Financial performance and bankruptcy concerns of SMEs in their export decision

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F23%3AN0000017" target="_blank" >RIV/04130081:_____/23:N0000017 - isvavai.cz</a>

Alternative codes found

RIV/04130081:_____/22:N0000004 RIV/70883521:28120/22:63552379

Result on the web

<a href="https://journals.economic-research.pl/oc/article/view/2103" target="_blank" >https://journals.economic-research.pl/oc/article/view/2103</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24136/oc.2022.025" target="_blank" >10.24136/oc.2022.025</a>

Result language

angličtina

Original language name

Financial performance and bankruptcy concerns of SMEs in their export decision

Original language description

Research background: Due to having lack of financial power and low amount of revenues, most of SMEs? major concerns are bankruptcy and low financial performance. Those issues are risky situations for SMEs when making for their exporting activities. Therefore, depending on their performance and bankruptcy risk, they might more intensively perceive export barriers and this fact might determine their export decisions. Purpose of the article: This paper examines whether financial performance and bankruptcy concerns of SMEs affect their perceptions of export obstacles or not. Methods: This research performs random sampling method and directs an internet-mediated questionnaire to the selected respondents who are the executives of 408 Czech, Slovakian and Hungarian SMEs. To examine the influences of firm performance and bankruptcy on the perceptions of export impediments by SMEs, this paper employs Ordinal Logistic Regression Test. Findings & value added: The results show that SMEs having less healthy financial conditions less intensively perceive cultural-linguistic export barriers in comparison with SMEs having better financial performance. Moreover, firm performance is not a predictor variable in the perceptions of export costs, legislative and tax-related barriers by SMEs. On the other hand, while SMEs having more bankruptcy concerns more intensively perceive tax-related and cultural-linguistic barriers, bankruptcy concerns of SMEs do not influence their perceptions of export costs and legislative differences. Although many studies have investigated the impacts of financial conditions of SMEs on their internationalization and exporting decisions, they are isolated with only a market or only with a financial issue. The limited extents of those studies cause a partial investigation of export and financial issues of SMEs and make readers having a narrow perspective in this specific area. By focusing on various export obstacles and financial issues that SMEs face in different markets, this research offers a detailed understanding of SMEs? perceptions regarding their financial conditions and export barriers, from a comprehensive perspective. In this regard, this is the research gap that this paper aims to fill.

Czech name

—

Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

OECONOMIA COPERNICANA

ISSN

2083-1277

e-ISSN

2353-1827

Volume of the periodical

13

Issue of the periodical within the volume

2

Country of publishing house

PL - POLAND

Number of pages

24

Pages from-to

867–890

UT code for WoS article

000869485000008

EID of the result in the Scopus database

2-s2.0-85142765817