IDEAS home Printed from
   My bibliography  Save this article

Small and Medium-Sized Enterprizes – Opportunities and Challenges


  • David Mares
  • Gabriela Dlaskova


Small and medium-sized enterprises play a major role in national economy. However, their lifetime is limited by the micro-economic climate. This paper discusses whether credit exposure has a major impact on the rate of bankruptcy and this hypothesis is verified by means of statistical methods, based on official statistical data and selected published studies and researches. The hypothesis was not fully confirmed in our investigation. The output of the paper was an evaluation of the dependency of bankruptcy of SMEs on their credit exposure and the presentation of other factors that might have an impact of SMEs, making them either successful or going to bankruptcy.

Suggested Citation

  • David Mares & Gabriela Dlaskova, 2016. "Small and Medium-Sized Enterprizes – Opportunities and Challenges," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 78-87.
  • Handle: RePEc:ers:journl:v:xix:y:2016:i:4:p:78-87

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Karel HavlÃ­Ä ek & Eleftherios Thalassinos & Liliana Berezkinova, 2013. "Innovation Management and Controlling in SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 57-70.
    2. Fidrmuc, Jarko & Hainz, Christa, 2010. "Default rates in the loan market for SMEs: Evidence from Slovakia," Economic Systems, Elsevier, vol. 34(2), pages 133-147, June.
    3. repec:ers:journl:v:xvi:y:2013:i:sisme:p:57-70 is not listed on IDEAS
    4. Liviu Deceanu & Mirela Pintea & El Thalassinos & Vicky Zampeta, 2010. "New Dimensions of Country Risk in the Context of the Current Crisis: A Case Study for Romania and Greece," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 225-236.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:69-91 is not listed on IDEAS
    2. repec:ers:journl:v:xx:y:2017:i:3a:p:961-973 is not listed on IDEAS
    3. repec:ers:journl:v:xxi:y:2018:i:4:p:69-91 is not listed on IDEAS

    More about this item


    SME; credit; bankruptcy;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xix:y:2016:i:4:p:78-87. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marios Agiomavritis) The email address of this maintainer does not seem to be valid anymore. Please ask Marios Agiomavritis to update the entry or send us the correct email address. General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.