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Business risks and their impact on business future concerning the entrepreneur's experience with business bankruptcy: Case of Czech Republic

Identifikátory výsledku

  • Kód výsledku v IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F20%3AN0000008" target="_blank" >RIV/04130081:_____/20:N0000008 - isvavai.cz</a>

  • Nalezeny alternativní kódy

    RIV/70883521:28120/20:63525280

  • Výsledek na webu

    <a href="https://businessperspectives.org/index.php/journals/problems-and-perspectives-in-management/issue-350/business-risks-and-their-impact-on-business-future-concerning-the-entrepreneur-s-experience-with-business-bankruptcy-case-of-czech-republic" target="_blank" >https://businessperspectives.org/index.php/journals/problems-and-perspectives-in-management/issue-350/business-risks-and-their-impact-on-business-future-concerning-the-entrepreneur-s-experience-with-business-bankruptcy-case-of-czech-republic</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.21511/ppm.18(2).2020.34" target="_blank" >10.21511/ppm.18(2).2020.34</a>

Alternativní jazyky

  • Jazyk výsledku

    angličtina

  • Název v původním jazyce

    Business risks and their impact on business future concerning the entrepreneur's experience with business bankruptcy: Case of Czech Republic

  • Popis výsledku v původním jazyce

    The article aims to determine the difference in the perception of selected business risks and their impact on the future of business concerning the entrepreneur's experience with business bankruptcy. The case study involved 73 small and medium-sized enterprises (SMEs) with experience of business bankruptcy and 381 SMEs without the experience of business bankruptcy from the Czech Republic (CR). Linear regression models were used to verify statistically significant causal relationships between selected indicators of the most significant business risks and respondents' perceptions of the future of business. The results brought interesting findings. The attitudes of entrepreneurs show that personnel, market, and financial risk are among the three most significant business risks. Experience with business failure is not a significant factor in determining the impact of market indicators on the business's perceived future. The adequacy of sales of services and products has the greatest impact. The experience of the bankruptcy of SMEs is important in financial risk attitudes. According to entrepreneurs who have no experience with bankruptcy, the perception of financial performance has the greatest direct impact on the future of business. Conversely, for entrepreneurs who have experienced bankruptcy, the ability to properly manage financial risk on the company's future has the greatest direct impact. © 2020 LLC CPC Business Perspectives. All rights reserved.

  • Název v anglickém jazyce

    Business risks and their impact on business future concerning the entrepreneur's experience with business bankruptcy: Case of Czech Republic

  • Popis výsledku anglicky

    The article aims to determine the difference in the perception of selected business risks and their impact on the future of business concerning the entrepreneur's experience with business bankruptcy. The case study involved 73 small and medium-sized enterprises (SMEs) with experience of business bankruptcy and 381 SMEs without the experience of business bankruptcy from the Czech Republic (CR). Linear regression models were used to verify statistically significant causal relationships between selected indicators of the most significant business risks and respondents' perceptions of the future of business. The results brought interesting findings. The attitudes of entrepreneurs show that personnel, market, and financial risk are among the three most significant business risks. Experience with business failure is not a significant factor in determining the impact of market indicators on the business's perceived future. The adequacy of sales of services and products has the greatest impact. The experience of the bankruptcy of SMEs is important in financial risk attitudes. According to entrepreneurs who have no experience with bankruptcy, the perception of financial performance has the greatest direct impact on the future of business. Conversely, for entrepreneurs who have experienced bankruptcy, the ability to properly manage financial risk on the company's future has the greatest direct impact. © 2020 LLC CPC Business Perspectives. All rights reserved.

Klasifikace

  • Druh

    J<sub>SC</sub> - Článek v periodiku v databázi SCOPUS

  • CEP obor

  • OECD FORD obor

    50204 - Business and management

Návaznosti výsledku

  • Projekt

  • Návaznosti

    N - Vyzkumna aktivita podporovana z neverejnych zdroju

Ostatní

  • Rok uplatnění

    2020

  • Kód důvěrnosti údajů

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

Údaje specifické pro druh výsledku

  • Název periodika

    Problems and Perspectives in Management

  • ISSN

    1727-7051

  • e-ISSN

  • Svazek periodika

    18

  • Číslo periodika v rámci svazku

    2

  • Stát vydavatele periodika

    UA - Ukrajina

  • Počet stran výsledku

    13

  • Strana od-do

    418-430

  • Kód UT WoS článku

  • EID výsledku v databázi Scopus

    2-s2.0-85090617787