Model of business risks and their impact on operational performance of SMEs

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F22%3A63534418" target="_blank" >RIV/70883521:28120/22:63534418 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.tandfonline.com/doi/full/10.1080/1331677X.2021.2010111" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/1331677X.2021.2010111</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1080/1331677X.2021.2010111" target="_blank" >10.1080/1331677X.2021.2010111</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Model of business risks and their impact on operational performance of SMEs

Popis výsledku v původním jazyce

Risks can negatively affect not only internal processes within a company and business results but also managerial decisions. One of the preconditions for sound decision-making would be the identification of specific risks. The primary goal of this paper is to create a structural model for exploring the interrelationships among sources of business risks and the operational performance of SMEs. A survey was conducted in 1,781 SMEs from selected Central European countries. CFA (Confirmatory Factor Analysis) was used to check the reliability and validity of the model. The Cronbach&apos;s alpha test was used to assess the internal consistency of data collection instruments. For measurement of sample adequacy, Kaiser-Meyer-Olkin (KMO) test was used. The model presented in this paper provides a tool for identifying the interrelationships among sources of business risks, operational performance and the market position. The model can help managers of SMEs focus on specific areas of their business that should not be ignored in decision-making processes.

Název v anglickém jazyce

Model of business risks and their impact on operational performance of SMEs

Popis výsledku anglicky

Risks can negatively affect not only internal processes within a company and business results but also managerial decisions. One of the preconditions for sound decision-making would be the identification of specific risks. The primary goal of this paper is to create a structural model for exploring the interrelationships among sources of business risks and the operational performance of SMEs. A survey was conducted in 1,781 SMEs from selected Central European countries. CFA (Confirmatory Factor Analysis) was used to check the reliability and validity of the model. The Cronbach&apos;s alpha test was used to assess the internal consistency of data collection instruments. For measurement of sample adequacy, Kaiser-Meyer-Olkin (KMO) test was used. The model presented in this paper provides a tool for identifying the interrelationships among sources of business risks, operational performance and the market position. The model can help managers of SMEs focus on specific areas of their business that should not be ignored in decision-making processes.

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

2022

Kód důvěrnosti údajů

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

Název periodika

Economic Research-Ekonomska Istrazivanja

ISSN

1331-677X

e-ISSN

1848-9664

Svazek periodika

35

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

19

Strana od-do

4047-4064

Kód UT WoS článku

000727160900001

EID výsledku v databázi Scopus

2-s2.0-85121300481