Actual Problems Of Business Risk In SME Segment. Case Study From Slovakia

• Authors: Jaroslav Belás , Yuriy Bilan , Aleksandr Ključnikov , Zuzana Vincúrová , Jiří Macháček
• Languages of publication: EN

Abstracts

EN

The aim of this article was to define, quantify and compare the significant attributes of business risk for small and medium-sized enterprises (SMEs) in the selected regions of Slovakia. The data was collected through a questionnaire. The whole research was conducted in the Bratislava region on a sample of 102 SMEs, in the region of Trencin on a sample of 105 SMEs and in the Zilina region on a sample of 168 SMEs. Thus we compared important factors of business risk in the most economically developed region of the Slovak capital to the average regions of Trencin and Zilina. On the basis of the results of our research, we can conclude that the most important business risk is market risk in all regions. The average value of perceived market risk was higher than 50%. For this reason entrepreneurs have indicated the existence of negative trends in performance and profitability of their companies.

Keywords

EN

Small and medium-sized enterprises; regional differences; business risk; market risk; G L26; R11

• Publisher: Sciendo
• Journal: International Journal of Entrepreneurial Knowledge
• Year: 2015
• Volume: 3
• Issue: 1
• Pages: 46-56

Dates

published

2015-06-01

online

2015-08-21

Contributors

author

Jaroslav Belás

• Prof. Ing. Jaroslav Belás, PhD., Department of Enterprise Economics, Faculty of Management and Economics, Tomas Bata University in Zlin, Mostní 5139, 760 01 Zlin, Czech Republic

author

Yuriy Bilan

• Dr. Yuriy Bilan, University of Szczecin, Faculty of Economics Science and Management, Microeconomics Department

author

Aleksandr Ključnikov

• Ing. Aleksandr Ključnikov, Ph.D., Vysoká škola podnikání, Michálkovická 1810/181, 710 00 Ostrava-Slezská Ostrava;

author

Zuzana Vincúrová

• Ing. Zuzana Vincúrová, PhD., Faculty of Economics and Business, Pan-Europan University, Tematinska 10, 851 05 Bratislava, Slovak Republic

author

Jiří Macháček

• Ing. Jiří Macháček, Department of Regional Development, Public Sector Administration and Law, Faculty of Management and Economics, Tomas Bata University in Zlin, Mostní 5139, 760 01 Zlin, Czech Republic

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Identifiers

DOI

10.1515/ijek-2015-0010