THE INFLUENCE OF SELECTED FINANCIAL FACTORS ON THE COMPANY
SURVIVAL OF SMES IN V4 COUNTRIES

J 2023

THE INFLUENCE OF SELECTED FINANCIAL FACTORS ON THE COMPANY SURVIVAL OF SMES IN V4 COUNTRIES

METZKER, Zdenko, Roman HLAWICZKA, Irma TABAKU and Ho Thanh TUNG

Basic information

Original name

THE INFLUENCE OF SELECTED FINANCIAL FACTORS ON THE COMPANY SURVIVAL OF SMES IN V4 COUNTRIES

Name in Czech

VLIV VYBRANÝCH FINANČNÍCH FAKTORŮ NA PŘEŽITÍ PODNIKŮ V ZEMÍCH V4

Authors

METZKER, Zdenko (703 Slovakia, guarantor), Roman HLAWICZKA (203 Czech Republic, belonging to the institution), Irma TABAKU (8 Albania) and Ho Thanh TUNG (704 Viet Nam)

Edition

Investment Management and Financial Innovations, 2023, 1810-4967

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50206 Finance

Country of publisher

Ukraine

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

URL

RIV identification code

RIV/47813059:19520/23:A0000423

Organization unit

School of Business Administration in Karvina

DOI

http://dx.doi.org/10.21511/imfi.20(4).2023.36

Keywords in English

SMEs; financial risks; financial management; managerial perception

Změněno: 28/3/2024 09:30, Miroslava Snopková

Abstract

ORIG CZ

V originále

This article investigates the financial management attitudes of small and medium-sized enterprises (SMEs) in the Visegrad Four (V4) countries and their implications for long-term sustainability. Through an empirical study involving 1,398 respondents, the research explores the role of financial management comprehension, risk acceptance, and effective management in SMEs' enduring success. Findings suggest that understanding and managing financial risks, along with positive assessments of financial activities, significantly influence SME stability. The study emphasizes the importance of effective financial management practices and positive self-assessment for SMEs to achieve sustained stability in the dynamic business landscape of the V4 nations.

In Czech

Tento článek zkoumá přístupy malých a středních podniků (MSP) v zemích Visegrádské čtyřky (V4) k finančnímu řízení a jejich důsledky pro dlouhodobou udržitelnost. Prostřednictvím empirické studie, které se zúčastnilo 1 398 respondentů, zkoumá roli porozumění finančnímu řízení, akceptace rizika a efektivního řízení v trvalém úspěchu malých a středních podniků. Zjištění naznačují, že pochopení a řízení finančních rizik spolu s pozitivním hodnocením finančních aktivit významně ovlivňují stabilitu MSP. Studie zdůrazňuje význam efektivních postupů finančního řízení a pozitivního sebehodnocení pro MSP, aby dosáhly trvalé stability v dynamickém podnikatelském prostředí zemí V4.

Citovat

METZKER, Zdenko, Roman HLAWICZKA, Irma TABAKU and Ho Thanh TUNG. THE INFLUENCE OF SELECTED FINANCIAL FACTORS ON THE COMPANY SURVIVAL OF SMES IN V4 COUNTRIES. Investment Management and Financial Innovations. 2023, vol. 20, No 4, p. 467-476. ISSN 1810-4967. Available from: https://dx.doi.org/10.21511/imfi.20(4).2023.36.

@article{74626,
   author = {Metzker, Zdenko and Hlawiczka, Roman and Tabaku, Irma and Tung, Ho Thanh},
   article_number = {4},
   doi = {http://dx.doi.org/10.21511/imfi.20(4).2023.36},
   keywords = {SMEs; financial risks; financial management; managerial perception},
   language = {eng},
   issn = {1810-4967},
   journal = {Investment Management and Financial Innovations},
   title = {THE INFLUENCE OF SELECTED FINANCIAL FACTORS ON THE COMPANY SURVIVAL OF SMES IN V4 COUNTRIES},
   url = {https://www.businessperspectives.org/index.php/journals/investment-management-and-financial-innovations/issue-443/the-influence-of-selected-financial-factors-on-the-survival-of-smes-in-v4-countries},
   volume = {20},
   year = {2023}
}

TY  - JOUR
ID  - 74626
AU  - Metzker, Zdenko - Hlawiczka, Roman - Tabaku, Irma - Tung, Ho Thanh
PY  - 2023
TI  - THE INFLUENCE OF SELECTED FINANCIAL FACTORS ON THE COMPANY SURVIVAL OF SMES IN V4 COUNTRIES
JF  - Investment Management and Financial Innovations
VL  - 20
IS  - 4
SP  - 467-476
EP  - 467-476
SN  - 18104967
KW  - SMEs
KW  - financial risks
KW  - financial management
KW  - managerial perception
UR  - https://www.businessperspectives.org/index.php/journals/investment-management-and-financial-innovations/issue-443/the-influence-of-selected-financial-factors-on-the-survival-of-smes-in-v4-countries
N2  - This article investigates the financial management attitudes of small and medium-sized enterprises (SMEs) in the Visegrad Four (V4) countries and their implications for long-term sustainability. Through an empirical study involving 1,398 respondents, the research explores the role of financial management comprehension, risk acceptance, and effective management in SMEs' enduring success. Findings suggest that understanding and managing financial risks, along with positive assessments of financial activities, significantly influence SME stability. The study emphasizes the importance of effective financial management practices and positive self-assessment for SMEs to achieve sustained stability in the dynamic business landscape of the V4 nations.
ER  -

METZKER, Zdenko, Roman HLAWICZKA, Irma TABAKU and Ho Thanh TUNG. THE INFLUENCE OF SELECTED FINANCIAL FACTORS ON THE COMPANY SURVIVAL OF SMES IN V4 COUNTRIES. \textit{Investment Management and Financial Innovations}. 2023, vol.~20, No~4, p.~467-476. ISSN~1810-4967. Available from: https://dx.doi.org/10.21511/imfi.20(4).2023.36.

Detailed Information on Publication Record