The internationalization of SMEs in Central Europe and its impact on their methods of risk management

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63525639" target="_blank" >RIV/70883521:28120/20:63525639 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2931" target="_blank" >https://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2931</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24818/EA/2020/55/792" target="_blank" >10.24818/EA/2020/55/792</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The internationalization of SMEs in Central Europe and its impact on their methods of risk management

Popis výsledku v původním jazyce

The international business environment is very competitive, and enterprises should be aware of how to manage business risks, which methods to choose, and what impact these risks have on the sustainability of these methods and on the whole system. The aim of this article is to analyse the impact of the internationalization of SMEs on risk management and define the differences in perceptions of the importance of sustainability regarding this system. Data from an extensive research study in V4 countries (Czech Republic, Hungary Slovakia, Poland) were analysed. Data were collected through on-line questionnaire in 2018, and a total of 1781 valid responses by SMEs were included in this research. To fulfil the research aim, three hypotheses were established. The odds ratio was calculated for the effect of company type (international x domestic) on the different individuals responsible for risk management. The Tarantula similarity measure was calculated to measure the strength and pairwise relationships between risk reducing strategies and risk management techniques. The Chi-Square test was applied to assess differences between variables. The results show that a specialized risk manager is authorized to deal with risk management in international companies more often than in domestic companies. There are also differences in the relationship between risk managing techniques and risk reducing strategies, depending on the presence of the business on international market. Companies in the international market are more focused on methods of risk management which support sustainability and their system of risk management has a more stable future. © 2020 Editura ASE Bucuresti.

Název v anglickém jazyce

The internationalization of SMEs in Central Europe and its impact on their methods of risk management

Popis výsledku anglicky

The international business environment is very competitive, and enterprises should be aware of how to manage business risks, which methods to choose, and what impact these risks have on the sustainability of these methods and on the whole system. The aim of this article is to analyse the impact of the internationalization of SMEs on risk management and define the differences in perceptions of the importance of sustainability regarding this system. Data from an extensive research study in V4 countries (Czech Republic, Hungary Slovakia, Poland) were analysed. Data were collected through on-line questionnaire in 2018, and a total of 1781 valid responses by SMEs were included in this research. To fulfil the research aim, three hypotheses were established. The odds ratio was calculated for the effect of company type (international x domestic) on the different individuals responsible for risk management. The Tarantula similarity measure was calculated to measure the strength and pairwise relationships between risk reducing strategies and risk management techniques. The Chi-Square test was applied to assess differences between variables. The results show that a specialized risk manager is authorized to deal with risk management in international companies more often than in domestic companies. There are also differences in the relationship between risk managing techniques and risk reducing strategies, depending on the presence of the business on international market. Companies in the international market are more focused on methods of risk management which support sustainability and their system of risk management has a more stable future. © 2020 Editura ASE Bucuresti.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2020

Kód důvěrnosti údajů

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

Název periodika

Amfiteatru Economic

ISSN

1582-9146

e-ISSN

—

Svazek periodika

22

Číslo periodika v rámci svazku

55

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

16

Strana od-do

792-807

Kód UT WoS článku

000560127700011

EID výsledku v databázi Scopus

2-s2.0-85090088776