Identification of the Most Important European Productivity Factors Through the Dimension Reduction

Lazányi, Kornélia; Fehér-Polgár, Pál; Vida, Imre

doi:10.26552/ems.2020.1.77-86

Cited by 2 publications

(2 citation statements)

References 25 publications

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“…Despite these competitive benefits of CSR implementation, according to Boccia et al (2019), price still remains the key criterion in most of the customers' decision-making. The implementation of CSR has a positive effect on the attitudes and behaviour of employees (Wang et al, 2020), identification of the employee with the company, his perception of involvement in meaningful activities, and motivation to work more (Breger et al, 2020) or lower employee's turnover (Vveinhardt & Sroka, 2020) while we must not forget, that even in the age of automation, the human factor remains still irreplaceable (Lazanyi et al, 2020). From the managerial point of view, it is of particular interest to investigate the influence of CSR on sustainability or continuance of the activity (Dayanandan et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

THE PERCEPTION OF COMPANY EMPLOYEES BY SMEs WITH CSR CONCEPT IMPLEMENTATION

Metzker

Zvaríková

2021

IJEK

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The article aims to find out the perception of human capital issues by entrepreneurs of small and medium-sized enterprises within the V4 countries, who implement the concept of CSR in their managerial praxis. The paper is based on a questionnaire survey with data collection from September 2019 to January 2020 with a total of 1585 respondents. Statistical methods of Pearson's chi-square and z-score were used to test the hypotheses. The results revealed differences between countries in terms of employees' turnover, perception of employees as the most important corporate capital, or the implementation of participatory management style. On average, 93% of respondents consider employees the most important company capital across the countries. There is also a strong consensus on the necessity of evaluating employee performance and motivation to innovate work practices.On the contrary, differences in the opinion on staff turnover were found among researched countries. The highest rate of turnover is among Polish entrepreneurs, and the lowest is in Hungary. With the growing company's size, the turnover of employees is getting higher. A participative management style is mainly implemented in the praxis by Slovak entrepreneurs (90%) and least by Hungarian (68%). However, Hungarian entrepreneurs are highly aware of the fact that their employees try to increase their performance, and healthy competition prevails among them (74%). The results may be interesting for those who promote or implement CSR in the conditions of the researched countries.

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Section: Introductionmentioning

confidence: 99%

THE PERCEPTION OF COMPANY EMPLOYEES BY SMEs WITH CSR CONCEPT IMPLEMENTATION

Metzker

Zvaríková

2021

IJEK

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“…It is because large companies are involved in CSR more often. The main reason is the generation of higher resources (Gelbman, 2010), which is also declared in the study by Bulanda et al (2020) or Lazanyi et al (2020). However, despite their low economic power, small and medium-sized enterprises form the mainstay of national economies and are among the main drivers of the economy with a positive impact on GDP, employment, and government revenue (Alabsy, Implementing CSR into business practice is a long-term process in which management, employees, and other parts of the company must identify with this idea and realize the benefits of CSR in the long run (Bardos et al, 2020).…”

Section: Introductionmentioning

confidence: 83%

The Perception of the Market and Operational Area of Business by Service Sector and Tourism Companies in terms of CSR implementation

Metzker

Maroušek

Hlawiczka

et al. 2021

JoTS

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Our research examined the attitudes of owners and managers of small and medium-sized enterprises in the V4 countries, who behave responsibly - they use corporate social responsibility in their managerial practice on issues focused on the market and operational area of business. The paper is based on a questionnaire survey with data collection from September 2019 to January 2020. Statistical methods of Pearson's chi-square and z-score were used to assess the hypotheses. The results proved that there are significant differences in companies in services and tourism in the context of implementing the CSR concept. Entrepreneurs who implement social responsibility with a significant positive difference agree that a company places great emphasis on the innovation of its products and services. Researchers found that the sector has an impact on the perception of decreasing customers' requests on specific products/services. We found that corporate social responsibility and its implementation in corporate practice positively affects the relationship of V4's small and medium enterprises in the services and tourism sector to service production innovation issues, which helps increase business performance and decline customer complaints.

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Identification of the Most Important European Productivity Factors Through the Dimension Reduction

Cited by 2 publications

References 25 publications

THE PERCEPTION OF COMPANY EMPLOYEES BY SMEs WITH CSR CONCEPT IMPLEMENTATION

THE PERCEPTION OF COMPANY EMPLOYEES BY SMEs WITH CSR CONCEPT IMPLEMENTATION

The Perception of the Market and Operational Area of Business by Service Sector and Tourism Companies in terms of CSR implementation

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