Controlling and Sustainability: Empirical Evidence from Europe

Alexandra Rausch Nidzara Osmanagiæ Bedenik Irene Fafaliou Davor Labas Malgorzata Porada-Rochon
Additional contact information
Alexandra Rausch Nidzara Osmanagiæ Bedenik Irene Fafaliou Davor Labas Malgorzata Porada-Rochon: Alpen-Adria-Universität Klagenfurt, Austria Faculty of Economics and Business, University of Zagreb, Croatia University of Piraeus, Piraeus, Greece Faculty of Economics and Business, University of Zagreb, Croatia Faculty of Management and Economics of Services, University of Szczecin, Poland
Authors registered in the RePEc Author Service: Irene Fafaliou () and Davor Labas

Zagreb International Review of Economics and Business, 2013, vol. 16, issue 1, 37-63

Abstract: This paper analyses the level of development of current controlling practice and sustainable development in four selected European countries, i.e. Austria, Croatia, Greece, and Poland. It specifi cally aims to increase the awareness for country-specifi c differences and to capture key factors and shortcomings that companies experience in controlling and sustainable business practice. We hypothesize that companies in more mature countries have a higher level of development in this respect than companies in less mature countries. To this end, we use a questionnaire and a sample of 146 companies. Contrary to our hypotheses we reveal that besides Austrian Croatian companies are more advanced in controlling and sustainability than Greek companies. Furthermore, instead of Austria Poland appears to form a country-cluster with Greece. Based on these fi ndings business executives and public offi cers should be able to cope with present shortcomings in a more appropriate way and to initiate improvements towards sustainability against country-specifi c backdrops. JEL Classification: L2

Keywords: Corporate sustainability; sustainable development; controlling practice; Europe; empirical survey. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.efzg.hr/default.aspx?id=17772 (text/html)
Abstract only available on-line

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zag:zirebs:v:16:y:2013:i:1:p:37-63

Ordering information: This journal article can be ordered from
Zagreb International Review of Economics and Business, Faculty of Economics and Business, Trg J. F. Kennedy 6, 10000 Zagreb, Croatia.
http://www.efzg.hr/default.aspx?id=6045

Access Statistics for this article

Zagreb International Review of Economics and Business is currently edited by Soumitra Sharma

More articles in Zagreb International Review of Economics and Business from Faculty of Economics and Business, University of Zagreb Contact information at EDIRC.
Bibliographic data for series maintained by Jurica Šimurina ( this e-mail address is bad, please contact ).