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

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28160%2F20%3A63526004" target="_blank" >RIV/70883521:28160/20:63526004 - isvavai.cz</a>

Result on the web

<a href="https://www.mdpi.com/2071-1050/12/2/670" target="_blank" >https://www.mdpi.com/2071-1050/12/2/670</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/su12020670" target="_blank" >10.3390/su12020670</a>

Result language

angličtina

Original language name

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

Original language description

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.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Sustainability

ISSN

2071-1050

e-ISSN

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Volume of the periodical

12

Issue of the periodical within the volume

2

Country of publishing house

CH - SWITZERLAND

Number of pages

30

Pages from-to

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UT code for WoS article

000516824600228

EID of the result in the Scopus database

2-s2.0-85079761582