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