Business risk management in the context of small and medium-sized enterprises
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63525619" target="_blank" >RIV/70883521:28120/20:63525619 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31110/21:00055717 RIV/70883521:28120/21:63525619
Result on the web
<a href="https://www.tandfonline.com/doi/full/10.1080/1331677X.2020.1844588" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/1331677X.2020.1844588</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/1331677X.2020.1844588" target="_blank" >10.1080/1331677X.2020.1844588</a>
Alternative languages
Result language
angličtina
Original language name
Business risk management in the context of small and medium-sized enterprises
Original language description
The aim of this paper is to review the impact of entrepreneurs’ attitudes toward the defined business risks on the perception of the future of small and medium-sized enterprises (SMEs). 454 SMEs from the Czech Republic (CR) participated in the research and completed an online questionnaire. Structural equation modelling and factor analysis were used to identify the causal relationships between the examined variables. Entrepreneurs’ attitudes toward business failure also have a positive effect on the future of the SME. The perception of financial risk in positive indicators of financial performance and the perception of financial risk as part of the company’s everyday life have the most significant impact on future business. Operational risk is reflected in the utilisation of corporate resources, reducing customer complaints about the quality of the company’s products and the company’s independence of a limited number of suppliers. The company’s sales volume adequacy provides a source of market risk. It has the third strongest positive impact on the future business in the SME segment. The research results provide a valuable platform for the authors of national and regional development strategic plans looking for SME support and development as well as the authors of the relevant policies.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Economic Research-Ekonomska Istrazivanja
ISSN
1331-677X
e-ISSN
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Volume of the periodical
33
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
19
Pages from-to
1-19
UT code for WoS article
000590629800001
EID of the result in the Scopus database
2-s2.0-85096395417