Central European Business Review

5-17

Authors: Ilya Bolotov

The goal of this paper is to analyze main changes in the business performance - as in part of the overall competitiveness - of the Visegrád Group, i.e. Czech Republic, Slovak Republic, Poland and Hungary, in the last ten years, 2004–2014, based on Pearson correlation, Chow and Granger Causality tests. The business performance in the Visegrád Group is defined with the help of five indicators: business density, value added per business entity, investment in fixed capital per business density, inward foreign direct investment stock per business entity and ex-ports of goods and services per business entity. The author finds that the business performance, and hence the business environment, in the Visegrád Group has diverged since EU accession with the exception of internationalization indicators, which indicates the necessity for managers to adjust to the specifics in each particular country.

30-47

Authors: Mario Bogdanovic, Domagoj Cingula

This paper researches the so-called “dark triad” personality traits of management student populations, because of their potential to generate dysfunctional organizational behavior and processes. Namely, the dark triad with characteristics such as lack of empathy, willingness to manipulate others (for self-betterment), antagonism, and belief in one’s own superiority can represent a real organizational threat. The goal of this paper is to stimulate thinking and discussion around this issue. The paper is based on questionnaire measurement that adopts the standardized short dark triad measurement instrument of Jones and Paulhus (2012) who measure the scales of Machiavellianism (9 items), narcissism (9 items) and psychopathy (9 items). The sample included 150 students of professional management studies at the Faculty of Economics, University of Split in Croatia. Results of the Croatian students are compared with the results of 387 students in Canada. The results suggest significant statistical differences in the “dark triad” variables between the Canadian and Croatian samples. The practical implications of this paper are in raising awareness and stimulating the thinking of managers around the potential of the “dark triad” traits of engaged human resources to create organizational crisis, and to make preventive and responsive actions to manage the “toxic triad” threat.

58-70

Authors: Stefano Valdemarin

At the end of 2014, the number of firms with an Italian presence in Romania was 39,556, representing 19.33% out of total registered firms and this number is still growing. This article focuses on answering the following question: what kind of Italian firms are investing in Romania and why? Starting from the empirical observation that the number of Italian firms in Romania grew by 6.82% last year, we have used a PESTEL analysis to find the key points characterizing the country, paying attention also to the concept of country brand. From the point of view of Italian firms, we have also analyzed the shifting paradigm of internationalization from a Vertical Foreign Direct Investment model to a Horizontal Foreign Direct Investment model. This paper can be useful for managers and entrepreneurs who are oriented towards investing in Romania following the path of Italian firms.