Sector-Wide and Country-Specific Drivers of Firm Performance in the Visegrad Group Dairy Industry

Zdráhal, Ivo; Chmelíková, Gabriela; Blažková, Ivana

doi:10.7160/aol.2018.100410

Cited by 9 publications

(8 citation statements)

References 13 publications

(15 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Producers and processors focused on the sales problems, such as low milk prices and the pressure of the trade chains to low prices of milk and dairy products, lack of support for the sales, lack of consumption of selected products. Zdráhal et al (2018) found out that foreign competition has negative impact on dairy firms.…”

Section: Resultsmentioning

confidence: 99%

Factors Affecting the Demand for Milk and Dairy Products in the Slovak Republic

Kubicová

Predanócyová

Kádeková

2019

AOL

View full text Add to dashboard Cite

Paper is aimed at dairy sector in the Slovak Republic with an emphasis on identifying the determinants causing low demand for milk and dairy products. The primary objective is to identify consumer behavior and the main factors affecting consumer choices in choosing milk and dairy products. The primary source of information is created by the results of consumer survey proving the consumption of milk and dairy products is widespread among consumers, with cheese and yoghurt as the most preferred ones. The results of the consumer survey were confronted with a survey aimed at identifying the views of producers and processors of milk and dairy products. We identified the main issues, particularly the low redemption price of milk, lack of milk consumption and the absence of sales support.

show abstract

Section: Resultsmentioning

confidence: 99%

Factors Affecting the Demand for Milk and Dairy Products in the Slovak Republic

Kubicová

Predanócyová

Kádeková

2019

AOL

View full text Add to dashboard Cite

show abstract

“…Political risk is a part of the overall risk of corporate operation. Kobrin [73] defines political risk as a probability of negative consequences caused by political events. More generally, political risk may be defined as any unexpected change in the country's governmental policy which influences the business environment in which companies operate [74].…”

Section: Higher School Of Economicsmentioning

confidence: 99%

Influence of Сountry-Specific Determinants on Performance of Small and Medium Enterprises of Europe

Kushubakova¹,

Strakhova²

2020

КФ

View full text Add to dashboard Cite

A lot of obstacles stand in the way of small and medium enterprises formation. One of the first ones is an external financing gap in the majority of Central and Eastern Europe countries. Considering the totality of problems identified by entrepreneurs one may notice that the major part of them is made up of external impact factors.The purpose of the present study is revealing the influence of country-specific determinants on performance of small and medium enterprises in 24 European countries. The research analyzed 54,512 SME within the period of 2013 to 2017.The practical value of the research consists in the fact that its results may be useful for: governmental agencies in optimizing the existing small and medium enterprises support programs, emergent entrepreneurs when choosing the country to start up their business and for a better understanding of their environment, management when choosing the ways of entrepreneurship geographical expansion.The applied importance of this paper consists in defining the most significant country-specific determinants of SME performance.The regression analysis results show that the majority of small and medium enterprises from the point of view of macroeconomic and political conditions exist “in spite of, not thanks to something”. We also identified a negative relation between the government machinery efficiency as such and its efficiency in relation to SME which means that a lot of effort is necessary for improvement in this sphere. Analysis of the difference between developed and emerging countries revealed a slight positive influence of corruption on SME’s return on assets in emerging countries. Northern Europe is considered to be the friendliest region for small and medium enterprises while Eastern Europe is the least favourable one.

show abstract

“…The measure expects growth in competitiveness and market orientation of the industry. In addition to the increase in domestic supply due to the end of the quota system, the introduction of the Russian embargo and the appearance of cheap imported dairy products also had a negative effect: prices dropped significantly (Zdráhal et al, 2016;Zdráhal et al, 2018Hanisch et al, 2013. The industry is also significantly influenced by local consumer habits, the rapidly deteriorating, difficult-totransport products are therefore mainly consumed locally.…”

Section: ]mentioning

confidence: 99%

“…The dairy industry is a significant sector of the manufacturing industry, with strong competition between players on both national and international markets. The competitiveness of the dairy industry in a country is largely determined by the structure of the industry, the number, size and geographical distribution of competitors, the level of ownership structure and the cost of production resources (Jansik et al, 2014;Viira et al, 2015 andZdráhal et al, 2018), which is almost identical to Porter's (1990) theory. The competitiveness of the dairy industry can also be measured through market performance, which should be distinguished in two directions: domestic demand and exports (Bojnec and Ferto, 2014).…”

Section: Competitiveness In Dairy Industrymentioning

confidence: 99%

Competitiveness in Dairy Trade – the Case of EU and the Visegrad Group Countries

Nagy

Jámbor

2019

AOL

View full text Add to dashboard Cite

The European Union (EU) produces 15% of its agricultural production in the dairy industry. The article focuses on the European Union and Visegrad Group's (VG) dairy export and analyses it with Balassa's (Revealed Comparative Advantage, RCA) index. Our aim is to explore the foundations of EU's competitiveness and the role and opportunities of the dairy sector in VG countries.The analysis is based on EU dairy export data for the period 2000-2017. The main result of the analysis is that the most competitive countries in terms of export performance (Denmark, France, Ireland and Belgium) do not fully align with the order of the largest dairy producing and processing countries (Germany, France, the United Kingdom, the Netherlands) or the largest dairy exporters (Germany, the Netherlands, France and Belgium). We have discovered that some EU countries have a really strong, dominant competitive advantage. The reason for this is that the highest customer value can be achieved through the production of highly processed products, and the most competitive countries specialize in the production of one or a few of these products.

show abstract

Sector-Wide and Country-Specific Drivers of Firm Performance in the Visegrad Group Dairy Industry

Cited by 9 publications

References 13 publications

Factors Affecting the Demand for Milk and Dairy Products in the Slovak Republic

Factors Affecting the Demand for Milk and Dairy Products in the Slovak Republic

Influence of Сountry-Specific Determinants on Performance of Small and Medium Enterprises of Europe

Competitiveness in Dairy Trade – the Case of EU and the Visegrad Group Countries

Contact Info

Product

Resources

About