Current Research Directions in Approaching the Effects Generated by of Corruption and Political Risk on Competitiveness and Organizational Performance

Bianca Andreea Calin ()
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Bianca Andreea Calin: West University of Timisoara, Doctoral School of Economics and Business Administration, Romania

Ovidius University Annals, Economic Sciences Series, 2023, vol. XXIII, issue 1, 577-585

Abstract: A dynamic environment involves change and innovation. The macroeconomic environment is the ,,terrain’’ where all organisations economy compete. In a dynamic market, organisations need to adapt quickly to changes and develop innovative ideas, products and services under the influence of socio-economic factors to keep up with new trends. The business environment brings together economic, social, cultural and political-institutional components. Some factors directly influence organisational performance, while the influence of other factors is only indirect. From an optimistic perspective, these factors can generate opportunities, and from a pessimistic perspective, threats and challenges for the organisation. The aim of this paper is to investigate and define corruption and political risk by identifying influences on competitiveness and performance under the latest global trends in technological development. The main objective of the article is to define and review the current literature on the influence of corruption and political risk on organizational competitiveness and performance.

Keywords: political risk; corruption; innovation; competitiveness (search for similar items in EconPapers)
JEL-codes: F60 F63 I30 J17 L20 L25 O30 O44 (search for similar items in EconPapers)
Date: 2023
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