Societal Integration in Countries Ranking Similarly in Ease of Doing Business Index
Ritika Saini1, Syeedun Nisa2
1Ritika Saini*, Dept. of Management, Jamia Hamdard, New Delhi, India.
2Dr. Syeedun Nisa, Dept. of Management, Jamia Hamdard, New Delhi, India.
Manuscript received on January 02, 2020. | Revised Manuscript received on January 15, 2020. | Manuscript published on January 30, 2020. | PP: 1266-1271 | Volume-8 Issue-5, January 2020. | Retrieval Number: D9985118419/2020©BEIESP | DOI: 10.35940/ijrte.D9985.018520
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Countries across the world differ in terms of macro-environmental factors. These differences reflect in their performance as well as growth and development. Most efficient countries have some common characteristics that make them distinct as compared to less efficient countries. Every year World Bank ranks countries on Ease of doing business Index. The present paper is an attempt to see if like other macro environmental factors (per capita income corruption etc.), there is any pattern in culture/social dimensions as well in two different groups of countries, i.e. countries which are ranked high and those which are ranked low on Ease of Doing Business Index. The data is taken from World Bank’s website. Top and bottom ranking countries were analyzed as two separate groups on two different parameters from Hofstede’s cultural dimension framework, viz., Individualistic vs. Collectivist and Power Distance.
Keywords: Ease of Doing Business, Hofstede’ cultural dimensions, Power distance, Social integration, World Bank ranking.
Scope of the Article: Big Data Analytics and Business Intelligence.