DISPARITIES IN THE PERCEPTION OF BUSINESS RISKS IN CONNECTION WITH THE ACHIEVED EDUCATION OF THE OWNER/MANAGER AND DOING BUSINESS

Reference: Dvorsky, J., Belas, J. Jr., Cera, G., Bilan, S. (2021). Disparities in the perception of business risks in connection with the achieved education of the owner/manager and doing business. International Journal of Entrepreneurial Knowledge, 9(1), 25-40. doi: 10.37335/ijek.v9i1.123

Authors

  • Ján Dvorský Tomas Bata University in Zlín, Faculty of Management and Economics, Department of Business Administration, Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz https://orcid.org/0000-0002-6078-2636
  • Jaroslav Belás, Jr. Department of Business Administration, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz https://orcid.org/0000-0003-1796-8598
  • Gentjan Çera Department of Business Administration, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz https://orcid.org/0000-0002-9324-181X
  • Svitlana Bilan Rzeszow University of Technology, Faculty of Management, Aleja Powstańców Warszawy 12, 35-959, Rzeszów, Poland, www.prz.edu.pl https://orcid.org/0000-0001-9814-5459

DOI:

https://doi.org/10.37335/ijek.v9i1.123

Keywords:

Entrepreneurship, SMEs, business risk, Visegrad group countries, disparity, risk sources

Abstract

The article aims to identify disparities in the perception of business risks connected with the achieved education of the owner/manager and doing business in the SME segment. The study's empirical part was realised on 1585 fulfil questionnaires of SMEs in the Visegrad countries (V4). The Chi-square test and Z-test verified the formulated statistical hypotheses. The research results brought a common and different perception of business risks between the examined groups of entrepreneurs. The results showed that the relationship between education and the entrepreneur's business area is not a statistically significant factor in the perception of market, financial and legal risk sources. On the contrary, disparities are significant in the perception of selected sources of management, strategic and personnel risk, between groups of entrepreneurs regarding the relationship between education and the business of the entrepreneur. Entrepreneurs whose education is related to the area of business perceive the sources of personnel risk (employee turnover and the effort of employees to increase their performance) more positively than entrepreneurs whose education is not related to business.

Author Biographies

Ján Dvorský, Tomas Bata University in Zlín, Faculty of Management and Economics, Department of Business Administration, Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz

Department of Business Administration, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz, e-mail: j1dvorsky@utb.cz. His research is focused on Enterprise Economics, Quality of Business Environment, Risk Management, Small and Medium-sized Enterprise and Education of students in the economic field. He published 45 scientific articles on database Scopus (h-index = 9).

Jaroslav Belás, Jr., Department of Business Administration, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz

Jaroslav Belas, Jr., a student at the Department of Management and Human Resources Development, Faculty of Social and Economic Relations, Alexander Dubcek University in Trenčin. His research activities focus on SMEs, and human resource management. His articles have been published in various international journals.

Gentjan Çera, Department of Business Administration, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz

Department of Business Administration, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic, Affiliation web page: www.fame.utb.cz, e-mail: cera@utb.cz. He is a PhD student in Economic Policy and Administration at the above institution. He is also an assistant professor at the Faculty of Economics and Agribusiness, Agricultural University of Tirana, Albania. His current research interest includes business environment, entrepreneurship and financial behaviour. Currently, he is managing one scientific project in the field of entrepreneurship.

Svitlana Bilan, Rzeszow University of Technology, Faculty of Management, Aleja Powstańców Warszawy 12, 35-959, Rzeszów, Poland, www.prz.edu.pl

Rzeszow University of Technology, Faculty of Management, Aleja Powstańców Warszawy 12, 35-959, Rzeszów, Poland, www.prz.edu.pl email: s.bilan@prz.edu.pl Here research is focused on Human Recourse Management, Enterprise Economics, Sustainable Development, Migration Studies. She published more than 20 scientific articles on the database Scopus (h-index = 7) and 19 scientific articles on the database Web of Science (h-index = 4).

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Published

2021-06-30