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  • 1.
    Durst, Susanne
    et al.
    Institute for Entrepreneurship, University of Liechtenstein, Vaduz, Liechtenstein .
    Henschel, Thomas
    HTW-Berlin, Wirtschaftswissenschaften I, Berlin, Germany.
    Governance in small firms - A country comparison of current practices2014Inngår i: International Journal of Entrepreneurship and Small Business, ISSN 1476-1297, E-ISSN 1741-8054, Vol. 21, nr 1, s. 16-32Artikkel i tidsskrift (Fagfellevurdert)
    Abstract [en]

    This study investigates the practice of governance in small firms and shows differences between these firms in the principality of Liechtenstein and Scotland. Thereby, the study's intention is to draw particular attention to the influence of corporate governance on the firm's ability to change. Thus a broader scope of corporate governance, which is normally discussed from a control perspective, is taken. Using data from semi-structured interviews with 20 managing directors of small firms, the findings showed that they see corporate governance more as a concept for managing the internal and external relationships with the various stakeholders than as a control concept. The study provides fresh insights into the practice of governance in small firms and offers the opportunity to expand our understanding of the topic in different parts of the world. Moreover, by taking a qualitative research approach, the study addresses recent calls concerning more methodological diversity. Copyright © 2014 Inderscience Enterprises Ltd.

  • 2.
    Henschel, Thomas
    et al.
    Hochschule für Technik und Wirtschaft Berlin, Business School, Fakultät Wirtschafts- und Rechtswissenschaften, Berlin, Germany.
    Durst, Susanne
    Högskolan i Skövde, Institutionen för handel och företagande. Högskolan i Skövde, Forskningsspecialiseringen Framtidens Företagande.
    Risk management in Scottish, Chinese and German small and medium-sized enterprises: a country comparison2016Inngår i: International Journal of Entrepreneurship and Small Business, ISSN 1476-1297, E-ISSN 1741-8054, Vol. 29, nr 1, s. 112-132Artikkel i tidsskrift (Fagfellevurdert)
    Abstract [en]

    Even though the study of risk management (RM) in small and medium-sized enterprises (SMEs) has increased recently, there have been few cross-country studies. Therefore, the present research project can be considered as one of the first of its kind drawing upon an extensive empirical study into the status of RM in SMEs. More precisely, the cross-country study, involving SMEs from China, Germany and Scotland, investigates differences in their RM practices. The findings, which were based on a web-based survey, provide a clearer understanding of the personal and organisational factors that have influenced the RM practices of SMEs in these countries. This study also sheds light on the influence that the perception of environmental uncertainty has on the RM efforts in SMEs.

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