Financial risk management in the V4 Countries’ SMEs segment. Investment Management and Financial Innovations

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63525704" target="_blank" >RIV/70883521:28120/20:63525704 - isvavai.cz</a>

Result on the web

<a href="https://businessperspectives.org/journals/investment-management-and-financial-innovations/issue-366/financial-risk-management-in-the-v4-countries-smes-segment" target="_blank" >https://businessperspectives.org/journals/investment-management-and-financial-innovations/issue-366/financial-risk-management-in-the-v4-countries-smes-segment</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.21511/imfi.17(4).2020.21" target="_blank" >10.21511/imfi.17(4).2020.21</a>

Result language

angličtina

Original language name

Financial risk management in the V4 Countries’ SMEs segment. Investment Management and Financial Innovations

Original language description

The paper examines entrepreneurs’ attitudes towards chosen problems of managing financial risk in the V4 countries’ small and medium-sized enterprises. Financial risk has a significant effect on SMEs’ operations and their sustainability in the market. Entrepreneurs’ attitudes were quantified in terms of the defined aim, and a comparison of the differences in the intensity of these perceptions was made. An empirical investigation was accomplished in the V4 countries via an online questionnaire in 2020 (before the onset of the corona-crisis). A total of 1,585 valid questionnaires were obtained. The results were compared using Chi-squared and Z-score. Entrepreneurs in all V4 countries perceive financial risk correctly as an everyday part of their business activities. Their perceptions are very similar in all V4 countries. SMEs in the V4 countries evaluated the financial performance of their companies quite positively. Entrepreneurs in this research have a relatively high opinion of their financial risk management knowledge, which they presented accordingly. The research also revealed that Hungarian entrepreneurs, instead of those from the other three V4 countries, have a higher opinion of their financial risk capabilities. They highly evaluated their financial risk management knowledge and showed a higher self-confidence in managing financial risk.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2020

Confidentiality

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

Name of the periodical

Investment Management and Financial Innovations

ISSN

1812-9358

e-ISSN

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Volume of the periodical

17

Issue of the periodical within the volume

4

Country of publishing house

UA - UKRAINE

Number of pages

14

Pages from-to

228-240

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85097880179