Actual number: 1/2024
Archive
THE DIFFERNCES IN ORGANIZATION OF RISK MANAGEMENT BETWEEN SLOVAK AND POLISH SMEs
Nowadays SMEs are facing number of factors that undermine their business and financial results. These factors are the source of risks and due this fact, the organization of risk management becomes more and more significant. The main aim of the paper is to compare two basic characteristics of risk management between Slovak and Polish SMEs. Within the comparison, we focused on responsibilities of risk management and the level of the risk perception. To achieve the main aim, the questionnaire surveys in both countries were carried out. We found out, that in both countries, the responsibility for risk management in SMEs lies on owners and SMEs perceive the risks. The results of the paper contribute to the wide spreading of risk management context in SMEs.
Release: 2019/2 Pages: 60-69 JEL classification: L25, L26, G32
DOI:
Keywords: Small and medium enterprises, risk management, responsibility, risk perception, risk identification.
Section: SOCIAL ASPECTS OF MANAGEMENT
Contacts:
Katarína Havierniková, Ing., PhD.,
Department of Economy and Economics,
Faculty of Social and Economic Relations,
Alexander Dubček University of Trenčín
Študentská 3, 911 50 Trenčín, Slovakia,
e-mail: katarina.haviernikova@tnuni.sk
Małgorzata Okręglicka PhD.
Department of Economics, Investments and Real Estate,
Faculty of Management,
Czestochowa University of Technology
Dąbrowskiego 69, 42-201 Częstochowa, Poland,
e-mail: malgorzata.okreglicka@pcz.pl
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