detached from business practices Political factors: Reduced rates of corruption, powerful government Economic factors: High GDP and income, wealthy country, economic progress Social factors: Environmental concerns, high literacy rate, protection of property rioghts, better healthcare plans, powerful and advanced media technologies Developing countries Cultural factors: Religious and personal beliefs Political factors: High corruption rates, poor governance, political instability, lack of accountability Economic factors: Low GDP and income, high inflation, economic stagnation Social factors: Poverty, high underemployement rate, illiteracy, poor infrastructure, no protection of property rights Jamali 2014