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Forms of Control of Advisory Contracts in Small Businesses: Case of Poland

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Eurasian Business Perspectives

Part of the book series: Eurasian Studies in Business and Economics ((EBES,volume 14/2))

Abstract

This chapter focuses on forms of control used by small businesses in contracts with different advisors that supply business advice. The use of legal agreement and personal trust are compared in the chapter. The analysis is carried out using the results of a study of 400 small companies operating in Poland, which used the external business advice in the last 3 years before the survey. The results indicate that trust and legal contract are most commonly overlapping. A significant role of trust in the implementation of advisory activities is recognized. However, a high proportion of formal relationships has been identified, which is not typical of research results obtained in other EU countries. There are differences between types of advice supplier as well as between forms of previous interactions between contract parties, which suggests that the type of established trust may influence small enterprises’ behavior.

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Notes

  1. 1.

    The analysis of data obtained by using the Chi-square test indicates a positive verification of the hypothesis about the dependence of both variables at the level of 0.05 significance (the value of the statistics is 58.99 at 15 degrees of freedom).

  2. 2.

    The analysis of data obtained by using the Chi-square test indicates a positive verification of the hypothesis about the dependence of both variables at the level of 0.05 significance (the value of the statistics is 48.24 at 12 degrees of freedom).

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Author information

Authors and Affiliations

  1. Department of Entrepreneurship and Industrial Policy, University of Lodz, Lodz, Poland

    Paweł Głodek

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  1. Paweł Głodek
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Correspondence to Paweł Głodek .

Editor information

Editors and Affiliations

  1. Faculty of Political Sciences, Istanbul Medeniyet University, Istanbul, Türkiye

    Mehmet Huseyin Bilgin

  2. MUFG Union Bank, San Francisco, CA, USA

    Hakan Danis

  3. Faculty of Tourism, Istanbul Medeniyet University, Istanbul, Türkiye

    Ender Demir

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Głodek, P. (2020). Forms of Control of Advisory Contracts in Small Businesses: Case of Poland. In: Bilgin, M.H., Danis, H., Demir, E. (eds) Eurasian Business Perspectives. Eurasian Studies in Business and Economics, vol 14/2. Springer, Cham. https://doi.org/10.1007/978-3-030-52294-0_19

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