Detailed Information on Publication Record
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.Basic information
Original name
The impact of selected financial factors on business ethics in the SMEs segment in the V4 countries
Authors
BELÁS, Jaroslav, Jan KUBÁLEK, Roman HLAWICZKA, Andrea BENCSIK and Zdenko METZKER
Edition
Economics & Sociology, 2024, 2071-789X
Other information
Language
English
Type of outcome
Article in a journal
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
Impact factor
Impact factor: 3.000 in 2022
Organization unit
School of Business Administration in Karvina
Keywords in English
small and medium-sized enterprises financial factors business ethics V4 countries
Tags
Changed: 7/3/2025 07:09, Miroslava Snopková
Abstract
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.