Indonesian Business Environment - Varieties of Capitalims and Local Culture

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F20%3AN0000038" target="_blank" >RIV/26482789:_____/20:N0000038 - isvavai.cz</a>
Result on the web
<a href="https://www.mup.cz/data/files/IFRS2020-sbornik.pdf" target="_blank" >https://www.mup.cz/data/files/IFRS2020-sbornik.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Indonesian Business Environment - Varieties of Capitalims and Local Culture
Original language description
This paper focuses on the structure of Indonesian political economy. The main aim is to find out how socio-cultural characteristics of Indonesian society influence and explain typical coordination patterns among the key agents in Indoneisan business environment. It detail, the research aims to: (i) examine Indonesian culture through Hofstede, Trompenaars,and GLOBE Project dimensions of culture; (ii) analyze Indonesian business environment through Varieties of Capitalism (VOC) model as developed by Hall & Soskice (2001); and iii) examine how Indonesian form of capitalism is underpinned by local culture by the use of the above mentioned models. The findings suggest that the case of Indonesia can be presented as a special type of acoordinated market economy with some aspects of a liberal market economy. Although the key modes of coordination are in-group collectivism and particularistic ties, in relationships among different societal groups coordination based on market mechanism and economic efficiency is more prevalent. The analysed evidence also implies that the coordinated market economy patterns are driven by local culture while the liberal market economy coordination patterns are imported from the outside.
Czech name
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Czech description
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Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Conference Proceedings 8th International Scientific Conference IFRS: GLOBAL RULES & LOCAL USE- BEYOND THE NUMBERS
ISBN
978-80-7638-015-8
ISSN
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e-ISSN
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Number of pages
11
Pages from-to
92-102
Publisher name
Metropolitan University Prague Press & Anglo-American University
Place of publication
Praha
Event location
Praha
Event date
Oct 8, 2020
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000668335000007

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