Jaroslav Belás|Luboš Smr?ka|Beáta Gavurová|Ján Dvorský
THE IMPACT OF SOCIAL AND ECONOMIC FACTORS IN THE CREDIT RISK MANAGEMENT OF SME
Tomas Bata University in Zlín|Prague University of Economics and Business|Technical University of Košice|Tomas Bata University in Zlín
numerous research studies deal issue researching impacts credit risk determinants sme segment study economic factors easier quantify methodological point view prevent complex evaluation causality interest rate risk discovery various social barriers dominate consistent fact forms platform designing research introduce model dependency effective credit risk management sme segment significant social economic factors empirical research carried czech business environment 2017 sample 352 enterprises structural analysis modeling sem main analytical method research results confirmed fact effective approach managing smes credit risk determined number factors noneconomic nature important education family environment followed economic factors relationship banks financial knowledge area capital payment discipline multispectral dimension findings causality also opened wide discussion prepared highquality data research base deeper exploration issue