Dominant factors of SMEs failure - multigroup confirmatory factor analysis
The paper aims to provide empirical clarification over some key failure factors of Small and Medium-sized Enterprises (SMEs), and also analysis of the similarities and differences in factors' relations in the Republic of Serbia and Visegrad countries. The SMEs' failures factors have been a...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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University in Belgrade
2019-11-01
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Series: | Serbian Journal of Management |
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Online Access: | http://aseestant.ceon.rs/index.php/sjm/article/view/23536/pdf |
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author | Isidora Milošević Ivan Mihajlović Anđelka Stojanović |
author_facet | Isidora Milošević Ivan Mihajlović Anđelka Stojanović |
author_sort | Isidora Milošević |
collection | DOAJ |
description | The paper aims to provide empirical clarification over some key failure factors of Small and Medium-sized Enterprises (SMEs), and also analysis of the similarities and differences in factors' relations in the Republic of Serbia and Visegrad countries. The SMEs' failures factors have been accessed from the point of view of SMEs owners and managers whose opinions were collected through a questionnaire disseminated in five countries (Hungary, Czech Republic, Slovak Republic, Poland and the Republic of Serbia). On the other hand, for the research presented in this paper, the data from Hungary, the Czech Republic and the Republic of Serbia were used. The structural equation model was developed and analyzed to confirm the reliability of the conceptual model, using multi-group confirmatory factor analysis (MGCFA) for comparative measurements on the observed data from different countries. The result showed the existence of differences in opinions of SMEs owners and managers concerning failure factors in examined countries. |
first_indexed | 2024-12-21T07:33:03Z |
format | Article |
id | doaj.art-db6d13adb8b0484a9f7c88fc274e6e3f |
institution | Directory Open Access Journal |
issn | 1452-4864 2217-7159 |
language | English |
last_indexed | 2024-12-21T07:33:03Z |
publishDate | 2019-11-01 |
publisher | University in Belgrade |
record_format | Article |
series | Serbian Journal of Management |
spelling | doaj.art-db6d13adb8b0484a9f7c88fc274e6e3f2022-12-21T19:11:31ZengUniversity in BelgradeSerbian Journal of Management1452-48642217-71592019-11-0114234536010.5937/sjm14-23536Dominant factors of SMEs failure - multigroup confirmatory factor analysisIsidora Milošević0Ivan Mihajlović1Anđelka Stojanović2University of Belgrade, Technical Faculty in Bor, Engineering Management DepartmentUniversity of Belgrade, Technical Faculty in Bor, Engineering Management DepartmentUniversity of Belgrade, Technical Faculty in Bor, Engineering Management DepartmentThe paper aims to provide empirical clarification over some key failure factors of Small and Medium-sized Enterprises (SMEs), and also analysis of the similarities and differences in factors' relations in the Republic of Serbia and Visegrad countries. The SMEs' failures factors have been accessed from the point of view of SMEs owners and managers whose opinions were collected through a questionnaire disseminated in five countries (Hungary, Czech Republic, Slovak Republic, Poland and the Republic of Serbia). On the other hand, for the research presented in this paper, the data from Hungary, the Czech Republic and the Republic of Serbia were used. The structural equation model was developed and analyzed to confirm the reliability of the conceptual model, using multi-group confirmatory factor analysis (MGCFA) for comparative measurements on the observed data from different countries. The result showed the existence of differences in opinions of SMEs owners and managers concerning failure factors in examined countries.http://aseestant.ceon.rs/index.php/sjm/article/view/23536/pdfsmall and medium sized enterprisesfailure factorsmulti-group analysis |
spellingShingle | Isidora Milošević Ivan Mihajlović Anđelka Stojanović Dominant factors of SMEs failure - multigroup confirmatory factor analysis Serbian Journal of Management small and medium sized enterprises failure factors multi-group analysis |
title | Dominant factors of SMEs failure - multigroup confirmatory factor analysis |
title_full | Dominant factors of SMEs failure - multigroup confirmatory factor analysis |
title_fullStr | Dominant factors of SMEs failure - multigroup confirmatory factor analysis |
title_full_unstemmed | Dominant factors of SMEs failure - multigroup confirmatory factor analysis |
title_short | Dominant factors of SMEs failure - multigroup confirmatory factor analysis |
title_sort | dominant factors of smes failure multigroup confirmatory factor analysis |
topic | small and medium sized enterprises failure factors multi-group analysis |
url | http://aseestant.ceon.rs/index.php/sjm/article/view/23536/pdf |
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