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Managerial decision-making on the location of banking headquarters in the Czech Republic

Managerial decision-making on the location of banking headquarters in the Czech Republic AbstractLocation decision-making constitutes one of pivotal tasks for banking managements, which applies to both banking headquarters and affiliates. The main objective of this article consists in analysis and interpretation of location factors that stay behind location-decision making of banking managements and subsequent collocation of banking head offices in the Czech Republic. In doing so, cluster analysis was utilised appropriately and it turned out, initial 18 location factors can be decreased to final three mutually similar groups, which satisfactorily embody location criteria banking managements take into account. As it has been proven banking landscape in the Czech Republic is still influenced by traditional hard factors of location, nonetheless their soft counterparts should be increasingly considered. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png GeoScape de Gruyter

Managerial decision-making on the location of banking headquarters in the Czech Republic

GeoScape , Volume 11 (2): 8 – Dec 1, 2017

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References (39)

Publisher
de Gruyter
Copyright
© 2017 Jan Sucháček et al., published by De Gruyter Open
eISSN
1802-1115
DOI
10.1515/geosc-2017-0006
Publisher site
See Article on Publisher Site

Abstract

AbstractLocation decision-making constitutes one of pivotal tasks for banking managements, which applies to both banking headquarters and affiliates. The main objective of this article consists in analysis and interpretation of location factors that stay behind location-decision making of banking managements and subsequent collocation of banking head offices in the Czech Republic. In doing so, cluster analysis was utilised appropriately and it turned out, initial 18 location factors can be decreased to final three mutually similar groups, which satisfactorily embody location criteria banking managements take into account. As it has been proven banking landscape in the Czech Republic is still influenced by traditional hard factors of location, nonetheless their soft counterparts should be increasingly considered.

Journal

GeoScapede Gruyter

Published: Dec 1, 2017

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