Leading Risk Management Determinants of Small and Medium-Sized Enterprises (SMEs): An Exploratory Study in Poland

Gorzeń-Mitka Iwona ()
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Gorzeń-Mitka Iwona: Czestochowa University of Technology

A chapter in Entrepreneurship, Business and Economics - Vol. 1, 2016, pp 289-298 from Springer

Abstract: Abstract Risk is inherent in all business functions and in every kind of activity. Small and medium-sized enterprises (SMEs) are a particularly vulnerable to continuously daily internal and external undesirable events that adversely affect for business performance. Among the disturbances, some are likely to create risks to the enterprises in terms of loss of production, manufacturing capability, human resource, market share and economic losses. To deal with these risk determinants effectively, SMEs need a systematic method of approach to risk management. The focus of research was to identify risk management determinants of SMEs. This paper presents a set of risk management determinants in an SME in Poland.

Keywords: Enterprise risk management; Risk; Risk management determinants; SMEs; Poland (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-319-27570-3_23

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DOI: 10.1007/978-3-319-27570-3_23

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