Title: So, what comes next? Company's uncertainty on regulatory void over Brexit: the case of Polish companies
Authors: Katarzyna Mroczek-Dąbrowska; Anna Matysek-Jędrych
Addresses: Institute of International Business and Economics, Poznań University of Economics and Business, Greater Poland Voivodeship, Poland ' Institute of International Business and Economics, Poznań University of Economics and Business, Greater Poland Voivodeship, Poland
Abstract: Brexit has caused a visible disruption in the so far fairly unobstructed segue to regional integration. Our research is based on a survey of Polish companies operating in British markets and aims to see how companies responded to the changes caused by Brexit and whether certain groups of companies exhibit similar characteristics in response to the observed uncertainty. The perception of uncertainty was measured in two separate dimensions - uncertainty towards the future arrangements between EU and UK and uncertainty over the institutional agility in the UK. The results are analysed using the cluster method. We found that the vast majority of companies remain unaffected; however, we have delimited two other groups - which even if are smaller in size - react differently. The medium and large companies that have significantly longer experience in the British market and that not only trade but also invest in the UK exhibit far greater concern.
Keywords: uncertainty; Brexit; populism; institutions; regulatory arrangements.
European Journal of International Management, 2022 Vol.18 No.2/3, pp.267 - 282
Received: 30 Sep 2020
Accepted: 24 Oct 2020
Published online: 15 Aug 2022 *