Financial performance and bankruptcy concerns of SMEs in their export decision

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F22%3A63552379" target="_blank" >RIV/70883521:28120/22:63552379 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/04130081:_____/22:N0000004 RIV/04130081:_____/23:N0000017

Výsledek na webu

<a href="http://economic-research.pl/Journals/index.php/oc/article/view/2103" target="_blank" >http://economic-research.pl/Journals/index.php/oc/article/view/2103</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24136/oc.2022.025" target="_blank" >10.24136/oc.2022.025</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Financial performance and bankruptcy concerns of SMEs in their export decision

Popis výsledku v původním jazyce

Research background: Due to having lack of financial power and low amount of revenues, mostof SMEs’ major concerns are bankruptcy and low financial performance. Those issues are risky situations for SMEs when making for their exporting activities. Therefore, depending on theirperformance and bankruptcy risk, they might more intensively perceive export barriers and thisfact might determine their export decisions.Purpose of the article: This paper examines whether financial performance and bankruptcyconcerns of SMEs affect their perceptions of export obstacles or not.Methods: This research performs random sampling method and directs an internet-mediatedquestionnaire to the selected respondents who are the executives of 408 Czech, Slovakian andHungarian SMEs. To examine the influences of firm performance and bankruptcy on the perceptionsof export impediments by SMEs, this paper employs Ordinal Logistic Regression Test.Findings &amp; value added: The results show that SMEs having less healthy financial conditionsless intensively perceive cultural-linguistic export barriers in comparison with SMEs havingbetter financial performance. Moreover, firm performance is not a predictor variable in the perceptionsof export costs, legislative and tax-related barriers by SMEs. On the other hand, whileSMEs having more bankruptcy concerns more intensively perceive tax-related and culturallinguisticbarriers, bankruptcy concerns of SMEs do not influence their perceptions of exportcosts and legislative differences. Although many studies have investigated the impacts of financialconditions of SMEs on their internationalization and exporting decisions, they are isolatedwith only a market or only with a financial issue. The limited extents of those studies causea partial investigation of export and financial issues of SMEs and make readers having a narrowperspective in this specific area. By focusing on various export obstacles and financial issues thatSMEs face in different markets, this research offers a detailed understanding of SMEs’ perceptionsregarding their financial conditions and export barriers, from a comprehensive perspective.In this regard, this is the research gap that this paper aims to fill.

Název v anglickém jazyce

Financial performance and bankruptcy concerns of SMEs in their export decision

Popis výsledku anglicky

Research background: Due to having lack of financial power and low amount of revenues, mostof SMEs’ major concerns are bankruptcy and low financial performance. Those issues are risky situations for SMEs when making for their exporting activities. Therefore, depending on theirperformance and bankruptcy risk, they might more intensively perceive export barriers and thisfact might determine their export decisions.Purpose of the article: This paper examines whether financial performance and bankruptcyconcerns of SMEs affect their perceptions of export obstacles or not.Methods: This research performs random sampling method and directs an internet-mediatedquestionnaire to the selected respondents who are the executives of 408 Czech, Slovakian andHungarian SMEs. To examine the influences of firm performance and bankruptcy on the perceptionsof export impediments by SMEs, this paper employs Ordinal Logistic Regression Test.Findings &amp; value added: The results show that SMEs having less healthy financial conditionsless intensively perceive cultural-linguistic export barriers in comparison with SMEs havingbetter financial performance. Moreover, firm performance is not a predictor variable in the perceptionsof export costs, legislative and tax-related barriers by SMEs. On the other hand, whileSMEs having more bankruptcy concerns more intensively perceive tax-related and culturallinguisticbarriers, bankruptcy concerns of SMEs do not influence their perceptions of exportcosts and legislative differences. Although many studies have investigated the impacts of financialconditions of SMEs on their internationalization and exporting decisions, they are isolatedwith only a market or only with a financial issue. The limited extents of those studies causea partial investigation of export and financial issues of SMEs and make readers having a narrowperspective in this specific area. By focusing on various export obstacles and financial issues thatSMEs face in different markets, this research offers a detailed understanding of SMEs’ perceptionsregarding their financial conditions and export barriers, from a comprehensive perspective.In this regard, this is the research gap that this paper aims to fill.

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

Oeconomia Copernicana

ISSN

2083-1277

e-ISSN

2353-1827

Svazek periodika

13

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

24

Strana od-do

867-890

Kód UT WoS článku

000869485000008

EID výsledku v databázi Scopus

2-s2.0-85142765817