Important characteristics of an entrepreneur in relation to risk taking: Czech Republic case study

Kozubíková, Ludmila; Dvorský, Ján; Cepel, Martin; Balcerzak, Adam P.

Název:	Important characteristics of an entrepreneur in relation to risk taking: Czech Republic case study
Autor:	Kozubíková, Ludmila; Dvorský, Ján; Cepel, Martin; Balcerzak, Adam P.
Typ dokumentu:	Recenzovaný odborný článek (English)
Zdrojový dok.:	Journal of International Studies. 2017, vol. 10, issue 3, p. 220-233
ISSN:	2071-8330 (Sherpa/RoMEO, JCR)

DOI:	https://doi.org/10.14254/2071-8330.2017/10-3/16
Abstrakt:	New businesses arising at the market usually operate in the sector of small and medium-sized enterprises and account for a significant part of the whole global economy. Not only the success of a start-up company, but also its sequel within the SME sector are significantly influenced by entrepreneur's personality. The aim of this article is to explore the attitude to financial risk in relation to sociodemographic characteristics (gender, education, age) and the most important personality traits of entrepreneurs (risk-taking, decisiveness, optimism). We have analyzed the data collected from 1141 respondents during 2015 in 14 regions of Czech Republic. Empirical results of our paper show that the researched entrepreneurs rather can't manage financial risks in their firms regardless their gender, education, age or personality traits. Most entrepreneurs consider the importance of financial risk to increase during the crisis period. These opinions differed in relation to age, gender and such personality traits as "decisiveness" and "optimism". The results also show that the entrepreneurs try to minimise the financial risk through building-up reserves in relation to such qualities as "risk-taking" and "decisiveness" in comparison to a rather negative attitude to "optimism". © Foundation of International Studies, 2017 & CSR, 2017.
Zobrazit celý záznam

Soubory tohoto záznamu

Název:Fulltext_1007624.pdf

Velikost:401.5Kb

Formát:PDF

Popis:fulltext

Zobrazit/otevřít

Citace ČSN ISO 690:2011

Citace článku v časopise:
KOZUBÍKOVÁ, Ludmila, Ján DVORSKÝ, Martin CEPEL a Adam P. BALCERZAK. Important characteristics of an entrepreneur in relation to risk taking: Czech Republic case study. Journal of International Studies. 2017, vol. 10, iss. 3, s. 220-233. ISSN 2071-8330.

Tyto citace vytvořil software a mohou obsahovat chyby. Pro ověření přesnosti si nastudujte příslušnou citační normu nebo příručku.