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dc.title | Financial performance and bankruptcy concerns of SMEs in their export decision | en |
dc.contributor.author | Ključnikov, Aleksandr | |
dc.contributor.author | Civelek, Mehmet | |
dc.contributor.author | Krajčík, Vladimír | |
dc.contributor.author | Novák, Petr | |
dc.contributor.author | Červinka, Michal | |
dc.relation.ispartof | Oeconomia Copernicana | |
dc.identifier.issn | 2083-1277 Scopus Sources, Sherpa/RoMEO, JCR | |
dc.identifier.issn | 2353-1827 Scopus Sources, Sherpa/RoMEO, JCR | |
dc.date.issued | 2022 | |
utb.relation.volume | 13 | |
utb.relation.issue | 3 | |
dc.citation.spage | 867 | |
dc.citation.epage | 890 | |
dc.type | article | |
dc.language.iso | en | |
dc.publisher | Institute of Economic Research | |
dc.identifier.doi | 10.24136/oc.2022.025 | |
dc.relation.uri | http://economic-research.pl/Journals/index.php/oc/article/view/2103 | |
dc.relation.uri | http://economic-research.pl/Journals/index.php/oc/article/view/2103/1939 | |
dc.subject | financial performance | en |
dc.subject | bankruptcy | en |
dc.subject | SMEs | en |
dc.subject | export obstacles | en |
dc.subject | Visegrad countries | en |
dc.description.abstract | Research background: Due to having lack of financial power and low amount of revenues, most of 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 their performance and bankruptcy risk, they might more intensively perceive export barriers and this fact might determine their export decisions.Purpose of the article: This paper examines whether financial performance and bankruptcy concerns of SMEs affect their perceptions of export obstacles or not.Methods: This research performs random sampling method and directs an internet-mediated questionnaire to the selected respondents who are the executives of 408 Czech, Slovakian and Hungarian SMEs. To examine the influences of firm performance and bankruptcy on the percep-tions of export impediments by SMEs, this paper employs Ordinal Logistic Regression Test.Findings & value added: The results show that SMEs having less healthy financial conditions less intensively perceive cultural-linguistic export barriers in comparison with SMEs having better financial performance. Moreover, firm performance is not a predictor variable in the per-ceptions of export costs, legislative and tax-related barriers by SMEs. On the other hand, while SMEs having more bankruptcy concerns more intensively perceive tax-related and cultural -linguistic barriers, bankruptcy concerns of SMEs do not influence their perceptions of export costs and legislative differences. Although many studies have investigated the impacts of finan-cial conditions of SMEs on their internationalization and exporting decisions, they are isolated with only a market or only with a financial issue. The limited extents of those studies cause a partial investigation of export and financial issues of SMEs and make readers having a narrow perspective in this specific area. By focusing on various export obstacles and financial issues that SMEs face in different markets, this research offers a detailed understanding of SMEs' percep-tions regarding their financial conditions and export barriers, from a comprehensive perspective. In this regard, this is the research gap that this paper aims to fill. | en |
utb.faculty | Faculty of Management and Economics | |
dc.identifier.uri | http://hdl.handle.net/10563/1011198 | |
utb.identifier.obdid | 43883795 | |
utb.identifier.scopus | 2-s2.0-85142765817 | |
utb.identifier.wok | 000869485000008 | |
utb.source | J-wok | |
dc.date.accessioned | 2022-11-29T07:49:18Z | |
dc.date.available | 2022-11-29T07:49:18Z | |
dc.rights | Attribution 4.0 International | |
dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | |
dc.rights.access | openAccess | |
utb.contributor.internalauthor | Novák, Petr | |
utb.fulltext.affiliation | Aleksandr Ključnikov Pan-European University, Czechia orcid.org/0000-0003-0350-2658 Mehmet Civelek Pan-European University, Czechia orcid.org/0000-0002-1247-5308 Vladimír Krajčík Pan-European University, Czechia orcid.org/0000-0003-2234-3939 Petr Novák Tomas Bata Univesity in Zlín, Czechia orcid.org/0000-0003-4701-5755 Michal Červinka Pan-European University, Czechia orcid.org/0000-0003-2226-4501 Contact to corresponding author: Vladimír Krajčík, krajcik@vso-praha.eu | |
utb.fulltext.dates | Received: 25.01.2022 Accepted: 10.08.2022 Published online: 25.09.2022 | |
utb.fulltext.sponsorship | The paper is an output of the project NFP313010BWN6 „The implementation framework and business model of the Internet of Things, Industry 4.0 and smart transport“. | |
utb.wos.affiliation | [Kljucnikov, Aleksandr; Civelek, Mehmet; Krajcik, Vladimir; Cervinka, Michal] Pan European Univ, Bratislava, Slovakia; [Novak, Petr] Tomas Bata Univ Zlin, Zlin, Czech Republic | |
utb.scopus.affiliation | Pan-European University, Czech Republic; Tomas Bata Univesity in Zlín, Czech Republic | |
utb.fulltext.projects | NFP313010BWN6 | |
utb.fulltext.faculty | - | |
utb.fulltext.ou | - |