Analysis of Disadvantages of the International Rating "Doing Business" Methodology
Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 3
Abstract
The article demonstrates analysis of the methodology of the international rating "Doing Business" which characterizes entrepreneurship control norms, evaluates the terms of registration, business operations and liquidation of small and medium-size business entities. The essence of rating indicators is determined, and some indices are proposed for implementation in the system which reflect the favorableness of the business environment. Basic rating requirements for business entities participating in the study are considered. Principal disadvantages of the "Doing Business" rating are substantiated which interfere with international comparative analysis of the external business environment of enterprises and result in making incorrect managerial decisions by both business entities concerning the choice of the country where operations will be carried out, and states concerning correction of the strategy of regulating operations of business entities.
Authors and Affiliations
Tetiana Chechetova-Terashvili, Yuliia Malishko
Keywords
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