ABSTRACT

Business leaders exert extraordinary influence on institution building in market economies but they think and act within institutional settings. This book combines both an elite approach with a varieties-of-capitalism approach. Comparing Poland, Hungary and East and West Germany, we perceive the transformations in East Central Europe and in Germany after 1989 as being intertwined.

Based on a joint survey, this book seeks to measure the level of the convergence of ideas among European business leaders, assuming it to be more extensive than the institutional convergence expected under the dominance of neoliberal discourse. Analyzing the institutional framework, organizational features like size, ownership and labour relations, and subjective characteristics like age, social origin, career patterns and attitudes of the recent business elites, we found significant differences between countries and the types of organization. The growing importance of economic degrees and internationalization shows astonishingly little explanatory power on the views of business leaders. The idea of a coordinated market economy is still relatively widespread among Germans, while their Hungarian and Polish counterparts are more likely to display a minimalist view of corporate responsibility to society and adverse attitudes towards employee representation. However, their attitudes frequently tend to be inconsistent, which mirrors the mixed type of capitalism in East Central Europe.

chapter 1|22 pages

Introduction: business leaders and the new varieties of capitalism in post-communist Europe

ByKATHARINA BLUHM, BERND MARTENS, VERA TRAPPMANN

chapter 3|21 pages

The ‘small transformation’ in Hungary: Institutional changes and economic actors

ByGYÖRGY LENGYEL, DÉNES BANK

chapter 4|30 pages

The long shadow of the ‘German model’: business leaders in social and institutional change

ByKATHARINA BLUHM, BERND MARTENS, VERA TRAPPMANN

chapter 6|14 pages

Contractual trust: the long shadow of the shadow economy

ByBÉLA JANKY, GYÖRGY LENGYEL

chapter 7|28 pages

Varying concepts of corporate social responsibility: beliefs and practices in Central Europe

ByKATHARINA BLUHM, VERA TRAPPMANN

chapter 8|29 pages

Institutions or attitudes? The role of formal worker representation in labour relations

ByVERA TRAPPMANN, KRZYSZTOF JASIECKI, DARIUSZ PRZYBYSZ

chapter 9|15 pages

Income and infl uence: Hungarian, Polish and German business leaders compared

ByGYÖRGY LENGYEL, NIKOLETT GESZLER, ZITA ÖRDÖG