Managing Risks in SMEs: A Literature Review and Research Agenda
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| Format: | Artículo científico |
| Language: | en |
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Universidad Alberto Hurtado
2013
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| _version_ | 1876441451269718016 |
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| author | Chiara Verbano |
| author_facet | Chiara Verbano |
| contents | Managing Risks in SMEs: A Literature Review and Research Agenda Chiara Verbano Karen Venturin Ingeniería smes Risk management literature review enterprise risk management In times of crisis, companies need to carefully monitor current expenses and forecast potential costs, which could be caused by risky actions. Risk is inherent in all business functions and in every kind of activity. Knowing how to identify risks, attribute a value and a priority scale, design actions and mechanisms to minimize risks, and continuously monitor them, are essential to guarantee companies’ survival and create sustainable value. This is especially true for small- and medium-sized businesses that are most exposed to the harmful effects of the risks, due to limited resources and structural features. The objective of this study is to analyze available literature on the subject of risk management for small- and medium-sized enterprises from 1999 to 2009. The analysis derives interesting characteristics from the scientific studies, highlighting gaps and guidelines for future research. 2013 artículo científico 0718-2724 https://www.redalyc.org/articulo.oa?id=84728717015 en http://www.redalyc.org/revista.oa?id=847 Journal of Technology Management & Innovation application/pdf Universidad Alberto Hurtado Journal of Technology Management & Innovation (Chile) Num.3 Vol.8 |
| format | Artículo científico |
| id | redalyc_84728717015 |
| institution | Redalyc |
| language | en |
| publishDate | 2013 |
| publisher | Universidad Alberto Hurtado |
| spellingShingle | Managing Risks in SMEs: A Literature Review and Research Agenda Chiara Verbano Ingeniería smes Risk management literature review enterprise risk management Managing Risks in SMEs: A Literature Review and Research Agenda Chiara Verbano Karen Venturin Ingeniería smes Risk management literature review enterprise risk management In times of crisis, companies need to carefully monitor current expenses and forecast potential costs, which could be caused by risky actions. Risk is inherent in all business functions and in every kind of activity. Knowing how to identify risks, attribute a value and a priority scale, design actions and mechanisms to minimize risks, and continuously monitor them, are essential to guarantee companies’ survival and create sustainable value. This is especially true for small- and medium-sized businesses that are most exposed to the harmful effects of the risks, due to limited resources and structural features. The objective of this study is to analyze available literature on the subject of risk management for small- and medium-sized enterprises from 1999 to 2009. The analysis derives interesting characteristics from the scientific studies, highlighting gaps and guidelines for future research. 2013 artículo científico 0718-2724 https://www.redalyc.org/articulo.oa?id=84728717015 en http://www.redalyc.org/revista.oa?id=847 Journal of Technology Management & Innovation application/pdf Universidad Alberto Hurtado Journal of Technology Management & Innovation (Chile) Num.3 Vol.8 |
| title | Managing Risks in SMEs: A Literature Review and Research Agenda |
| topic | Ingeniería smes Risk management literature review enterprise risk management |
| url | https://www.redalyc.org/articulo.oa?id=84728717015 |