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Selected aspects of financial risks of SMEs in Czech Republic and Slovakia

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dc.title Selected aspects of financial risks of SMEs in Czech Republic and Slovakia en
dc.contributor.author Kozubíková, Ludmila
dc.contributor.author Ključnikov, Aleksandr
dc.contributor.author Smrčka, Luboš
dc.relation.ispartof Actual Problems of Economics
dc.identifier.issn 1993-6788 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2016
utb.relation.volume 184
utb.relation.issue 10
dc.citation.spage 98
dc.citation.epage 106
dc.type article
dc.language.iso en
dc.publisher National Academy of Management
dc.subject Czech Republic en
dc.subject Financial risk en
dc.subject Slovakia en
dc.subject Small and medium-sized enterprises (SMEs) en
dc.description.abstract The article examines the selected aspects of financial risk of SMEs in the Czech Republic and Slovakia. Significant attributes of financial risks are defined and attitudes of entrepreneurs to risk are compared. Czech entrepreneurs were less critical in the opinion that SMEs have difficulties in gaining access to external sources of financing. It was found that only a small part of entrepreneurs in both countries can properly manage financial risks. The biggest differences are observed between these countries during the comparison of the impacts on financial risks’ growth and SMEs’ approach to external financing sources. Czech entrepreneurs have more positive attitude than the Slovak ones. Some differences were also found among the attitudes of companies in terms of their age, older companies in both countries more intensively perceive the importance of financial risks during crisis. © Ludmila Kozubikova, Aleksandr Kljucnikov, Lubos Smrcka, 2016. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1006830
utb.identifier.obdid 43875061
utb.identifier.scopus 2-s2.0-84992646942
utb.source j-scopus
dc.date.accessioned 2017-02-28T15:11:31Z
dc.date.available 2017-02-28T15:11:31Z
dc.rights Attribution 2.0 Generic
dc.rights.uri http://creativecommons.org/licenses/by/2.0/
dc.rights.access openAccess
utb.contributor.internalauthor Kozubíková, Ludmila
utb.fulltext.affiliation Ludmila Kozubikova 1 , Aleksandr Kljucnikov 2 , Lubos Smrcka 3 1 Tomas Bata University in Zlin, Czech Republic. 2 Pan-European University, Bratislava, Slovak Republic. 3 University of Economics Prague, Czech Republic.
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