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Risk management in German small and medium-sized enterprises

Author

Listed:
  • Bernd Britzelmaier
  • Michael Häberle
  • Melanie Landwehr

Abstract

The present paper illustrates the specific features of risk management in German small and medium-sized enterprises (SMEs). Thereby, the aim is two-parted within the literature review and the quantitative as well as qualitative research. The former focuses on the reasons for German SMEs to apply risk management in the organisation, the latter refers to the actual level of implementation as well as the structure of risk management in German SMEs. Within the empirical analysis, a wide range of reasons for the application of risk management is revealed. However, risk management is mainly applied by large companies and still plays a minor role in German SMEs. Therefore, the present paper addresses a field with a considerable lack of previous research and provides a different in-depth view compared to the findings of predominantly undertaken studies in Germany.

Suggested Citation

  • Bernd Britzelmaier & Michael Häberle & Melanie Landwehr, 2015. "Risk management in German small and medium-sized enterprises," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 24(4), pages 548-571.
    • Handle: RePEc:ids:ijesbu:v:24:y:2015:i:4:p:548-571
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    Cited by:

    1. Crovini, Chiara & Ossola, Giovanni & Britzelmaier, Bernd, 2021. "How to reconsider risk management in SMEs? An Advanced, Reasoned and Organised Literature Review," European Management Journal, Elsevier, vol. 39(1), pages 118-134.
    2. Jan Dvorsky & Ludmila Kozubikova & Aleksandr Kljucnikov & Eva Ivanova, 2022. "Owners vs. Managers. Disparities of Attitudes on the Business Risk in SME Segment," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(59), pages 174-174.

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