The study is expected to guide the construction professionals that intend to implement BIM in their transition process.

scholarly journals Towards a BIM-based System Integrated to a Virtual Reality Platform

2019 ◽  
Vol 2018 (1) ◽  
Keyword(s):  
Information Technologies ◽  
Transition Period ◽  
Three Dimensional ◽  
Transition Process ◽  
Information Modeling ◽  
Long Term Effects ◽  
Construction Company ◽  
Construction Companies ◽  
Building Information ◽  
Support Engineering

Building Information Modeling (BIM) is considered among the most challenging developments in the Architectural, Engineering, and Construction (AEC) industries. BIM is a software based three-dimensional design process that helps the AEC staff obtain and manage the digitally represented building data to support engineering, construction, procurement, and installation activities. The diffusion of the BIM approach in the construction industry has gained acceleration in the last decade. With the advances in information technologies, existence of highly capable commercial software packages, and mandates dictated by the clients, many construction companies have started to employ BIM in their projects. This study aims to investigate the BIM transition process in the construction companies. An interview has been conducted with the executives of a Turkish construction company to analyze the BIM transition process, through three main phases: pre-transition period, transition period, and post-transition period. In the pretransition period, the motivations of the company to adopt the BIM approach are examined. In the transition period, the challenges encountered and preventive measures taken are indicated. In the post-transition period, the short- and long-term effects of adopting the BIM approach are discussed. The study is expected to guide the construction professionals that intend to implement BIM in their transition process.

scholarly journals Central and Eastern European Experience of the X-Culture Project in Teaching International Management and Cross-Cultural Communication

2018 ◽  
Vol 10 (1) ◽  
pp. 5-41
Author(s):  
József Poór ◽  
Csaba Kollár ◽  
Zoltán Szira ◽  
Vas Taras ◽  
Erika Varga
Keyword(s):  
International Student ◽  
Value Added ◽  
Business Environment ◽  
Business Practices ◽  
Development Programs ◽  
Professional Networks ◽  
Business Plans ◽  
Cross Cultural Communication ◽  
European Experience ◽  
Course Material

Abstract Objective: Our paper examines the X-Culture challenges and experience through the eyes of professors and students alike and draws attention to the significance of such projects in international business practices in addition to examining the key influencing factors of interculturalism and ICT technologies. Methodology: The students were asked to share their experience with us in a report or at an interview. Most participants considered the program to be very useful. They made the greatest progress in understanding and communicating with others and also appreciated working and collaborating with the others from different working cultures. The research was carried out in the countries of Eastern Europe to present our experience. Findings: One of the consequences of globalization is that the various forms of contact are becoming independent of place. Adaptation to the new dimensions can be eased if the students can take part in international cooperation. A lot of students have improved their chances of landing an attractive job on the labor market and extended their social and professional networks by participating in X-Culture International Student Collaboration Project. Challenges were posed mainly by differences in time, but also cultural differences and language barriers were frequent. Value Added: The students of our universities have taken part in the X-Culture program. In addition to studying the course material and gaining special skills in writing business plans, challenges can be experienced, and best practices learned. Recommendations: It is extremely important in shaping the business environment of future workplaces so that is why such programs should be included in the curricula of business schools and management development programs.

scholarly journals Identifikasi Efektifitas Faktor Pada Proses Kerja Engineering Kontraktor di Proyek Konstruksi Secara Jarak Jauh di Masa Pandemi Covid-19

2020 ◽  
Vol 3 (2) ◽  
pp. 97
Author(s):  
Ryan Faza Prasetyo
Keyword(s):  
Construction Industry ◽  
Construction Sector ◽  
Engineering Process ◽  
Social State ◽  
Design Fixation ◽  
Construction Company ◽  
Industry Sector ◽  
Work From Home ◽  
The Social ◽  
Job Safety

<p><em>Covid-19 pandemic affected all of the country. Not only affected public’s health, pandemic also massively affected the social state and country’s economy. Some of the country already entering the recession, not limited to Indonesia. One of contributed sector in Indonesia’s economy is construction industry sector which this sector now in declining growth. The implementation of Work-from-Home (WFH) in construction company is one of many ways so the economy and construction sector in Indonesia keep on the track. On contrary, contractor’s engineering process in project need intensed communication with stakeholder and direct monitoring so it’s against the WFH concept. This research aim to know the effectivity of every contractor’s engineering process in project during pandemic. The result of research found that quantity survey process, making of method statement, and job safety analysis are effective enough to do with WFH concept. While the process of site construction progress calculation, design fixation, and shopdrawing process and approval are not effective to do wih WFH concept.</em></p>

Factors influencing sustainability reporting by Sri Lankan companies

2019 ◽  
Vol 31 (1) ◽  
pp. 84-109 ◽  
Author(s):  
Dinithi Dissanayake ◽  
Carol Tilt ◽  
Wei Qian
Keyword(s):  
Sri Lanka ◽  
Panel Data Analysis ◽  
Sustainability Reporting ◽  
Listed Companies ◽  
Company Size ◽  
Sri Lankan ◽  
Business Practices ◽  
Global Business ◽  
Content Type ◽  
Industry Sector

Purpose This paper aims to investigate the key company characteristics which influence sustainability reporting by publicly listed companies in Sri Lanka. Design/methodology/approach Panel data analysis is conducted to analyse sustainability reporting of 84 publicly listed companies from 2012 to 2015. Findings Company size and usage of the GRI guidelines are found to be the most relevant company characteristics associated with sustainability reporting by listed companies in Sri Lanka. Unexpectedly, ownership and industry sector do not show strong influences on the extent of sustainability reporting over the study period compared with prior studies. Research limitations/implications Large companies which follow the GRI guidelines are more likely to report in an elaborate manner, indicating the influence of standards setting bodies in Sri Lanka. This means Sri Lankan companies pay attention to global business practices, given the current re-development phase Sri Lanka is experiencing after the end of the civil war. Originality This study is one of the few studies that examine sustainability reporting in a country set against a backdrop of war in the South Asian region. Besides this, it extends the previous research on sustainability reporting and variables such as company ownership, GRI usage, company size and industry sector in a developing country context.

scholarly journals A Review of The Unethical Business Practices That Causes Loan Default in Small Scale Enterprises in Port Loko Municipality in Sierra Leone

2021 ◽  
Vol 7 (2) ◽  
pp. 183-194
Author(s):  
Edmund Benedict Amara
Keyword(s):  
Sierra Leone ◽  
Ethical Issues ◽  
Pearson Correlation ◽  
Primary Objective ◽  
Small Scale ◽  
Business Practices ◽  
Loan Default ◽  
Unethical Practices ◽  
Income Stream ◽  
The Unemployed

Small scale enterprises are an income stream for the unemployed and under-employed in Sierra Leone. The financing of such a venture is from the loan capital of Micro Finance Institutions and other credit agencies in the country. Default in the repayment of loan capital within prescribed conditions has been an issue because of the unethical practices of lenders and borrowers and hence concern for studies. The primary objective of the study is to do a review on the unethical business practices that causes loan default in small-scale enterprises in Port Loko municipality in Sierra Leone. Such studies will avail recommendations that shall be instruments to minimize the rate of unethical practices of borrowers and lenders within the Pot Loko Municipality. The Specific objectives of the study are to know the attitudes of Lenders and borrowers that influence loan default. Questionnaires were administered to respond to Researched Questions which were framed from the research objectives. Also, Reviews of others writers were done with regard ethical issues. The researcher Used the Likert Scale in preparing and administering the questionnaire. Opinions of Respondents were analyzed using the Structured Package for Social Sciences. The following analyses were done: i) Percentage Analysis, ii) Analysis of correlation by use of the Pearson Correlation. iii). Analysis of coefficient iv) Analysis of Model summary v) Analysis of Anova. From the study, the Researcher discovered that Unethical business practices like bribe-taking and other dishonest games are predominant between lenders and borrowers, and these practices have greatly influenced loan default in small-scale enterprises in Port |Loko Municipality in Sierra Leone and have a significant relationship on loan default.

scholarly journals Multidimensional Ethical Dilemmas of Contemporary Organizations: A Literature Review

2019 ◽  
Vol 5 (3) ◽  
pp. 7-18
Author(s):  
Ugonna Augustina Ofurum ◽  
Justin Mgbechi Odinioha Gabriel ◽  
Keyword(s):  
Corporate Image ◽  
Business Practices ◽  
Market Failures ◽  
Ethical Theories ◽  
Ethical Practices ◽  
Unethical Practices ◽  
Self Interest ◽  
Business Philosophy ◽  
Bad Leadership ◽  
Financial Losses

This paper reviewed the literature on ethics, ethical theories, ethical principles; as well as the implications of unethical practices in organizations. The study revealed that unethical business practices have devastating consequences on organizations; since they result in poor corporate image, financial losses; market failures and sometimes complete corporate collapse. It was further observed that corruption, bad leadership, poor corporate governance, conflict of interest, lack of accountability, inadequate CSR, abusive and intimating behaviors among others are common in most organizations. The paper concludes that it is beneficial and in the enlightened self -interest of organizations to adopt good ethical practices. The paper also recommends that managers’ should ensure that ethical standards are crafted in their business philosophy and strategic intents in order to build and maintain a good corporate image.

scholarly journals Unethical practices in the Slovak business environment: Entrepreneurs vs. the State?

2020 ◽  
Vol 10 (1-2) ◽  
pp. 78-95
Author(s):  
Anna Remišová ◽  
Anna Lašáková
Keyword(s):  
Business Ethics ◽  
State Level ◽  
Business Environment ◽  
The State ◽  
Business Practices ◽  
Self Reflection ◽  
Proactive Approach ◽  
Unethical Practices ◽  
Business Entities

AbstractThis paper critically analyses one of the unexpected results of qualitative research aimed at detecting the presence of unethical business practices in Slovakia. The authors seek to find out why entrepreneurs participating in this research do not take responsibility for the development of business ethics and why, in their primary reflections on unethical practices in the Slovak business environment, have they shifted it almost completely to the State level (1), and whether their attitude is morally justified (2). The main theoretical foundation in the following analysis is the theory of development of business ethics on three levels (micro, mezzo and macro), also known as the “subject-matter of business ethics” approach. The paper discusses attitudes of the research sample, including Slovak entrepreneurs and company representatives, towards the State, and the consecutive critical reflection of their opinions shows that businesspersons tend to give up on their own proactive approach to the development of business ethics and position themselves in the role of an “expectant” instead of a “creator” of ethical standards in society. Furthermore, the paper points out that businesses lack ethical self-reflection in relation to corruption, more precisely, they lack reflection of their place in the corrupt relationship with the State. Given these findings, the paper concludes that an essential basis for the long-term development of business ethics in our country is the establishment of partnerships between the State and business entities, while recognizing the place of nongovernmental democratic institutions.

scholarly journals THE ROLE OF STATEGIC MANAGEMENT IN TRANSITION CONDITIONS

2019 ◽  
Vol 34 (5) ◽  
pp. 1549-1552
Author(s):  
Anita Cucoviċ
Keyword(s):  
Institutional Environment ◽  
Transition Process ◽  
Developed Countries ◽  
Transition Countries ◽  
Business Practices ◽  
Developed Economies ◽  
Corporate Strategies ◽  
Business Partners ◽  
Complete Failure

One of the most significant socio-economic challenges at the beginning of the new millennium has been the transformation of post-socialist systems into systems that can meet the challenges of a predominantly capitalist world economy.Multinational companies become directly involved in this transition process when acquiring in one of the former socialist economies, especially when engaging in local businesses. They are confronted with a particular institutional environment that pre-determines strategic opportunities for the enterprise and limits the application of Western firms business practices and organizational concepts. Thus, the strategies observed in transition countries are different from those applied in successful and developed economies, and strategies that prove successful in one country may be a complete failure in another. Corporate strategies in transition countries and other emerging markets can only be explained by including a specific institutional context in the analysis. This creates challenges that are fundamentally different from the experience of managers of developed countries and firms with foreign business partners. a particular challenge is the acquisition and subsequent integration of state-owned enterprises.

Green Business Practices: Doing Good and Looking Good

2011 ◽  
Author(s):  
Chelsea R. Willness ◽  
Derek S. Chapman ◽  
David A. Jones ◽  
Stephan Dilchert
Keyword(s):  
Business Practices ◽  
Green Business
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