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Author
Kozubíková Ludmila (Tomas Bata University in Zlín, Czech Republic), Kubálek Jan (Prague University of Economics and Business, Czech Republic), Novotná Andrea (Institute of Technology and Business in České Budějovice, Czech Republic), Petráková Zora (Slovak University of Technology, Slovakia)
Title
The Impact Of Selected Environmental Factors on The Perception of a Company's Financial Performance in The SME Segment
Source
Forum Scientiae Oeconomia, 2023, vol. 11, no. 1, s. 133-147, tab., bibliogr. 41 poz.
Keyword
Zarządzanie zasobami środowiska, Małe i średnie przedsiębiorstwa, Rozwój zrównoważony
Environmental resources management, Small business, Sustainable development
Note
summ.
Abstract
The environmental dimension is a significant part of a firm's development, which is crucial to retaining and increasing competitiveness. The aim of the paper was to define and quantify the inf luence of selected environmental aspects on perceiving the financial performance of a company in the segment of small and medium-sized enterprises (SMEs) in V4 countries. The empirical research included 1,398 respondents who expressed their opinions on statements by means of which the inf luence of selected environmental aspects on the perception of a company's financial performance was examined. The formulated statistical hypotheses were verified using a linear regression model. The results of the research confirmed the statistically significant positive inf luence of all the researched environmental factors on the perception of financial perfomance of SMEs in V4 countries and the survival of SMEs in the markets in the upcoming five year period. SMEs in V4 countries positively perceive environmental responsibility as a significant part of company management, with in which this responsibility is also considered. SMEs in V4 countries also agreed with the fact that including environmental practices in company management is associated with higher costs. The relatively strongest dependency was determined between the factors of considering environmental responsibility and the statement that responsibility brings about higher costs. (original abstract)
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The Library of Warsaw School of Economics
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Bibliography
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ISSN
2300-5947
Language
eng
URI / DOI
http://dx.doi.org/10.23762/FSO_VOL11_NO1_7
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