THE IMPACT OF THE BUSINESS ENVIRONMENT ON THE SOUTH AFRICAN EMERGING MARKET ECONOMY

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Abstract

The business environment impacts on the strategic as well as the operational policies, decisions and actions of enterprises, as businesses do not operate in a vacuum. This research paper addresses the impact of the business environment on the South African emerging market economy, where emerging market economies usually have a rapid growing economy as well as government policies which embody economic liberalization and a free-market system. Secondary as well as primary data were applied to achieve the objective of this research paper, which involves the improvement of financial decision-making concerning the impact of the business environment on an emerging market economy. The empirical study of this research paper focuses on the following three aspects, viz.: • The importance of the impact of various business environment factors on an emerging market economy, • The problem areas within the business environment which impact on an emerging market economy and possible solutions to solve them, as well as • The perceptions concerning the rating of various business environment factors over the past five years and the next five years in South Africa. As this research paper focuses on an emerging market economy, the conclusions of this study should be valuable to other countries which have the same type of economy.

Keywords: Business Environment, Economic Impact, Financial Impact, Impact of Foreign Direct Investments, Impact of the Infrastructure, Political Impact

How to cite this paper: Fisher, J. J., Mostert, F. J., & Mostert, J. H. (2015). The impact of the business environment on the South African emerging market economy. Corporate Ownership & Control, 12(2-5), 541-549. https://doi.org/10.22495/cocv12i2c5p3