Open Access Article SciPap-1018
Social Factors´ Impact on the Quality of Business Environment in the SME Segment
by Ludmila Kozubíková 1,*, Ján Dvorský 2 and Aleksandr Ključnikov 3

1 Faculty of Management and Economics, Department of Business Administration, Tomas Bata University in Zlín, Mostní 5139, Zlín 760 01, Czechia

2 Faculty of Management and Economics, Department of Business Administration, Tomas Bata University in Zlín, Mostní 5139, Zlín 760 01, Czechia

3 Department of Entrepreneurship and Management, University of Entrepreneurship and Law, Vltavská 585/14, Prague 150 00, Czechia

* Authors to whom correspondence should be addressed.

Abstract: The article aims to identify and quantify significant social factors that determine the quality of the business environment (QBE) of small and medium-sized enterprises (SMEs) in the Czech Republic and Slovakia. The case study was carried out through a questionnaire that was completed by 641 SMEs. To evaluate the questionnaire multiple linear regression models (MLRs) were applied. The results of the case study showed that the social factor, such as the family environment, has the greatest impact on the QBE in Slovakia. In the Czech Republic, the most important social factors are society, politicians, entrepreneurs and role models. Also, the influence of the media and communication environment is perceived by entrepreneurs as an important determining factor of QBE.

Keywords: Small And Medium-Sized Enterprises, Quality Of Business Environment, Social Factors

JEL classification:   L26 - Entrepreneurship,   M10 - General,   M20 - General

SciPap 2020, 28(1), 1018

Received: 29 January 2020 / Accepted: 29 April 2020 / Published: 30 April 2020