IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01829654.html
   My bibliography  Save this paper

Security of the business organizations as a result of the economic crisis

Author

Listed:
  • Nadežda Jankelová

    (University of Economics in Bratislava)

  • Andrea Jankurová

    (Danubius University)

  • Martina Beňová

    (University of Economics in Bratislava)

  • Zuzana Skorková

    (University of Economics in Bratislava)

Abstract

Global economic crisis is one of the most significant environmental changes influencing all managerial functions – including entrepreneurs and organization. In this paper, we study how entrepreneurs used organization to deal with the security and sustainability issues stemming from the global economic crisis. Crisis forced managers to undertake various organizational changes that led to a sharp reduction in the number of employees and thus flat organizational structure are the trend among structures. Organization is focused more on designing. One of the newest and fastest growing business trends is the creation of networks and clusters. We conducted research on a sample of 115 foreign and domestic companies running their business in Slovak Republic. We were interested in the perception of lean management, project management and strategic alliances creation during the crisis and in nowadays. We provided an analysis of changes in span of management and managerial level reduction. To analyse the companies, we used descriptive and inductive statistical methods on the lowest possible significance level. Based on our research we found that the optimization of the organizational structure can be the way for helping business companies to overcome economic insecurity in the times of the crisis.

Suggested Citation

  • Nadežda Jankelová & Andrea Jankurová & Martina Beňová & Zuzana Skorková, 2018. "Security of the business organizations as a result of the economic crisis," Post-Print hal-01829654, HAL.
  • Handle: RePEc:hal:journl:hal-01829654
    DOI: 10.9770/jesi.2018.5.3(18)
    Note: View the original document on HAL open archive server: https://hal.science/hal-01829654
    as

    Download full text from publisher

    File URL: https://hal.science/hal-01829654/document
    Download Restriction: no

    File URL: https://libkey.io/10.9770/jesi.2018.5.3(18)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Janda Karel & Rausser Gordon & Strielkowski Wadim, 2013. "Determinants of Profitability of Polish Rural Micro-Enterprises at the Time of EU Accession," Eastern European Countryside, Sciendo, vol. 19(2013), pages 177-217, December.
    2. Mihaela Simionescu & Daniel Ciuiu & Yuriy Bilan & Wadim Strielkowski, 2016. "GDP and Net Migration in Some Eastern and South-Eastern Countries of Europe. A Panel Data and Bayesian Approach," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 12(2), pages 161-175.
    3. Stuart So & Hongyi Sun, 2015. "Lean thinking as organisational practice in enabling supply chain sustainability," International Journal of Environmental Technology and Management, Inderscience Enterprises Ltd, vol. 18(4), pages 291-308.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nadežda Jankelová & Andrea Jankurová & Martina Beňová & Zuzana Skorková, 2018. "Security of the business organizations as a result of the economic crisis," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 659-671, March.
    2. Mihaela Simionescu & Yuriy Bilan & Grzegorz Mentel, 2017. "Economic Effects of Migration from Poland to the UK," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(46), pages 757-757, August.
    3. Sadananda Prusty & Anubha & Saurabh Gupta, 2021. "On the Road to Recovery: The Role of Post-Lockdown Stimulus Package," FIIB Business Review, , vol. 11(2), pages 206-224, June.
    4. repec:mje:mjejnl:v:12:y:2017:i:3:p:43-51 is not listed on IDEAS
    5. José Niño-Amézquita & Fedor Legotin & Oleg Barbakov, 2017. "Economic success and sustainability in pharmaceutical sector: a case of Indian SMEs," Post-Print hal-01735846, HAL.
    6. repec:mje:mjejnl:v:12:y:2017:i:3:p:31-42 is not listed on IDEAS
    7. Ondřej Schneider, 2022. "Labour Migration In The European Union: The Case Of Central And Eastern Europe," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 67(233), pages 7-38, April – J.
    8. Paudel, Nawaraj S. & Lahiri, Sajal, 2024. "Heterogeneity in the Effect of Size on Internal Migration in the United States: A Gravity Model and PPML Estimator Approach," EconStor Preprints 300726, ZBW - Leibniz Information Centre for Economics.
    9. Josef ABRHÁM & Wadim STRIELKOWSKI & Milan VOŠTA & Jan ŠLAJS, 2015. "Factors that influence the competitiveness of Czech rural SMEs," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(10), pages 450-460.
    10. Mihaela Simionescu & Dalia Streimikiene & Wadim Strielkowski, 2020. "What Does Google Trends Tell Us about the Impact of Brexit on the Unemployment Rate in the UK?," Sustainability, MDPI, vol. 12(3), pages 1-10, January.
    11. José Niño-Amézquita & Fedor Legotin & Oleg Barbakov, 2017. "Economic success and sustainability in pharmaceutical sector: a case of Indian SMEs," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(1), pages 157-168, September.
    12. Aiva Zuzeviciute & Saulius Greichius & Darius Valkavicius & Danguole Seniutiene, 2017. "Protecting State Border: Risk and Prevention. Economic Dimension," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(3), pages 43-51.
    13. Petra Koudelková, 2014. "Innovation in Small and Medium Enterprises in the Czech Republic," Central European Business Review, Prague University of Economics and Business, vol. 2014(3), pages 31-37.
    14. Pramod K Singh & Harpalsinh Chudasama, 2020. "Evaluating poverty alleviation strategies in a developing country," PLOS ONE, Public Library of Science, vol. 15(1), pages 1-23, January.
    15. Aurelija Puraite & Saulius Greichius & Danguole Seniutiene, 2017. "Managing State Border in the Context of Migration Crisis in Europe - Lithuanian Case," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(3), pages 31-42.
    16. Fernanda Andrade de Xavier & Aparna P. Lolayekar & Pranab Mukhopadhyay, 2021. "Decentralization and Its Impact on Growth in India," Journal of South Asian Development, , vol. 16(1), pages 130-151, April.
    17. Vitaly Kaftan & Wadim Kandalov & Igor Molodtsov & Anna Sherstobitova & Wadim Strielkowski, 2023. "Socio-Economic Stability and Sustainable Development in the Post-COVID Era: Lessons for the Business and Economic Leaders," Sustainability, MDPI, vol. 15(4), pages 1-18, February.
    18. Vyacheslav Volchik & Liudmila Klimenko & Oxana Posukhova, 2018. "Socio-economic sustainable development and the precariat: a case study of three Russian cities," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(1), pages 411-428, September.
    19. Blazkova, Ivana & Dvoulety, Ondrej, 2017. "Is the price-cost margin affected by the market concentration? Evidence from the Czech food and beverages industry," Business and Economic Horizons (BEH), Prague Development Center (PRADEC), vol. 13(2).
    20. Vij, Akshay & Ardeshiri, Ali & Li, Tiebei & Beer, Andrew & Crommelin, Laura, 2022. "Understanding what attracts new residents to smaller cities," SocArXiv fpxum, Center for Open Science.
    21. Błażejowski, Marcin & Gazda, Jakub & Kwiatkowski, Jacek, 2016. "Bayesian Model Averaging in the Studies on Economic Growth in the EU Regions – Application of the gretl BMA package," MPRA Paper 89366, University Library of Munich, Germany, revised Oct 2016.

    More about this item

    Keywords

    sustainability; Slovakia; organizational structure; security; lean management; organization; entrepreneurship; economic crisis;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-01829654. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.