Skip to main content
Have a personal or library account? Click to login
The impact of selected business ethics attributes on the perception of the main ESG objective in the Czech Republic and Slovakia: Research in the small and medium-sized enterprises segment Cover

The impact of selected business ethics attributes on the perception of the main ESG objective in the Czech Republic and Slovakia: Research in the small and medium-sized enterprises segment

Open Access
|Jun 2026

References

  1. ALEMAYEHU, M. H. (2025): Corruption, economic growth, and governance in the East African context. In: Journal of Law and Corruption Review, 7, Article e086, pp. 1–25.
  2. ALIZADEH, A., DIRANI, K. M. & QIU, S. (2021): Ethics, code of conduct and ethical climate: Implications for human resource development. In: European Journal of Training and Development, 45(8/9), pp. 674–690.
  3. ALKATHEERI, H., MARKOPOULOS, E. & HAMDAN AL-QAYED, H. (2023): An organizational and operational capability and maturity assessment for SMEs in emerging markets towards the ESG criteria adaptation. In: Human Interaction and Emerging Technologies (IHIET 2023), vol. 111, pp. 682–692.
  4. ALSQOUR, M., ANANZEH, H., JURCZUK, A. & KĘDZIORA, P. (2024): The impact of corporate governance on firms' propensity to innovate – multidimensional and cross-country analysis. In: Journal of International Studies, 17(3), pp. 95–116.
  5. ANDRONICEANU, A. & STREIMIKIENE, D. (2025): Reinventing public managers in the digital age: competencies and innovative governance models across the European Union. In: Administratie si Management Public, 45, pp. 69–90.
  6. ANDRONICEANU, A. (2025): The impact of artificial intelligence on human resources processes in public administration. In: Administratie si Management Public, No. 44, pp. 75–93.
  7. ATKOČIŪNIENĖ, Z., SIUDIKIENĖ, D., GIRNIENĖ, I. & TVARONAVIČIENĖ, M. (2025): Communication with clients in the development of sustainability: A case of Lithuanian companies. In: Economics and Sociology, 18(1), pp. 262–281.
  8. BATLLES-DE LA FUENTE, A. & ABAD-SEGURA, E. (2023): Exploring research on the management of business ethics. In: Cuadernos de Gestión, 23(1), pp. 11–21.
  9. BELAS, J., BALCERZAK, A. P., DVORSKÝ, J. & STREIMIKIS, J. (2024a): Influencing ESG perception in SMEs through CSR, business ethics, and HRM: An empirical study in V4 countries. In: Amfiteatru Economic Journal, 26(66), pp. 532–549.
  10. BELAS, J., ZVARIKOVA, K., STREIMIKIS, J. & JAKUBCINOVA, M. (2024b): Are there differences in business ethics within SMEs' most important business sectors in the V4 countries? Empirical research. In: Ethics & Bioethics (in Central Europe), 14(1–2), pp. 124–136.
  11. BELÁS, J., KHAN, K. A., MAROUŠEK, J. & ROZSA, Z. (2020): Perceptions of the importance of business ethics in SMEs: A comparative study of Czech and Slovak entrepreneurs. In: Ethics & Bioethics (in Central Europe), 10(1–2), pp. 96–106.
  12. BUBICZ, R., CHAVES, R., GONÇALVES, S. & MÜLLER, T. (2025): The ethical commitment of business strategy: ESG-related factors as drivers of the SDGs. In: Journal of Business Ethics, 198(2), pp. 365–385.
  13. CARROLL, A. B. & SHABANA, K. M. (2010): The business case for corporate social responsibility: A review of concepts, research and practice. In: International Journal of Management Reviews, 12(1), pp. 85–105.
  14. CRANE, A. & MATTEN, D. (2016): Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford: Oxford University Press.
  15. DOBROVIC, J., GALLO, P., MIHALCOVA, B., STOFOVA, L. & SZARYSZOVA, P. (2022): The role of internal drivers on the implementation of corporate social responsibility practices in SMEs. In: Entrepreneurship and Sustainability Issues, 10(1), pp. 19–36.
  16. DONALDSON, T. & PRESTON, L. E. (1995): The stakeholder theory of the corporation: Concepts, evidence, and implications. In: Academy of Management Review, 20(1), pp. 65–91.
  17. DRAGOMIR, A. (2025): Tackling elite impunity in the EU: The case for a European court for white-collar crime. In: Journal of Law and Corruption Review, 7, Article e091, pp. 1–18.
  18. ECCLES, R. G., IOANNOU, I. & SERAFEIM, G. (2014): The impact of corporate sustainability on organizational processes and performance. In: Management Science, 60(11), pp. 2835–2857.
  19. EPSTEIN, M. J. & REJC BUHOVAC, A. (2014): Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. San Francisco: Berrett-Koehler Publishers.
  20. FERRELL, O. C., FRAEDRICH, J. & FERRELL, L. (2019): Business ethics: Ethical decision making and cases. Boston: Cengage Learning.
  21. FERRO-SOTO, C., MACÍAS-QUINTANA, L. A. & VÁZQUEZ-RODRÍGUEZ, P. (2018): Effect of stakeholders-oriented behaviour on the performance of sustainable business. In: Sustainability, 10(12), 4724, pp. 1–27.
  22. FREEMAN, R. E. (1984): Strategic management: A stakeholder approach. Boston: Pitman.
  23. GAN INTEGRITY. (n.d.): Czech Republic corruption report. In: GAN Integrity.
  24. GANGI, F., DANIELE, L. M., VARRONE, N., COSCIA, M. & D'ANGELO, E. (2025): The impact of business ethics on ESG engagement and the effect on corporate financial performance: Evidence from family firms. In: Management Decision, 63(2), pp. 468–487.
  25. GARCÍA-SÁNCHEZ, I. M., RAIMO, N., MARIANI, M. & VITOLLA, F. (2023): How does managerial cognition matter in the ESG–financial performance relationship? A moderated mediation model. In: Journal of Business Ethics, 185(3), pp. 633–652.
  26. GONCHARUK, O. & TOMOSZEK, M. (2023): Ethical codes for public administration – reflection of EU core values or part of national anti-corruption policy? In: European Studies – The Review of European Law, Economics and Politics, 10(1), pp. 1–18.
  27. HYRŠLOVÁ, J., HÁJEK, M. & KŘEČKOVÁ KROUPOVÁ, Z. (2023): Differences in corporate social responsibility implementation between Slovak and Czech companies. In: Problems and Perspectives in Management, 21(2), pp. 88–99.
  28. CHAVES, R. L. P. & RAUFFLET, E. B. (2024): Taking stock of ethics and compliance programs as anticorruption mechanisms: An integrative review. In: Journal of Business Ethics, 199(4), pp. 819–837.
  29. CHEUNG, K. Y. & LAI, C. Y. (2023): The impacts of business ethics and diversity on ESG disclosure: Evidence from Hong Kong. In: Journal of Corporate Accounting & Finance, 34(4), pp. 208–221.
  30. IRFAN, A. & SUMINARINGTIAS, R. (2025): Environmental and social reporting in crisis: lessons from ESG controversies and scandals. In: J-MIND (Jurnal Manajemen Indonesia), 9(2), pp. 106–115.
  31. KAPTEIN, M. (2011): Understanding unethical behaviour by unraveling ethical culture. In: Human Relations, 64(6), pp. 843–869.
  32. KHAN, K. A., AKHTAR, M. A., VISHWAKARMA, R. K. & HOANG, H. C. (2023): A sectoral perspective on the sustainable growth of SMEs: Empirical research in the V4 countries. In: Journal of Business Sectors, 1(1), pp. 10–21.
  33. KRAVCHENKO, O. & ANTONENKO, A. (2025): Corporate ethics as a basis for socially responsible business. In: Economic Scope, 200, pp. 60–63.
  34. KREJČÍ, O. (2022): The legacy of voucher privatization and its impact on corporate governance in Czechia. In: International Journal of Law and Economics, 16(3), pp. 247–265.
  35. KUBALEK, J. & KUDEJ, M. (2025): Greenwashing resistance in SMEs: The role of ESG perceptions and practices. In: Journal of Business Sectors, 3(1), pp. 104–111.
  36. KURTANOVIĆ, M. & KADUŠIĆ, E. (2024): Catalysts of sustainability: The transformative role of SMEs in ESG practices of EU candidate countries. In: Journal of Forensic Accounting Profession, 4(2), pp. 34–51.
  37. LEAL FILHO, W., SIGAHI, T. F. A. C. & ANHOLON, R., et al. (2025): Promoting sustainable development via stakeholder engagement in higher education. In: Environmental Sciences Europe, 37, 64, pp. 1–20.
  38. LEE, E. S. (2024): A study on ESG disclosure of SMEs. In: Kyung Hee Law Journal, 59(4), pp. 255–296.
  39. METZKER, Z. (2024): Selected demographic determinants of CSR, financial and environmental management, and business ethics in SMEs. In: Journal of Business Sectors, 2(1), pp. 79–88.
  40. METZKER, Z., BELAS, J. JR., ONDREJKA, R. & DVORSKY, J. (2023): The level of business ethics of small and medium-sized enterprises in the Visegrad Group. In: Serbian Journal of Management, 18(2), pp. 285–294.
  41. MICHAL, A. (2024): Moralism without populism? The salience of corruption in the electoral manifestos and legislative speeches of Czech and Slovak parties. In: Parliamentary Affairs, 78(3), pp. 603–624.
  42. MITROFANOV, D. A. (2024): Codes of professional ethics in the system of regulation of corporate relations. In: Journal of Law and Administration, 20(1), pp. 147–158.
  43. MOHAMED, D. & FAYAD, A. (2025): Digital technology-driven leadership behaviour for sustainable performance: Empowering employee creativity, engagement and training. In: Global Journal of Entrepreneurship and Management, 6(2), pp. 1–13
  44. PENC-PIETRZAK, I. (2016): The evolution of corporate governance in post-socialist countries of Central and Eastern Europe. In: Procedia Economics and Finance, 39, pp. 5–10.
  45. PLÁŠILOVÁ, A., ZEMAN, R. & FEDORKO, R. (2023): Sustainability reporting and environmental performance in Czech and Slovak telecoms. In: Business, Management and Economics Engineering, 21(1), pp. 133–149.
  46. PUTNOVÁ, A. & SEKNIČKA, P. (2007): Etické řízení ve firmě [Ethical management in the company]. Prague: Grada Publishing.
  47. REMIŠOVÁ, A. & LAŠÁKOVÁ, A. (2020a): Corporate social responsibility and sustainability in Slovakia. In: Central European Business Review, 9(2), pp. 1–20.
  48. REMIŠOVÁ, A. & LAŠÁKOVÁ, A. (2020b): The role of national and organizational factors in the adoption of corporate governance codes. In: Journal of East European Management Studies, 25(4), pp. 590–619.
  49. REZAKOVA, K. & ZVARIKOVA, K. (2025): Examining the communication of CSR initiatives: Evidence from Lidl Slovakia. In: Ekonomicko-manazerske spektrum, 19(1), pp. 117–128.
  50. ROY, A., NEWMAN, A., ROUND, H. & BHATTACHARYA, S. (2023): Ethical culture in organizations: A review and agenda for future research. In: Business Ethics Quarterly, 34(1), pp. 97–138.
  51. RYDECKI, J. & CHŁĄD, M. (2023): Sustainability in global supply chains: A consumer-centric perspective. In: Global Journal of Entrepreneurship and Management, 4(2), pp. 11–28.
  52. SCHWARTZ, M. S. (2017): Business ethics: An ethical decision-making approach. Hoboken: John Wiley & Sons.
  53. SEOW, R. Y. CH. (2025): Clarifying CSR and ESG: Causes of conflation, consequences, and pathways to conceptual clarity. In: Journal of Environmental Management, 394, 127468.
  54. SKYPALOVA, R., PETRAKOVA, Z. & MALEK, Z. (2025): Evaluation of the use of artificial intelligence in medium and large enterprises in the Czech business environment. In: Ekonomicko-manazerske spektrum, 19(1), pp. 28–38.
  55. SROUFE, R. & GOPALAKRISHNA-REMANI, V. (2019): Management, social sustainability, reputation, and financial performance relationships. In: Organization & Environment, 32(3), pp. 331–362.
  56. SUBAKI, A. & TUKIRIN (2024): The influence of business ethics and diversity on ESG disclosure: Empirical evidence from Indonesian firms. In: Journal of Ecohumanism, 3(2), pp. 1852–1871.
  57. ŠMÍD, M. & FROLOVA, E. (2023): Disclosure of ethical policies and anti-corruption measures in Czech corporations. In: Journal of Financial Crime, 30(4), pp. 1267–1283.
  58. TRANSPARENCY INTERNATIONAL SLOVAKIA. (2024): Slovakia has never fallen so far in the corruption perception rankings. In: Transparency.sk. [online] [Retrieved November 20, 2025] Available at: https://transparency.sk/en/slovakia-has-never-fallen-so-far-in-the-corruption-perception-rankings/
  59. WAROUW, F. F., MASHUDI, ARAFAH, M., NOVIANY, H. & HENDARTO, T. (2024): The rise of environmental, social, and governance (ESG). In: International Journal of Science and Society, 6(1), pp. 810–821.
DOI: https://doi.org/10.2478/ebce-2026-0001 | Journal eISSN: 2453-7829 | Journal ISSN: 1338-5615
Language: English
Page range: 3 - 14
Published on: Jun 10, 2026
Published by: University of Prešov
In partnership with: Paradigm Publishing Services

© 2026 Alexandra Dorusincova, Jaroslav Belas, Martina Jakubcinova, Khurram Ajaz Khan, published by University of Prešov
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.