Central European Business Review, 2020 (vol. 9), issue 3
Articles
Quantifying Family Business Owners' Attitudes towards Succession: Delving Deeper by Random Forests
Arzu Kilic, Berrin Filizöz
Central European Business Review 2020, 9(3):1-23 | DOI: 10.18267/j.cebr.235 
Family businesses are the lifeblood of the economic growth of the nations. However, a large gap exists about the application of machine-learning algorithms such as Random Forests (RF) to the quantification of patterns, drivers, and interactions in the succession process of family businesses. The primary aim and novelty of this study lie in the quantification of variable importance based on machine-learning algorithms, and the differences among the characteristics of family businesses, family employees, and family business owners (FBOs) for multivariate responses. For this reason, a field study was carried out in family businesses in Sivas and Ardahan...
Servant Leadership and Its Relation to Work Performance
Jana Gašková
Central European Business Review 2020, 9(3):24-37 | DOI: 10.18267/j.cebr.236
Servant leadership has been anchored in academia on the international level during recent years. However, there is a lack of studies within the Central European region. The aim of this study is to review the concept of servant leadership and examine its relation to work performance. The focus is placed on the supervisor’s servant leadership and their relationship with subordinate’s in-role and extra-role work performance. Data were collected via a self-report questionnaire based on validated and adapted scales. The sample included 106 Master students of a standard Management program at the University of Economics, Prague (VŠE) who have...
The Impact of Management Quality on Firms' Innovation and Productivity in Russia
Oleg Mariev, Natalia Davidson, Karina Nagieva
Central European Business Review 2020, 9(3):38-55 | DOI: 10.18267/j.cebr.237
Innovations are among the most important drivers of firms’ productivity improvement. Newly introduced products and processes, as well as organizational and marketing practices, are important for firms’ performance and for countries’ prosperity. In this paper, we analyze how management processes influence firms’ innovation and performance based on Russian data. Our main research question is how the quality of management affects innovative results and thereby, productivity. We employ a survey of enterprise activities, and business climate BEEPS covering the period 2012-2014 and including 1564 firms. Based on the existing literature,...
The Role of Demographic Factors in Consumer Perception of Value from Brand Communication on Facebook
Martin Klepek
Central European Business Review 2020, 9(3):56-73 | DOI: 10.18267/j.cebr.239
With a growing interest in social media, social networks have been discussed largely in brand management and marketing communications literature. Specifically, Facebook, as the leading brand in social networks, is increasingly popular both for users and companies. However, it is not entirely clear what differences occur among Facebook users regarding their attitudes toward brand profiles. The goal of the research is to identify which demographic factors are related to the functional and hedonistic attitude towards the brand fan page and the overall social value of the page on Facebook. A quantitative survey was conducted on a representative sample...
The EU Puzzling CSR Regime and the Confused Perception by Ambassadors of Luxury Fashion Businesses: A Case Study from Pařížská
Radka MacGregor Pelikánová, Robert K. MacGregor
Central European Business Review 2020, 9(3):74-108 | DOI: 10.18267/j.cebr.240
Despite a decades-long discussion about corporate social responsibility ("CSR"), there is little known about the evolution and meaning of the EU law on CSR and its perception by various stakeholders. The two objectives of this paper are: (i) assessing the evolution to the current EU law on CSR and (ii) making a case study about the perception of CSR by businesses from the luxury fashion industry supposed to be the leading CSR force, namely their ambassadors - CEOs and employees facing the clientele in Pařížská street in Prague. In order to address these two objectives, holistic and interdisciplinary research of economic, legislative and academic sources...