Approaches of Czech entrepreneurs to debt financing and management of credit risk

Ključnikov, Aleksandr; Belás, Jaroslav

dc.title	Approaches of Czech entrepreneurs to debt financing and management of credit risk	en
dc.contributor.author	Ključnikov, Aleksandr
dc.contributor.author	Belás, Jaroslav
dc.relation.ispartof	Equilibrium-Quarterly Journal of Economics and Economic Policy
dc.identifier.issn	1689-765X Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued	2016
utb.relation.volume	11
utb.relation.issue	2
dc.citation.spage	343
dc.citation.epage	365
dc.type	article
dc.language.iso	en
dc.publisher	Institute of Economic Research- Poland
dc.identifier.doi	10.12775/EQUIL.2016.016
dc.relation.uri	https://www.ceeol.com/search/article-detail?id=459538
dc.subject	small and medium enterprises	en
dc.subject	credit risk	en
dc.subject	debt financing	en
dc.subject	gender of entrepreneurs	en
dc.subject	education of entrepreneurs	en
dc.subject	company's age and size	en
dc.subject	Czech Republic	en
dc.description.abstract	The aim of this article was to define, quantify and compare significant factors of the debt financing in the segment of SMEs. The research focused on the significant differences between groups of entrepreneurs, defined in relation to gender, education, size and age of the company, was carried out in the Czech Republic in 2015 on a sample of 1,141 respondents. We found that while the importance of the credit risk increased during the crisis, the level of knowledge of conditions under which commercial banks provide loans is relatively low between entrepreneurs. Entrepreneurs presume that the credit conditions in commercial banks are not transparent, but agree that the better knowledge of credit criteria allows for easier access to funding. Substantial differences in the assessment of the factors of credit risk by defined groups of entrepreneurs were identified.	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1007403
utb.identifier.obdid	43874932
utb.identifier.scopus	2-s2.0-85020386538
utb.identifier.wok	000399974900008
utb.source	j-wok
dc.date.accessioned	2017-09-08T12:14:52Z
dc.date.available	2017-09-08T12:14:52Z
dc.rights	Attribution 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by/4.0/
dc.rights.access	openAccess
utb.contributor.internalauthor	Belás, Jaroslav
utb.fulltext.affiliation	Aleksandr Ključnikov∗ Paneuropean University in Bratislava, Slovak Republic Jaroslav Belás Tomas Bata University in Zlin, Czech Republic ∗ Contact: aleksadr.kljucnikov@vsp.cz, Paneuropean University in Bratislava, Faculty of Economics and Business, Tematinská 10, 820 01 Bratislava, Slovak Republic Contact: belas111@gmail.com, Department of Enterprise Economics, Faculty of Management and Economics, Tomas Bata University in Zlin, Mostní 5139, 760 01 Zlin, Czech Republic
utb.fulltext.dates	Date of submission: June 9, 2015; date of acceptance: December 15, 2015
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utb.scopus.affiliation	Paneuropean University in Bratislava, Faculty of Economics and Business, Tematinská 10, Bratislava, 820 01, Slovakia; Department of Enterprise Economics, Faculty of Management and Economics, Tomas Bata University in Zlin, Mostní 5139, Zlin, 760 01, Czech Republic