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Tytuł artykułu

A trust approach to the financial performance of information and communications technology enterprises

Treść / Zawartość
Identyfikatory
Warianty tytułu
PL
Wiarygodne podejście do wyników finansowych przedsiębiorstw technologicznych i informacji
Języki publikacji
EN
Abstrakty
EN
SMEs in emerging economies face intense competition when they try to attain and maintain proper returns on their efforts and resources, especially in the highly competitive Information Communications Technology (ICT) sector. At the same time, it is increasingly important for them to build long-term, trustworthy partnerships and profitable business networks. Two-block Partial Least Squares analysis based on financial statements and an online survey of 149 ICT service providers revealed negative relationships between trust in public and business stakeholders and profitability ratios. Only trust in large firms shows a positive association with profitability. By better understanding the role of trust in the public and business environment, entrepreneurial ventures are more likely to achieve and sustain competitive advantage.
PL
MŚP w gospodarkach wschodzących stoją w obliczu silnej konkurencji, gdy starają się osiągnąć i utrzymać odpowiedni zwrot z wysiłków i zasobów, zwłaszcza w wysoce konkurencyjnym sektorze technologii komunikacyjnych (ICT). Jednocześnie coraz ważniejsze jest dla nich budowanie długoterminowych, godnych zaufania partnerstw i rentownych sieci biznesowych. Analiza dwóch bloków częściowych najmniejszych kwadratów oparta na sprawozdaniach finansowych oraz ankiecie internetowej 149 dostawców usług ICT ujawniła negatywne relacje między zaufaniem do interesariuszy publicznych i biznesowych a wskaźnikami rentowności. Tylko zaufanie do dużych firm wykazuje pozytywny związek z rentownością. Dzięki lepszemu zrozumieniu roli zaufania w środowisku publicznym i biznesowym przedsiębiorcy mają większe szanse na osiągnięcie i utrzymanie przewagi konkurencyjnej.
Rocznik
Strony
332--343
Opis fizyczny
Bibliogr. 40 poz., rys., tab.
Twórcy
autor
  • University of Debrecen, Faculty of Economics
  • University of Debrecen, Ihrig Károly Doctoral School
  • University of Debrecen, Faculty of Engineering
  • Eszterházy Károly University, Department of Business Economics
autor
  • Szent István University, Faculty of Economics and Social Sciences
  • Szent István University, Faculty of Food Science
  • University of Debrecen, Faculty of Economics
Bibliografia
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  • 4. Anghel, I., Siminică, M., Cristea, M., Sichigea, M. & Noja, G.G. (2018). Intellectual Capital and Financial Performance of Biotech Companies in the Pharmaceutical Industry. Amfiteatru Economic, 20(49), 631-646.
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  • 6. Barney, J.B. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27, 643-650.
  • 7. Bijlsma-Frankema, K., Woolthuis, R.K. (2005). Trust under pressure : empirical investigations of trust and trust building in uncertain circumstances, Cheltenham: Edward Elgar Publishing.
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  • 9. Fukuyama, F. (1995). Trust: the social virtues and the creation of prosperity, New York: Free Press.
  • 10. Goergen, M., Chahine, S., Brewster, C. & Wood, G. (2013). Trust, Owner Rights, Employee Rights and Firm Performance. Journal of Business Finance & Accounting, 40, 589-619.
  • 11. Gulati, R. (1995). Does familiarity breed trust? The implications of repeated ties for contractual choice in alliances. (Special Research Forum: Intra- and Interorganizational Cooperation). Academy of Management Journal, 38, pp.85.
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  • 13. Kliestik, T., Misankova, M., Valaskova, K. & Svabova, L. (2018). Bankruptcy prevention: new effort to reflect on legal and social changes. Science and Engineering Ethics, 24(2), 791-803.
  • 14. Kliestikova, J., Janoskova, K. (2017). Branding with understanding: how national profile of consumer influences brand value perception. Marketing and Management of Innovations, 3, 149-157.
  • 15. Kumar, P., Rabinovitch, R. (2013). CEO Entrenchment and Corporate Hedging: Evidence from the Oil and Gas Industry. Journal of Financial and Quantitative Analysis, 48, 887-917.
  • 16. LaPorta, R., Lopez-de-Silanes, F., Shleifer, A. & Vishny, R. (1997). Trust in Large Organizations. American Economic Review Papers and Proceedings, 87(2), 333-338.
  • 17. Latifi, M., Shooshtarian, Z. (2014). The effects of organizational structure on organizational trust and effectiveness. Polish Journal of Management Studies, 10, 73-84.
  • 18. Meyer, D.F., Meyer, N. (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), 150-160.
  • 19. Meyer, D.F., Meyer, N. & Neethling, J.R. (2016). Perceptions of business owners on service delivery and the creation of an enabling environment. Administratio Publica, 4(3), 52-73.
  • 20. Mura, L. (2019). Entrepreneurship internationalization - Case of Slovak family businesses. AD ALTA-Journal of Interdisciplinary Research, 9(1), 222-226.
  • 21. Mura, L., Marchevska, M., Dubravska, M. (2018). Slovak Retail Business across Panel Regression Model. Marketing and Management of Innovations, 4, 203-211.
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  • 23. Oláh, J., Karmazin, Gy., Fekete Farkasné, M. & Popp, J. (2017). An examination of trust as a strategical factor of success in logistical firms. Business Theory and Practise, 18(1), 171-177.
  • 24. Oláh, J., Sadaf, R., Máté, D. & Popp, J. (2018). The influence of the management success factors of logistics service providers on firms’ competitiveness. Polish Journal of Management Studies, 17(1), 175-193.
  • 25. Oláh, J., Kovács, S., Virglerova, V., Lakner, Z. & Popp, J. (2019). Analysis and Comparison of Economic and Financial Risk Sources in SMEs of the Visegrad Group and Serbia. Sustainability, 11(7), 1853.
  • 26. Podsakoff, P.M., MacKenzie, S.B., Lee, J.-Y. & Podsakoff, N.P. (2003). Common method biases in behavioral research: A critical review of the literature and recommended remedies. Journal of Applied Psychology, 88, 879-903.
  • 27. Pyke et al. (1992). Industrial districts and inter-firm co-operation in Italy, (2nd ed.), Interantional Institure of Labour Studies.
  • 28. Ramón, J., Maza Rubio, M.T. & Abella Garcés, S. (2018). The competitive advantage in business, capabilities and strategy. What general performance factors are found in the Spanish wine industry? Wine Economics Policy, 7, 94-108.
  • 29. Rohlf, F.J., Corti, M. (2000). Use of Two-Block Partial Least-Squares to Study Covariation in Shape. Systematic Biology, 49, 740-753.
  • 30. Rus, A., Iglič, H. (2005). Trust, Governance and Performance. International Sociology, 20, 371-391.
  • 31. Sako, M. (1998). Does Trust Improve Business Performance? [In:] Lane, C., Bachmann, R. (Eds.), Trust within and between Organizations: Conceptual Issues and Empirical Applications. Oxford: Oxford University Press. pp. 88-117.
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  • 33. Sroka, W. (2011). Problem of trust in alliance networks, Organizacija, 44(4), 101-108.
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  • 35. Valaskova, K., Kliestik, T. & Kovacova, M. (2018a). Management of financial risks in Slovak enterprises using regression analysis. Oeconomia Copernicana, 9(1), 105-121.
  • 36. Valaskova, K., Kliestikova, J. & Krizanova, A. (2018b). Consumer Perception of Private Label Products: An Empirical Research. Journal of Competitiveness, 10(3), 149-163.
  • 37. Vuță, M., Cioacă, S.I., Vuţă, M. & Enciu, A. (2019). An Empirical Analysis of Corporate Social Responsibility Effects on Financial Performance for Romanian Listed Companies. Amfiteatru Economic, 21(52), 607-622.
  • 38. Yamagishi, T. (2001). Trust as a form of social intelligence. [In:] K.S. Cook (Ed.) Russell Sage foundation series on trust, Vol. 2. Trust in society (p.121-147), Russell Sage Foundation.
  • 39. Zaheer, A., McEvily, B. & Perrone, V. (1998). Does Trust Matter? Exploring the Effects of Interorganizational and Interpersonal Trust on Performance. Organization Science, 9, 141-159.
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Uwagi
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-6003982b-9989-4cae-9de5-2893357be720
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