Quantitative assessment of selected financial aspects of small and medium-sized enterprises in a developing country

Mura, Ladislav; Buleca, J.; Hajduová, Zuzana; Andrejkovič, Marek

doi:10.7813/2075-4124.2013/5-6/b.50

Cited by 8 publications

(8 citation statements)

References 10 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Observational studies have made evident the fact that ICT companies should create a network with their business partners to support production (Ključnikov¹, et al, 2019;Oláh et al, 2017) and maintain social collaboration (Mura et al, 2015;Oláh et al, 2019b), and to access pivotal resources (Pratono, 2018). More recently, it has been revealed that a social network including trust in partners enhances business performance as a result of reducing external transaction costs (Almășan et al, 2019;Sako, 1992;Sako & Helper, 1998).…”

mentioning

confidence: 99%

Integrative trust and innovation on financial performance in disruptive era

Oláh¹,

Hidayat²,

Popp³

et al. 2021

Economics &Amp; Sociology

View full text Add to dashboard Cite

This is consistent with the idea that external authorities, such as institutions, may provide legal protection and an appropriate business climate as the requirements for collaborations (Goergen et al., 2013). As a consequence, performance of various institutions may promote trust in the institutions which they are connected to, to rebuild -or to weaken -interpersonal trust and trust in business partners (Brehm

show abstract

mentioning

confidence: 99%

Integrative trust and innovation on financial performance in disruptive era

Oláh¹,

Hidayat²,

Popp³

et al. 2021

Economics &Amp; Sociology

View full text Add to dashboard Cite

show abstract

“…Having recognized this problem, several training programs have been launched abroad recently to improve the accounting and financial literacy of small entrepreneurs, and young and/or micro-entrepreneurs, which have already had perceivable, positive-albeit mostly moderate-effects (Bruhn and Zia 2013;Cole et al 2012;Drexler et al 2014;Karlan and Valdivia 2011). This shows what several authors found: that there is a close link between financial literacy and corporate performance, given that companies with a higher level of financial awareness show performance growth (Mura et al 2015). In conclusion, it can be stated that a lack of financial knowledge could become a great obstacle in corporate operations, growth, and investment decisions.…”

Section: Introductionmentioning

confidence: 70%

The Impact of Financial Culture on the Operation of Hungarian SMEs before and during COVID-19

Tóth

Kása

Lentner

2022

Risks

View full text Add to dashboard Cite

The main aim of this study is to explore the conceptual framework of corporate financial culture and its practical relevance in an emerging Central European market economy, at the level of the Hungarian SME, with a special emphasis on the Hungarian SME sector. In our study, we highlight each dimension of corporate financial culture, focusing on the established corporate financial culture index, and within it, we examine the significance of the financial management elements sub-index and the risk and insurance sub-index separately. In addition, we look for logical, causal, and statistically verifiable relationships between corporate financial literacy and the outcome of corporate financial decisions and corporate risk taking. The relationships were broken down over two years in the analysis. Approximately 2167 responses were included in the 2019 sample and 3281 in the 2021 sample. These representative samples were taken from the Hungarian SME sector and multiple linear regression models were built to find a significant moderation effect of financial literacy between perceived risks and the insurance activity of companies. We conducted our research in two different periods, the unique feature of which is that we conducted a survey before and during the coronavirus crisis, so we could make a comparative analysis. The method used in this research study is a literature review analysis of reference manuscripts, discussing topics related to financial literacy, corporate risk management, and corporate financial management, published in the last 10 years. Our results show that there are positive and significant relationships between company management, corporate risk management, and corporate financial literacy. The results of our study draw the attention of company leaders to the practical significance of financial culture—efficiency, profitability, and stability.

show abstract

“…Technological changes also require the application of IT technologies and communication systems in managing production. Corresponding to the modern trends of global financial business and entrepreneurship, the methodology of organizational modelling is a multilevel corporate business model of an international bank with executive and functional (business, functions, structure), technological, process role, regulatory, service, quantitative subsystems [9,10]. Shpak, N., Seliuchenko, N., Kharchuk, V., Kosar, N., Sroka, W. [11] have offered the framework for evaluating product competitiveness implemented for the construction industry.…”

Section: Introductionmentioning

confidence: 99%

Construction Development and Its Impact on the Construction Enterprises Financial Results

Павелко

Lazaryshyna

Dukhnovska

et al. 2021

EEA

View full text Add to dashboard Cite

The article aims to monitor the construction development dynamics in Ukraine in recent years and substantiate its impact on the construction enterprises' financial results in general. The existing factors of development of construction in Ukraine are analyzed. The following groups: political, raw, industrial, environmental, consumer, infrastructure and investment, macroeconomic, financial, social, and innovative are identified. The influence of the factors mentioned above on the financial results of construction enterprises activity and the generating factors - income and expenses- is revealed. It was established that construction has become more active in recent years, with the highest residential and non-residential construction rates and the engineering structures construction in 2016, which were observed in Kyiv. Each year, the largest capital investments are characterized by engineering structures, in contrast to residential and non-residential buildings. The maximization of income and cost minimization make for improving the efficiency of the management of construction enterprises, which represents their ultimate goal. The conducted research gives reasons to state the significant role of the country macroeconomic environment in the construction enterprises functioning and the purport of their financial results. Construction development directions in the present conditions, the methodology, and construction enterprise accounting organization are covered.

show abstract

Quantitative assessment of selected financial aspects of small and medium-sized enterprises in a developing country

Cited by 8 publications

References 10 publications

Integrative trust and innovation on financial performance in disruptive era

Integrative trust and innovation on financial performance in disruptive era

The Impact of Financial Culture on the Operation of Hungarian SMEs before and during COVID-19

Construction Development and Its Impact on the Construction Enterprises Financial Results

Contact Info

Product

Resources

About