IJREH | Environmental Factors Affecting commercial law

Indexing and Abstracting

Environmental Factors Affecting commercial law

Bilal Siddeeq Salih

International Journal of Rural Development, Environment and Health Research(IJREH), Vol-2,Issue-5, September - October 2018, Pages 57-61, 10.22161/ijreh.2.5.3

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Abstract:

Kurdistan has a growing market infused with rapid industrial development and economic growth. Organizations must understand the differences in the legal, political, social and economic environment of the country as these can be difficult to manage and may hinder business development. The main aim of this study is to examine environmental factors effecting business law. The population of the study comprised all finance companies operating in Kurdistan. A sampling frame was used for this study comprising of micro finance companies operating in Erbil. A sample size of 109 respondents was used for the study. This sample was selected through the simple random sampling technique. The results showed that the value of beta for legal factor is .599 with the P-value .000 this means that the legal environment will have positive and significant influence on business law, accordingly hypothesis one is supported, the value of beta for political factor is .613 with the P-value .000 this means that the political environment will have positive and significant influence on business law, accordingly hypothesis two is supported, the value of beta for social factor is .514 with the P-value .000 this means that the social environment will have positive and significant influence on business law, accordingly hypothesis three is supported and finally the value of beta for economic factor is .608 with the P-value .000 this means that the economic environment will have positive and significant influence on business law, accordingly hypothesis four is supported.

Keywords:

environmental factors, law, political, social, legal, Business.

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