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Tytuł artykułu

Brand management and macroeconomic stability of the country

Treść / Zawartość
Identyfikatory
Warianty tytułu
PL
Zarządzanie marką i stabilność makroekonomiczna kraju
Języki publikacji
EN
Abstrakty
EN
The paper deals with an analysis of linking between brand’s factors and macroeconomic stability. For this purpose, the authors have checked two hypotheses such as multicollinearity between social-value determinants which form the country’s brand and linking between social-value determinants of the brand and country’s macroeconomic stability. The object of analysis deals with Lithuania, Latvia, Croatia, Bulgaria, Poland, Romania (the latest countries which joined the EU) and Ukraine. The dataset for analysis is obtained from Hofstede Insights (2018), World Data Bank, United Nations, Freedom House, etc. The methods adopted for this study are Pearson’s correlation coefficient and Generalized Least Squares model. The findings have proved the indicated hypotheses. Thus, the government should develop the strategy to manage the social-value determinates of a country’s brand with a purpose to achieve macroeconomic stability.
PL
Artykuł dotyczy analizy powiązań między czynnikami marki a stabilnością makroekonomiczną. W tym celu autorzy sprawdzili dwie hipotezy, takie jak wielolinearność między determinantami wartości społecznych, które tworzą markę kraju, a powiązaniem między społeczno-wartościowymi determinantami marki i stabilności makroekonomicznej kraju. Przedmiotem analizy są Litwa, Łotwa, Chorwacja, Bułgaria, Polska, Rumunia (najnowsze kraje, które przystąpiły do UE) i Ukraina. Zestaw danych do analizy uzyskano z Hofstede Insights, World Data Bank, ONZ, Freedom House itp. Metody przyjęte w tym badaniu to współczynnik korelacji Pearsona i model Uogólnione najmniejsze kwadraty. Wyniki dowiodły wskazanych hipotez. W związku z tym, rząd powinien opracować strategię zarządzania określeniami wartości społecznej marki danego kraju w celu osiągnięcia stabilności makroekonomicznej.
Rocznik
Strony
61--74
Opis fizyczny
Bibliogr. 55 poz., rys., tab.
Twórcy
autor
  • University of Social Sciences, Poland
  • Economic Cybernetics Department
  • Department of Economics, Entrepreneurship and Business Administration, Sumy State University, Sumy, Ukraine
  • Department of Economics, Entrepreneurship and Business Administration, Sumy State University, Sumy, Ukraine
Bibliografia
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  • 5. Cebula J., Pimonenko T., 2015, Comparison financing conditions of the development biogas sector in Poland and Ukraine, “International Journal of Ecology and Development”, 30(2).
  • 6. Chigrin O., Pimonenko T., 2014, The ways of corporate sector firms financing for sustainability of performance, “International Journal of Ecology and Development”, 29(3).
  • 7. Chortok Y., Rodymchenko A., 2014, Formation of organizational and economic mechanism of environmentally-oriented regional logistic system, Economic Annals-XXI, 9-10.
  • 8. Chygryn O., Petrushenko Y., Vysochyna A., Vorontsova A., 2018, Assessment of Fiscal Decentralization Influence on Social and Economic Development, “Montenegrin Journal of Economics”, 14(4,).
  • 9. Cotîrlea D.A., 2015, Country Image vs. Country Brand: Differences and Similarities, “Ecoforum Journal”, 4(1).
  • 10. Dkhili H., 2018, Environmental performance and institutions quality: evidence from developed and developing countries, Marketing and Management of Innovations, 3.
  • 11. Draskovic V., Popov E., Peleckis K.K., 2017, Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice, “Montenegrin Journal of Economics”, 13(1).
  • 12. Fan Y., 2006, Branding the nation: What is being branded, “Journal of vacation marketing”, 12(1).
  • 13. Formankova S., Trenz O., Faldik O., Kolomaznik J., Vanek P., 2018, The future of investing-sustainable and responsible investing Marketing and Management of Innovations, 2.
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  • 15. Greco F., 2018, Resilience: Transform adverse events into an opportunity for growth and economic sustainability through the adjustment of emotions, Business Ethics and Leadership, 2(1).
  • 16. Harold N.Ng.Yan, 2018, Econometric analysis of long and short-run effects of exports on economic growth in Cameroon (1980-2016), Financial Markets, Institutions and Risks, 2(1).
  • 17. Hereźniak M., Florek M., Augustyn A., 2018, On Measuring Place Brand Effectiveness-between Theoretical Developments and Empirical Findings, Economics & Sociology, 11(2).
  • 18. Hofstede Insights., 2018. Available at: https://www.hofstede-insights.com
  • 19. Ivanová E., Čepel M., 2018, The Impact of Innovation Performance on the Competitiveness of the Visegrad 4 Conutries, “Journal of Competitiveness”, 10(1).
  • 20. Janoskova K., Kliestikova J., 2018, Analysis of the impact of selected determinants on brand value, “Journal of International Studies”, 11(1).
  • 21. Kotler P., Gertner D., 2002, Country as brand, product and beyond: a place marketing and brand marketing perspective, “Journal of Brand Management”, 9(4/5).
  • 22. Krasnyak V., Chygryn O., 2015, Theoretical and applied aspects of the development of environmental investment in Ukraine, Marketing and Management of Innovations, 3.
  • 23. Kubatko O., Kubatko O., 2018, Economic estimations of air pollution health nexus, Environment, Development and Sustainability, 21(3).
  • 24. Kuc M., 2017, Social convergence in Nordic countries at regional level, “Equilibrium. Quarterly Journal of Economics and Economic Policy”, 12(1).
  • 25. Lakic S., Draskovic M., 2015, Implications of Institutional Dispositions of Neoliberalism, “Montenegrin Journal of Economics”, 11(2).
  • 26. Lewandowska A., Stopa M., 2018, SMEs innovativeness and institutional support system: the local experiences in qualitative perspective. Polish case study, Oeconomia Copernicana, 9(2).
  • 27. Liu C., 2017, International Competitiveness and the Fourth Industrial Revolution, Entrepreneurial Business and Economics Review, 5(4).
  • 28. Lo Y.T., Jusoh A., Mardani A., Streimikiene D., 2018, Restaurant branding matters: A quantitative report on how brand image can moderate relationship, “Journal of International Studies”, 11(4).
  • 29. Lyeonov S.V., Vasylieva T.A., Lyulyov O.V., 2018, Macroeconomic stability evaluation in countries of lower-middle income economies, Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, (1).
  • 30. Lyulyov O., Chortok Y., Pimonenko T., Borovik O., 2015, Ecological and economic evaluation of transport system functioning according to the territory sustainable development, “International Journal of Ecology and Development”, 30(3).
  • 31. Lyulyov O., Chygryn O., Pimonenko T., 2018, National brand as a marketing determinant of macroeconomic stability, Marketing and Management of Innovations, 3.
  • 32. Mačaitytė I., Virbašiūtė G., 2018, Volkswagen Emission Scandal and Corporate Social Responsibility - A Case Study, Business Ethics and Leadership, 2(1).
  • 33. Masharsky A., Azarenkova G., Oryekhova K., Yavorsky S., 2018, Anti-crisis financial management on energy enterprises as a precondition of innovative conversion of the energy industry: case of Ukraine, Marketing and Management of Innovations, 3.
  • 34. Melnyk L., Sineviciene L., Lyulyov O., Pimonenko T., Dehtyarova I., 2018, Fiscal decentralization and macroeconomic stability: The experience of Ukraine's economy, Problems and Perspectives in Management, 16(1).
  • 35. Meyer N., Meyer D.F., 2016, The relationship between the creation of an enabling environment and economic development: A comparative analysis of management at local government sphere, “Polish Journal of Management Studies”, 14(2).
  • 36. Mohsen Y., Hussein H.M., Mahrous A.A., 2018, Perceived service value, customer engagement and brand loyalty in health care centres in Egypt, Marketing and Management of Innovations, 3.
  • 37. Onyusheva I., Thammashote L., Kot S., 2018, ASEAN: Problems of regional integration, Espacios, 39(36).
  • 38. Parshykova A., 2016, Government policy on country’s brand. Available at: http://euinfocenter.rada.gov.ua/uploads/documents/29157.pdf.
  • 39. Pilc M., 2017, Cultural, political and economic roots of the labor market institutional framework in the OECD and post-socialist countries, “Equilibrium. Quarterly Journal of Economics and Economic Policy”, 12(4).
  • 40. Pimonenko T., Prokopenko O., Dado J., 2017, Net zero house: EU experience in Ukrainian conditions, “International Journal of Ecological Economics and Statistics”, 38(4).
  • 41. Prokopenko O., Cebula J., Chayen S., Pimonenko T., 2017, Wind energy in Israel, Poland and Ukraine: Features and opportunities, “International Journal of Ecology and Development”, 32(1).
  • 42. Prusty T., Waleed M. Al-ahdal., 2018, Corporate Governance and profitability: Evidence from Indian IT companies, Financial Markets, Institutions and Risks, 2(3).
  • 43. Sekuła A., 2017, Does system of local government subsidisation fulfil revenue equalisation function? Evidence from Poland, Oeconomia Copernicana, 8(4).
  • 44. Simionescu M., Lazányi K., Sopková G., Dobeš K., Balcerzak A.P., 2017, Determinants of Economic Growth in V4 Countries and Romania, “Journal of Competitiveness”, 9(1).
  • 45. Singh S.N., 2018, Regional Disparity and Sustainable Development in NorthEastern States of India: A Policy Perspective, SocioEconomic Challenges, 2(2).
  • 46. Sulkowski L., 2012, Globalization of Culture and Contemporary Management Models, “Journal of Intercultural Management”, 4(4).
  • 47. Tambovceva T., 2016, Classification of Factors Influencing Environmental Management of Enterprise, Technological and Economic Development of Economy, 22(6).
  • 48. Tkacova A., Gavurova B., Behun M., 2017, The Composite Leading Indicator for German Business Cycle, “Journal of Competitiveness”, 9(4).
  • 49. Tommaso F.D., 2018, What are the Costs and Benefits of a International Corporate Governance Reregulation? Financial Markets, Institutions and Risks, 2(3).
  • 50. Trifu A., 2018, Defending and Modelling Europe: The Visegrad Group Experience, SocioEconomic Challenges, 2(2).
  • 51. Vasilyeva T., Lyeonov S., Adamičková I., Bagmet K., 2018, Institutional quality of social sector: The essence and measurements, Economics and Sociology, 11(2).
  • 52. Vasylieva T.A., Kasyanenko V.O., 2013, Integral assessment of innovation potential of Ukraine's national economy: A scientific methodical approach and practical calculations, Actual Problems of Economics, 144(6).
  • 53. Vasylieva T., Lyeonov S., Lyulyov O., Kyrychenko K., 2018, Macroeconomic stability and its impact on the economic growth of the country, “Montenegrin Journal of Economics”, 14(1).
  • 54. Yevdokimov Y., Melnyk L., Lyulyov O., Panchenko O., Kubatko V., 2018, Economic freedom and democracy: Determinant factors in increasing macroeconomic stability, Problems and Perspectives in Management, 16(2).
  • 55. Zeinalpour H., Shahbazi N., Ezzatirad H., 2013, A review on city and country brand index, “Australian Journal of Basic and Applied Sciences”, 7(7).
Uwagi
1. Nazwisko współautora podane w pdf. z inicjałem imienia brzmi : Pimonenkow T., a przy afiliacji i w pozycjach bibliografi brzmi : Pimonenko Tetyana.
2. Opracowanie rekordu w ramach umowy 509/P-DUN/2018 ze środków MNiSW przeznaczonych na działalność upowszechniającą naukę (2019).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-4683d195-efb1-4821-8578-95c757c4ccbe
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