Uneingeschränkter Zugang

Perception of formal and informal institutions by entrepreneurs in China, Morocco, and Germany – A cross-cultural pilot study


Zitieren

Figure 1

Perception of judicial system efficacy.
Perception of judicial system efficacy.

Figure 2

Perception of property and intellectual rights protection.
Perception of property and intellectual rights protection.

Figure 3

Perception of corporate governance efficacy.
Perception of corporate governance efficacy.

Figure 4

Perception of ethics and firm behavior.
Perception of ethics and firm behavior.

Figure 5

Perception of formal institutions as a chance.
Perception of formal institutions as a chance.

Figure 6

Perception of formal institutions as an inhibiting factor.
Perception of formal institutions as an inhibiting factor.

Figure 7

Perception of informal institutions as a chance.
Perception of informal institutions as a chance.

Figure 8

Perception of informal institutions as an inhibiting factor.
Perception of informal institutions as an inhibiting factor.

Differences in the perception of the judicial system efficacy

MoroccoGermany
MSDMSDt (244)pCohen's d
3.291.694.841.40−6.63p < 0.0011.00
GermanyChina
MSDMSDt (244)pCohen's d
4.841.403.621.635.88p < 0.0010.80
MoroccoChina
MSDMSDt (245)pCohen's d
3.291.693.621.63−1.51p = 0.1360.99

Perception of formal institutions as an inhibiting factor

MoroccoGermany
MSDMSDt (175)pCohen's d
3.971.564.031.35−0.310p = 0.7570.04
GermanyChina
MSDMSDt (244)pCohen's d
4.031.355.041.38−5.50p < 0.0010.74
MoroccoChina
MSDMSDt (245)pCohen's d
3.971.565.041.38−5.59p < 0.0010.72

Questionnaire items

VariableTypeSourceItemsScale
Formal rules positive perceptionIndependentWEF pillarAverage calculation index of the following items:

To what extent do you evaluate the formal institutions (“written rules”) in your country as a chance for the success of your company?

In the context of competing with your most relevant competitors do you think you benefit from formal institutions at the expense of these competitors?

Not at all – Very much (7 point scale)
Formal rules negative perceptionIndependentWEF pillarAverage calculation index of the following items:

To what extent do you evaluate formal institutions (“written rules”) as an inhibiting factor for the success of your company?

In the context of competing with your most relevant competitors do you think formal institutions will discriminate you in favour of these competitors?

Not at all – Very much (7 point scale)
Informal rules positive perceptionIndependentWEF pillarAverage calculation index of the following items:

To what extent do you evaluate informal institutions (“unwritten rules”) as a chance for the success of your company?

In the context of competing with your most relevant competitors do you think you benefit from informal institutions at the expense of these competitors?

Not at all – Very much (7 point scale)
Informal rules negative perceptionIndependentWEF pillarAverage calculation index of the following items:

To what extent do you evaluate informal institutions (“unwritten rules”) as an inhibiting factor for the success of your company?

In the context of competing with your most relevant competitors do you think informal institutions will discriminate you in favor of these competitors?

Not at all – Very much (7 point scale)
Judicial system efficacy perceptionIndependentWEF pillar

In your country, to what extent is the judiciary independent from the influences of members of government, citizens, or firms?

Heavily influenced – Entirely independent (7 point scale)
Corporate governance efficacy perceptionIndependentWEF pillar

In your country, how would you characterize corporate governance (the relationships) by investors and boards of directors?

Management has little accountability to investors and board – Management is highly accountable to investors and boards (7 point scale)
ethics and behavioral firm perceptionIndependentWEF pillar

In your country, how would you rate the corporate ethics of companies (ethical behavior in interactions with public officials, politicians, and other firms)?

Extremely poor among the worst in the world – Excellent among the best in the world (7 point scale)
Property and intellectual rightsIndependentWEF pillarAverage calculation index of the following items:

In your country, how strong is the protection of property rights, including financial assets?

In your country, how strong is the protection of intellectual property, including anti-counterfeiting measures?

Extremely weak – Extremely strong (7 point scale)
Market orientationDependent

Market-based strategies (formal and impersonal, rule-based, more calculative)

Not at all – Very much (7 point scale)
Network orientationDependent

Relationship-based strategies (informal and interpersonal)

Not at all – Very much (7 point scale)
Self-efficacyDependentJerusalem and Schwarzer [1999]Average calculation index of the following items:

I can always manage to solve difficult problems if I try hard enough.

If someone opposes me, I can find the means and ways to get what I want.

It is easy for me to stick to my aims and accomplish my goals.

I am confident that I could deal efficiently with unexpected events.

Thanks to my resourcefulness, I know how to handle the unforeseen situation.

I can solve most problems if I invest the necessary effort.

I can remain calm when facing difficulties because I can rely on my coping abilities.

If I am in trouble, I can usually think of a solution.

When I am confronted with a problem, I can usually find several solutions.

I can usually handle whatever comes my way.

Not at all true – Exactly true (4 point scale)

Linear Regressions

Independent variableMoroccoChinaGermany
Dependent variableDependent variableDependent variable
Self-efficacyMarket orientationNetwork orientationSelf-efficacyMarket orientationNetwork orientationSelf-efficacyMarket orientationNetwork orientation
Formal mean index positiveβ = 0.288p = 0.017*β = 0.263p = 0.019*
Formal mean index negativeβ = 0.315p = 0.015*β = 0.272p = 0.015*
Informal mean index positive
Informal mean index negativeβ = 0.314p = 0.011*

Perception of formal institutions as a chance

MoroccoGermany
MSDMSDt (175)pCohen's d
4.401.614.811.25−1.92p = 0.0550.29
GermanyChina
MSDMSDt (244)pCohen's d
4.811.255.021.56−1.06p = 0.2900.15
MoroccoChina
MSDMSDt (245)pCohen's d
4.401.615.021.56−2.98p = 0.0030.39

Perception of property and intellectual rights protection

MoroccoGermany
MSDMSDt (175)pCohen's d
3.771.395.750.582−12.30p < 0.0012.00
GermanyChina
MSDMSDt (242)pCohen's d
5.755823.561.4813.23p < 0.0010.32
MoroccoChina
MSDMSDt (243)pCohen's d
3.771.383.561.481.08p = 0.2810.15

Perception of ethics and firm Behavior

MoroccoGermany
MSDMSDt (175)pCohen's d
3.591.406.4810.04−2.69p = 0.0080.50
GermanyChina
MSDMSDt (244)pCohen's d
6.4810.044.757.661.51p = 0.1310.19
MoroccoChina
MSDMSDt (245)pCohen's d
3.591.404.757.66−1.41p = 0.1570.26

Perception of informal institutions as a chance

MoroccoGermany
MSDMSDt (175)pCohen's d
4.081.744.501.25−1.72p = 0.0860.28
GermanyChina
MSDMSDt (244)pCohen's d
4.501.254.601.47−0.541p = 0.5890.07
MoroccoChina
MSDMSDt (245)pCohen's d
4.081.744.601.47−2.50p = 0.0130.32

Perception of informal institutions as an inhibiting factor

MoroccoGermany
MSDMSDt(175)PCohen's d
4.401.583.341.274.89p < 0.0010.75
GermanyChina
MSDMSDt (244)PCohen's d
3.341.274.521.58−6.03p < 0.0010.83
MoroccoChina
MSDMSDt (245)pCohen's d
4.401.584.521.58−0.615p = 0.5390.08

Perception of corporate governance efficacy

MoroccoGermany
MSDMSDt (175)pCohen's d
4.971.505.581.23−12.30p = 0.0030.45
GermanyChina
MSDMSDt (244)pCohen's d
5.581.234.661.564.75p < 0.0010.64
MoroccoChina
MSDMSDt (245)pCohen's d
4.971.504.661.561.48p = 0.1400.19

Types of the relationship between formal and informal institutions

Ineffective formal institutionsEffective formal institutions
Compatible goals between actors in formal and informal institutionsSubstitutiveComplementary
Conflicting goals between actors in formal and informal institutionsCompetingAccommodating
eISSN:
2299-9701
Sprache:
Englisch