RISK MANAGEMENT IN SMALL AND MEDIUM-SIZED ENTERPRISES: A GENDER-SENSITIVE APPROACH

TitleRISK MANAGEMENT IN SMALL AND MEDIUM-SIZED ENTERPRISES: A GENDER-SENSITIVE APPROACH
Publication TypeJournal Article
Year of Publication2015
AuthorsGorzeń-Mitka, I
JournalProblems of Management in the 21st Century
Volume10
Issue2
Start Page77–87
PaginationContinuous
Date PublishedDecember/2015
Type of ArticleOriginal Article
ISSN2029-6932
Other NumbersICID: 1189546
Keywordsgender differences, holistic risk management, small and medium enterprises
Abstract

Risk is inherent in all business functions and in every kind of activity. Small and medium-sized enterprises (SMEs) are particularly vulnerable to continuously daily internal and external undesirable events that adversely affect business performance. To deal with many risk determinants effectively, SMEs need a systemic method of approach to risk management. One of the factors of company risk management approach is gender of the owners or top executives. Especially from a managerial perspective, the link between risk-taking and gender has been examined through a wide range of approaches, such as entrepreneurial orientation and leadership related literatures. Some researchers point that male SME owners appear to show a greater risk appetite than female SME owners. The leading question in the undertaken research was to determine whether the gender of the firm's owners or top executives are reflected in the approach to risk management. The focal point of the research is identification of differences in risk taking and risk management in Polish SMEs companies from a gender perspective.

URLhttp://oaji.net/articles/2017/450-1515926119.pdf
DOI10.33225/pmc/15.10.77
Refereed DesignationRefereed
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