Buy custom Erste Bank in CEE
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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1019 |
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In the following section these two problems will be analysed.
1. Regional influence
Erste Bank is active in CEE markets, which are strongly characterised by the former communist system; central planning has left these countries with a strong need for strict corporate governance as well as for clearly defined tasks and objectives...
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Furthermore, by giving national groups these kinds of responsibilities, it will be possible to clearly communicate operative goals to their employees. In addition, legal systems in CEE-markets tend to be very complex and strongly vary in between countries; these issues will be tackled by the creation of local legal departments...
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