?url_ver=Z39.88-2004&rft_id=2014%2F36&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Feprints.imtlucca.it%2F3657%2F&rft.title=International+frameworks+and+initiatives+for+business+conduct+in+fragile+and+conflict+states+%22The+role+of+Institutions+and+culture+for+fragile+firms+in+Bosnia-Herzegovina%22&rft.creator=Gianfagna%2C+Laura&rft.creator=Ferra%2C+Emi&rft.subject=HB+Economic+Theory&rft.description=In+this+paper+we+analyze+the+fragility+at+the+firm+level+of+Bosnia-Herzegovina.+This+Country+is+trying+to+grow+after+having+faced+four+years+of+conflict+(1992-1995)+and+previous+series+of+sources+of+political+instability.+In+our+analysis+we+take+into+account+the+fact+that+there+exist+two+different+Institutions+(Federation+and+Republic)+inside+the+same+Country+and+many+ethnic+groups+even+though+each+institutional+entity+has+one+or+two+main+ethnic+group%2Fs.+We+study+the+micro+level+of+industrialization+over+six+recent+years+(2007-2012)+through+official+data+of+registered+firms+(source%3A+Orbis).+We+aggregate+them+according+to+the+Institution+to+which+they+belong.+First+we+do+a+simple+descriptive+statistical+analysis+to+have+a+general+view+of+the+firm+level+situation.+After+that%2C+we+run+a+regression+with+panel+data+in+order+to+study+the+industrialization+level+of+all+the+firms.+More+precisely%2C+we+focus+on+the+analysis+of+the+difference+in+industrialization+due+to+the+different+Institutions+inside+the+same+fragile+Country.+After+that+we+compare+the+micro+data+with+aggregate+data+to+check+for+significant+difference.+Actually%2C+the+existence+of+the+Institutions+seem+to+affect+the+level+of+industrialization%2C+but+could+this+be+correlated+with+ethnic+groups+according+to+which+the+Srpska+Republic+and+the+Federation+of+Bosnia-Herzegovina+are+divided+instead%3F+The+Federation+of+Bosnia-Herzegovina%2C+which+also+have+a+higher+number+of+firms%2C+shows+a+downward+operating+turnover+trend%2C+while+the+Srpska+Republic+is+quite+flat.+As+a+conclusion%2C+our+study%2C+which+wants+to+put+light+on+the+level+of+industrialization+and+Institutions+after+the+Dayton+agreement+in+1995%2C+actually+explains+how+culture+can+influence+both+of+them.&rft.publisher=Maastricht+School+of+Management&rft.date=2014&rft.type=Working+Paper&rft.type=NonPeerReviewed&rft.identifier=++Gianfagna%2C+Laura+and+Ferra%2C+Emi++International+frameworks+and+initiatives+for+business+conduct+in+fragile+and+conflict+states+%22The+role+of+Institutions+and+culture+for+fragile+firms+in+Bosnia-Herzegovina%22.++Working+Paper+++Maastricht+School+of+Management+++++++++&rft.relation=http%3A%2F%2FEconPapers.repec.org%2FRePEc%3Amsm%3Awpaper%3A2014%2F36&rft.relation=2014%2F36