Article: The impact of selected elements of the business environment on employment and production of companies in the EU - a comparison of companies controlled by domestic and foreign persons Journal: International Journal of Economic Policy in Emerging Economies (IJEPEE) 2023 Vol.17 No.1 pp.118 - 138 Abstract: Previous studies focused on identifying key dimensions of the business environment that affect FDI, at the same time, there is a deficiency of literature that would examine how the business environment affects indicators such as employment and production. This research looks for the business environment dimensions that most frequently influence the distinct types of business activities. By using a cross-sectional regression analysis, we examined how the number of jobs, the turnover of companies and the volume of production were shaped by the business environment of selected countries. Key findings reveal that the business environment affects employment areas more than production. The greatest impact on production and employment stems from paying taxes, getting electricity, resolving insolvency, and enforcing contracts. These findings can help in the future policymaking process. Inderscience Publishers - linking academia, business and industry through research

Title: The impact of selected elements of the business environment on employment and production of companies in the EU - a comparison of companies controlled by domestic and foreign persons

Authors: Soňa Kleštincová; Jana Kubicová

Addresses: University of Economics in Bratislava, Dolnozemská Cesta 1, 852 35 Bratislava, Slovak Republic ' University of Economics in Bratislava, Dolnozemská Cesta 1, 852 35 Bratislava, Slovak Republic

Abstract: Previous studies focused on identifying key dimensions of the business environment that affect FDI, at the same time, there is a deficiency of literature that would examine how the business environment affects indicators such as employment and production. This research looks for the business environment dimensions that most frequently influence the distinct types of business activities. By using a cross-sectional regression analysis, we examined how the number of jobs, the turnover of companies and the volume of production were shaped by the business environment of selected countries. Key findings reveal that the business environment affects employment areas more than production. The greatest impact on production and employment stems from paying taxes, getting electricity, resolving insolvency, and enforcing contracts. These findings can help in the future policymaking process.

Keywords: business environment; competitiveness; foreign control of enterprises.

DOI: 10.1504/IJEPEE.2023.128387

International Journal of Economic Policy in Emerging Economies, 2023 Vol.17 No.1, pp.118 - 138

Received: 16 Jun 2021
Accepted: 21 Dec 2021
Published online: 19 Jan 2023 *

Title: The impact of selected elements of the business environment on employment and production of companies in the EU - a comparison of companies controlled by domestic and foreign persons

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