ISSN 2167-0439
International Journal of Management and Business Studies ISSN: 2167-0439 Vol. 3 (1) pp. 066-071, January, 2013 © International Scholars Journals
Full Length Research Paper
A maturity approach for business climate: Comparative global perspective
Luis Amador-Jimenez* and Christopher Willis
Department of Building, Civil and Environmental Engineering, Concordia University, 1515 St Catherine W, Montreal, QC, H3G 2W1, Canada.
*Corresponding author. E-mail: [email protected]
Received 26 November, 2012; Accepted 13 January, 2013
Abstract
Business climate, particularly ease of doing business, is a key factor to attract investments and expand business in any nation. There is, however, a lack of understanding of the significance of individual factors of overall ease of doing business. This paper quantifies the significance of business practices that encourage productivity and human development through the use of a maturity approach. Results suggest that businesses will choose those nations where importing and exporting is easy and inexpensive, filling income tax is simple and tax rates are low. Also, more businesses will open if credit is easily accessible and labor laws are reasonable.
Key words: Business practices, productivity, human development, maturity, doing business.