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Risk management level determinants in Visegrad countries – Sectoral analysis

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F23%3A63560778" target="_blank" >RIV/70883521:28120/23:63560778 - isvavai.cz</a>

  • Alternative codes found

    RIV/75081431:_____/23:00002547

  • Result on the web

    <a href="https://doi.org/10.3846/tede.2023.18415" target="_blank" >https://doi.org/10.3846/tede.2023.18415</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.3846/tede.2023.18415" target="_blank" >10.3846/tede.2023.18415</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Risk management level determinants in Visegrad countries – Sectoral analysis

  • Original language description

    Increasing competition has emphasized the need for creating and using more effective strategies at the level of SMEs to achieve competitive advantage. SMEs face higher risks in terms of the globalization due to the limited resources as well as size. The objective of the study was to examine the determinants of risk management with an emphasis on the sector specifics of SMEs in the V4 countries. This enables the quantification of sectoral differences in relation to the socio-economic determinants. The research sample included 1585 SMEs from the V4 countries. The data obtained from SME managers and owners were processed using the descriptive statistics and logistic regression. The results of the analyses confirm the existence of differences across SMEs concerning the risk management, which are determined by the country in which a given com-pany operates, industry, gender and age of its manager or the owner of the company. The results of the study provide a valuable platform for the development of systems to measure and assess business risks in companies and to set up training systems. It will also enhance the development of international and national benchmarking indicators and the creation of international databases for comparative analyses.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50201 - Economic Theory

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2023

  • Confidentiality

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

Data specific for result type

  • Name of the periodical

    Technological and Economic Development of Economy

  • ISSN

    2029-4913

  • e-ISSN

    2029-4921

  • Volume of the periodical

    29

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    LT - LITHUANIA

  • Number of pages

    19

  • Pages from-to

    307-325

  • UT code for WoS article

    000945971000001

  • EID of the result in the Scopus database

    2-s2.0-85149993045