J 2024

The impact of selected financial factors on business ethics in the SMEs segment in the V4 countries

BELÁS, Jaroslav, Jan KUBÁLEK, Roman HLAWICZKA, Andrea BENCSIK, Zdenko METZKER et. al.

Základní údaje

Originální název

The impact of selected financial factors on business ethics in the SMEs segment in the V4 countries

Autoři

BELÁS, Jaroslav, Jan KUBÁLEK, Roman HLAWICZKA, Andrea BENCSIK a Zdenko METZKER

Vydání

Economics & Sociology, 2024, 2071-789X

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Impakt faktor

Impact factor: 3.000 v roce 2022

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

Klíčová slova anglicky

small and medium-sized enterprises financial factors business ethics V4 countries

Štítky

Změněno: 7. 3. 2025 07:09, Miroslava Snopková

Anotace

V originále

This study examines the impact of selected financial management factors on business ethics among small and medium-sized enterprises (SMEs) in the Visegrad Four countries (Czech Republic, Slovakia, Poland, and Hungary). Empirical research was conducted in June 2022 using a CAWI-based random sampling method, involving 347 respondents from the Czech Republic, 322 from Slovakia, 381 from Poland, and 348 from Hungary. Regression and correlation analyses confirmed that financial management factors significantly influence entrepreneurs' attitudes toward business ethics. The most influential factor is knowledge of key financial management aspects, followed by confidence in managing financial risks, understanding financial risk, and belief in a firm's medium-term survival. Notably, a firm's positive financial performance does not affect ethical attitudes. The impact of financial management factors on business ethics varies across the V4 countries, with Hungarian SMEs showing distinct characteristics compared to those in the Czech Republic, Slovakia, and Poland.