Microenterprises’ entrepreneurs’ attitudes to managing financial risks

摘要

The aim of this paper is to define and quantify significant financial risk factors for microenterprises in the current dynamic economic environment and to compare the position of these enterprises by gender and education of entrepreneurs and age of a company. We found that more than three quarters of Czech microenterprises perceive the intense impact of financial risks. The importance of financial risk during the crisis increased, as confirmed by more than 60% of microenterprises. We also found that creation of financial reserves does not have significant influence. Significant differences in the attitudes by gender and education were not identified at all. However, we found out that today older microenterprises feel more intense financial risks when compared with younger companies. © Sergej Vojtovic, Jaroslav Belas, Jozef Habanik, 2016.