Risk-taking in a transitional economy: the case of Bulgarian microentrepreneurs

The paper describes the results of an empirical study of some business environment factors impact on risk taking decision-making of entrepreneurs on the basis of individual entrepreneurial judgments. Multiple regression analysis is used to interpret data collected from 382 micro-entrepreneurs. It ai...

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Main Author: Matilda Alexandrova
Format: Article
Language:deu
Published: Faculty of Economics University of Rijeka 2005-12-01
Series:Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Subjects:
Online Access:https://www.efri.hr/sites/efri.hr/files/cr-collections/2/matilda_alexandrova.pdf
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author Matilda Alexandrova
author_facet Matilda Alexandrova
author_sort Matilda Alexandrova
collection DOAJ
description The paper describes the results of an empirical study of some business environment factors impact on risk taking decision-making of entrepreneurs on the basis of individual entrepreneurial judgments. Multiple regression analysis is used to interpret data collected from 382 micro-entrepreneurs. It aims to answer the question of whether differences across economic environments may be reflected in entrepreneurs’ risk perception. Results indicate that environmental dynamism and uncertainty appear to have significant influence on risk-taking behavior being natively related to it. Some policy implications of this research are discussed in the context of conducted market transition reforms.
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spelling doaj.art-e1c8998700384066a2c15d1aeb76a1172022-12-21T18:41:42ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80042005-12-01232237248Risk-taking in a transitional economy: the case of Bulgarian microentrepreneursMatilda AlexandrovaThe paper describes the results of an empirical study of some business environment factors impact on risk taking decision-making of entrepreneurs on the basis of individual entrepreneurial judgments. Multiple regression analysis is used to interpret data collected from 382 micro-entrepreneurs. It aims to answer the question of whether differences across economic environments may be reflected in entrepreneurs’ risk perception. Results indicate that environmental dynamism and uncertainty appear to have significant influence on risk-taking behavior being natively related to it. Some policy implications of this research are discussed in the context of conducted market transition reforms.https://www.efri.hr/sites/efri.hr/files/cr-collections/2/matilda_alexandrova.pdfRisk takingMicro-entrepreneursEnvironmental factorsDecision makingRisk perception
spellingShingle Matilda Alexandrova
Risk-taking in a transitional economy: the case of Bulgarian microentrepreneurs
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Risk taking
Micro-entrepreneurs
Environmental factors
Decision making
Risk perception
title Risk-taking in a transitional economy: the case of Bulgarian microentrepreneurs
title_full Risk-taking in a transitional economy: the case of Bulgarian microentrepreneurs
title_fullStr Risk-taking in a transitional economy: the case of Bulgarian microentrepreneurs
title_full_unstemmed Risk-taking in a transitional economy: the case of Bulgarian microentrepreneurs
title_short Risk-taking in a transitional economy: the case of Bulgarian microentrepreneurs
title_sort risk taking in a transitional economy the case of bulgarian microentrepreneurs
topic Risk taking
Micro-entrepreneurs
Environmental factors
Decision making
Risk perception
url https://www.efri.hr/sites/efri.hr/files/cr-collections/2/matilda_alexandrova.pdf
work_keys_str_mv AT matildaalexandrova risktakinginatransitionaleconomythecaseofbulgarianmicroentrepreneurs