Abstract

The aim of this paper was to define the important market risk sources in the transport small and medium-sized enterprises segment. A part of this aim is to find out how entrepreneurs evaluate these sources, and quantify the differences in their evaluation based on the entrepreneur’s characteristics, such as nationality, age, gender and others. The questionnaire was completed by 122 enterprises from Slovakia, Poland, the Czech Republic and Serbia. Statistical tools such as pivot tables, percentages and goodness-of-fit tests were applied to verify the formulated hypotheses. The most important source of market risk is a strong competition in the line of business. The obtained education of entrepreneurs is statistically significant characteristics for the evaluation of the market risk sources in selected transport enterprises. The findings are important for state institutions and their support systems in the transport SMEs segment.

Highlights

  • Short literature backgroundEnterprises are facing constant changes in the business environment and the way to deal with these changes depends on the ability of the enterprise to adapt and accept the variability of everyday life [1]

  • The structure of the market risksources according to transport entrepreneurs was (n = 122): MR1

  • The paper aimed at defining important market risk sources in the transport small and medium-sized enterprises (SMEs) segment

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Summary

Introduction

Enterprises are facing constant changes in the business environment and the way to deal with these changes depends on the ability of the enterprise to adapt and accept the variability of everyday life [1]. The issues of market risk management in small and medium-sized enterprises (SMEs) have been analyzed and discussed for a long time [2]. The enterprise ( transport enterprise), is facing constant changes in the business environment at the national level and the way to deal with these changes depends on the ability of the enterprise to adapt and accept the new actualities [3,4]. The structure of the paper is as follows: The first part presents current findings in the small and medium-sized enterprises of the transport segment. The conclusion offers a final summary of own research, its limits and future

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