Surviving the transition: Central European bank executives’ view of environmental changes |
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Authors: | W. Harvey Hegarty Laszlo Tihanyi |
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Affiliation: | a W. Harvey Hegarty, Department of Management, Kelley School of Business, Indiana University, 1309 E. 10th Street, Bloomington, IN 47405-1701, USA;b Laszlo Tihanyi, Department of Management, Kelley School of Business, Indiana University, 1309 E. 10th Street, Bloomington, IN 47405-1701, USA |
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Abstract: | Executives of ten large banks in three Central European transition economies were interviewed concerning their views of environmental changes. The study sought to identify environmental sectors that were important and uncertain for the bank executives. Central European bankers perceived customers, competitors, economic, and regulatory environmental sectors more uncertain than international and technological factors, sociocultural issues, and new entrants. We found that executives of banks with poor prior performance viewed environmental changes as threats rather than as opportunities. |
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