FINANCIAL RISK MANAGEMENT IN THE SME SEGMENT IN THE CZECH REPUBLIC

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F15%3A43873074" target="_blank" >RIV/70883521:28120/15:43873074 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
FINANCIAL RISK MANAGEMENT IN THE SME SEGMENT IN THE CZECH REPUBLIC
Original language description
The aim of this article is to examine the level of financial risk management and the evaluation of Czech managers of their ability to manage these risks properly. In order to do so, entrepreneurs of small and medium-sized enterprises (SME) from a selected region of the Czech Republic were surveyed. The results of this survey were then compared to a similar survey conducted in a selected region of Slovakia. The results show the entrepreneurs in both countries have a similar approach to the financial riskmanagement and share a similar opinion on their ability to manage these risks properly. However, the profitability of their companies has decreased in the current crisis what could be caused exactly by overestimating their own skills in the field of thefinancial risk management or the poor management of other risks impacting the financial risks afterwards.
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 7th International Scientific Conference Finance and the Performance of Firms in Science, Education and Practice
ISBN
978-80-7454-482-8
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
1597-1605
Publisher name
Fakulta managementu a ekonomiky, UTB ve Zlíně
Place of publication
Zlín
Event location
Zlín
Event date
Apr 23, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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