The impact of institutions, law and corruption in business environment - Evidence for Kosovo
DOI:
https://doi.org/10.14738/assrj.43.2672Abstract
Business environment across different time periods of transition is challenged from different implications, such as: political and institutional instability, inadequate laws and corruption steadily and continuously increasing in transition countries. The main overview of research paper is focused in process of reforms and priority in business environment in transition countries. Then is identify the main obstacles and difficulties that business environment is faced in Kosovo and in detail is presented the reforms that are made from Kosovo institutions in business environment over the past few years. Through OLS method are analyzed separately three main areas that are included in research paper (institutions, law and corruption in business environment). The results have shown that institutions (through business policies) have positive impact on business environment, but political stability in Kosovo has negative impact in business environment. In analysis between law and business environment is appeared that role of law has negative impact in business environment, but protecting investors (through law) has shown positive impact in business environment. In the third analysis of corruption both variables (corruption and bribery) have shown positive impact in business environment in Kosovo. Kosovo should establish sustainable institutions, enforce the law and to reduce drastically the corruption, these are the main priority for a stable business environment. Furthermore, Kosovo should continue to improve the process of reforms in order to create a favorable business environment (such is in developed countries).
Keywords: bribery costs, business climate, regression method, political stability, protecting investors
References
Agee, J. (2009). Developing qualitative research questions: a reflective process, 22 (4). International Journal of Qualitative Studies in Education , 431 - 447.
Alfen, H. W. (2003). Public-Private Partnership in Infrastructure Development. Scientific series of Chair Construction Economics .
Anderson, J. E. & Shimul, Sh. N. (2013). Obstacles to Business Operations in Transition Countries: Comparative Analysis of Obstacles Reported in the 2009 BEEPS Data. Social Science Research Network (SSRN) , 1 - 25.
Anderson, J.H & Gray, Ch. W. (2007). Transforming Judicial Systems in Europe and Central Asia.
Washington D.C: IBRD & World Bank. Ballout, H. (2009). Career Commitment and Career Success: Moderating Role of Self-Efficacy. Career Development International , 14 (7), 655--670.
Budak, J. & Rajh, E. (2011). Corruption as an Obstacle for Doing Business in the Western Balkans: A Business Sector Perspective. EIZ Working Papers 1109. Zagreb: Economic Institute in Zagreb (EIZ).
Burgess, C., & Curry, M. (2014). Transforming the health care environment collaborative. AORN Journal , 99 (4), 529-539.
Campbell, D. & Campbell, Sh. (2008). Introduction to Regression / Data Analysis. New Haven (Connecticut): StatLab Workshop Series 2008 .
Colverson, S. (2012). Public-Private Partnerships The role of hybrid financing strategies in sustainable development.
Council of Europe Report. (2016). The situation in Kosovo* and the role of the Council of Europe, Doc. 13939. Brussels: Council of Europe: Committee on Political Affairs and Democracy.
Department of Finance, I. (2006). Partnerships: Procedures for the Assessment, Approval, Audit and Procurement of Projects".
Džafić, Z. (2014). Business Enviroment - the case of Western Balkan Countries. Economic Review -Journal of Economics and Business, 12 (2) , 73 - 89.
EB Report. (2013). Investment Climate Statement 2013 - Openness to Foreign Investment. Washington D.C: The Office of the Bureau of Economic and Business Affairs (EB) - The U.S. State Department.
EBRD Report. (2011). Strategy for Kosovo: As approved by the Board of Directors at its meeting on 1 May 2013. Washington D.C: EBRD & The World Bank.
EC Report. (2014). Kosovo* Progress Report 2014: Summary of findings of the 2014 Progress Report on Kosovo. Brussels : European Commission: Department of Enlargement Policy (Publications).
Esser, I., & Olsen, K. (2011). Perceived Job Quality: Autonomy and Job Security within a Mulitlevel Framework. European Sociological Review , 28 (4), 443--454.
Esther Cheung. (2008). Reasons for implementing public private partnership. Journal of Property Investment and Finance .
Estrin et al. (2005). Entrepreneurship in Transition Economies. In C. e. al, The Oxford Handbook of Entrepreneurship (pp. 1 - 47). Oxford University Press.
Fankhauser, S. (2005). Doing business in transition countries. London: EBRD: Publication Office.
Fletcher, M., Morrison, M., Giles, D., & Kedian, J. (2016). Leadership development as a dialogic process the rationale and concept of an international leadership institute. International Journal of Leadership in Education , 19 (2), 182-202.
Friendly, M. (2002). Corrgrams: Exploratory displays for correlation matrices. The American Statistician , 1 - 16.
Fu, J., & Chen, J. (2015). Career Commitment of Information Technology Professionals: The Investment Model Perspective. Information & Management , 52 (5), 537--549.
Garrison, D., & Vaughan, N. (2012). Institutional change and leadership associated with blended learning innovation: Two case studies. Internet and Higher Education , 18, 24-28.
Grandy, G., & Holton, J. (2013). Leadership development needs assessment in healthcare: a. Leadership & Organization Development Journal , 34 (5), 427-445.
Gross, P. (2012). A Q methodology analysis of individual perspectives of public decision making inflluences of collaborative processes. UMI Dissertation Publishing .
Hollander, J. (2011). Approaching an ideal: using technology to apply collaborative rationality to urban planning processes. Planning Practice and Research , 26 (5), 587-596.
Hurst, C. C., & Reeves, E. E. (2000). An economic analysis of Ireland’s first Public Private Partnership. The International Journal of Public Private Partnership , pp. 379-388.
Hutcheson, G. D. (2011). Ordinary Least-Squares Regression. In L. Moutinho and G. D. In I. L. Hutcheson, The SAGE Dictionary of Quantitative Management Research, 224-228.
IMF Report. (2015). Regional Economic Issues: Special Report. The Western Balkans 15 Years of Economic Transition. Washington, D.C: IMF: Publication Services.
Innes, J. (2016). Collaborative rationality for planning practice. The town planning review , 84 (1), 1-4.
Innes, J., & Booher, D. (2010). Planning with complexity: An introduction to collaborative rationality for public policy. Milton Park: Routledge.
Jäppinen, A. (2013). Co-dynamics in engineering innovations through collaborative leadeship - a complexity-based approach. In R. Smeds, & O. Irrmann (Ed.), CO-CREATE 2013 : The Boundary-Crossing Conference on Co-Design in Innovation (pp. 225-236). Helsinki: Aalto University Publication Series.
Jamali, D. (2007). A study of customer satisfaction in the context of a public private partnership. International Journal of Quality & Reliability Management , 370-385.
John, A. A., & Janssen, M. M. (2010). Public-private partnerships,outsourcing or shared service centres. Transforming Government: People,Process and Policy , 232-248.
Judge, T., Cable, D., Boudreau, J., & Brets, R. (1995). An Empirical Investigation of the Predictors of Executive Career Success. Personnel Psychology , 48 (3), 485--519.
Keynes, J. M. (2007). Adding value of public private partnership.
Khuntia, J., Karimi, J., Tanniru, M., & Meyers, A. (2014). The University of Colarado digital health consortium inititative: a collaborative model of education, research and service. Journal of Commmercial Biotechnology , 20 (3), 31-37.
Kinyanjui. (2012). Food Processing & Technology.
Kothari, C. (2004). Research Methodology: Methods and Techniques (2nd ed.). New Delhi: New Age International Ltd.
Kramer, M., & Crespy, D. (2011). Communicating collaborative leadership. The Leadership Quarterly , 22, 1024-1037.
Kumar, S., Kant, S., & Amburgey, T. (2007). Public Agencies and Collaborative Management Approaches. 39 (5), 569-611.
Lavric, M., & Flere, S. (2010). Measuring Religious Costs and Rewards in a Cross-Cultural Perspective. Rationality and Society , 22 (2), 223--236.
Mazutis, D., & Slawinski, N. (2007). The art of conversation: how authentic leaders influence organizational learning. Proceedings of OLKC 2007 - “Learning Fusion”, 4, pp. 662-675.
McCovery, J., & Matusitz, J. (2014). Assessment of collaboration in U.S. health care delivery: a perspective from systems theory. Social Work in Public Health , 29 (5), 451-461.
Miles, J. (2007). Descriptive Statistics (Chapter 2). In J. &. Miles, Understanding and using statistics in Psychology - A Practical Introduction (pp. 11 - 51). London: SAGE Publication Ltd.
Millones, G. M. (2010). Breaking Down Factors of Public-Private Partnership in Urban Rail.
MTI Report. (2011). Development Strategy of SMEs in Kosovo (2012 - 2016) - Vision 2020. Prishtina: MTI: Publication Services.
OECD Report. (2013). Assessment of the Kosovo* Innovation System. Paris: OECD Investment Compact for SEE countries.
Phillips, E.M. & Pugh, D.S. (2005). How to get PhD: A handbook for students and their supervisors (4the ed). Berkshire, England: Open University Press: McGraw-Hill Education.
Pruijt, H., & Derogee, P. (2010). Employability and Job Security, Friends or Foes? The Paradoxical Reception of Employacurity in the Netherlands. Sociao-Economic Review , 8 (3), 437--460.
Raelin, J. (2014). Imagine there are no leaders: Reframing leadership as collaborative agency. Leadership , 0 (0), 1-28.
Raelin, J. (2012). The manager as facilitator of dialogue. Organization , 20 (6), 818-839.
Rajasekar et al. (2006). Research Methodology. Cornell University Library (arXiv.org) , 1 - 53.
Rande, S., Rahawarin, Y., & Zacharias, T. (2015). Factors Affecting the Career Development of Employees in Secretariate Office of City Samarinda. International Journal of Scientific & Technology Research , 4 (3).
Roaf et al. (2013). 25 Years of Transition: Post-Communist Europe and the IMF: Regional Economic Issues Special Report. Washington, D.C: IMF: Publication Service.
Roumboutsos, A. R., & Chiara, N. N. (2002). A strategic partnering framework analysis methodology for Public private Partnership. Journal of Financial Management of Poverty and Construction , pp. 235-246.
Shrimali, B., Luginbuhl, J., Malin, C., Flournoy, R., & Siegel, A. (2014). The building blocks collaborative: advancing a life course approach to health equity through multi-sector collaboration. Maternal Child Health Journal , 18, 373-379.
Spurk, D., & Abele, A. (2014). Synchronous and Time-Lagged Effects between Occupational Self-Efficacy and Objective and Subjective Career Success: Findings from a Four-Wave and 9-year Longitudinal Study. Journal of Vocational Behavior , 84 (2), 119--132.
Steves et al. (2004). The Business Environment inthe CIS-7 Countries . Washington D.C: The World Bank & EBRD.
Stoffers, J., & Canisius, E. (2015). Differentiated Rewards as an Enticement to Display and Develop more Professionalism in Higher Professional Education-Perceptions of Justice among the Lecture Staff. JHRSS , 3 (2), 57--65.
Taylor, H., & Morse, R. (2013). Collaborative leadership development for local government officials: exploring competencies and program impact. Public Administration Quarterly , 37 (1), 72-103.
Thorkildsen, A., & Ekman, M. (2013). The complexity of becoming collaborative planning and cultural heritage. Journal of Cultural Heritage Management and Sustainable Development , 3 (2), 148-162.
Tieman. (2003). public private partnership. Management and Economics through public private partnership .
Tomkins, A., & Ogloff, J. (1990). Training and Career Options in Psychology and Law. Behav. Sci. , 8 (3), 205--216.
Ugboro, I., & Obeng, K. (2015). The Moderating Effects of Perceived Threat to Valued Job Features on Career Commitment Among University Professors. Australian Journal of Career Development , 24 (1), 39--52.
VanVactor, J. (2012). Collaborative leadership model in the management of health care. Journal of Business Research , 65, 555-561.
Virtanen, M., Kivimaki, M., Virtanen, P., Elovainio, M., & Vahtera, J. (2003). Disparity in Occupational Training and Career Planning between Contingent and Permanent Employees. European Journal of Work and Organizational Psychology , 12 (1), 19--36.
Wilson, D. I., Pelham, N. N., & Duffield, C. F. (2010). A review of Australian PPP governance structures. Journal of Financial Management of Property and Construction , 98-215.
World Bank Report. (2012). Business Environment Snapshot for Kosovo. Washington D.C: World Bank: Publication Office.
World Bank Report. (2013). Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises. Washington D.C: International Bank for Reconstruction and Development / The World Bank.
World Bank Report. (2014). Doing Business 2015: Going Beyond Efficiency - Economy Profile 2015, No. 92059 (12th ed.). Washington D.C: The International Bank for Reconstruction and Development / The World Bank.
World Bank Report. (2016). Doing Business 2016 - Measuring Regulatory Quality and Efficiency, (13th ed.). Washington D.C: The International Bank for Reconstruction and Development / The World Bank.
World Bank Report. (2016). Doing Business 2016: Measuring Regulatory Quality and Efficiency.
Washington D.C: The World Bank Group. World Bank Report. (2011). Republic of Kosovo, Country Profile 2013 - Enterprice Surveys. Washington D.C: The World Bank / The International Bank for Reconstruction and Development.
World Bank Report. (2015). The World Bank Group: Country Snapshot. Washington D.C: World Bank: Publication Office.
Yang, F., & Lau, V. (2015). Does Workplace Guanxi Matter to Hotel Career Success? International Journal of Hospitality Management , 47, 43--53.
Yu, M., & Lee, M. (2015). Managers' Career Development Recognition in Taiwanese Companies. Asia Pacific Management Review , 20 (1), 11--17.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2017 Advances in Social Sciences Research Journal
This work is licensed under a Creative Commons Attribution 4.0 International License.
