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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Format: | Article |
Language: | deu |
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Faculty of Economics University of Rijeka
2005-12-01
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Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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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. |
first_indexed | 2024-12-22T02:38:21Z |
format | Article |
id | doaj.art-e1c8998700384066a2c15d1aeb76a117 |
institution | Directory Open Access Journal |
issn | 1331-8004 |
language | deu |
last_indexed | 2024-12-22T02:38:21Z |
publishDate | 2005-12-01 |
publisher | Faculty of Economics University of Rijeka |
record_format | Article |
series | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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 |