Risk Management in Small- and Medium-Sized Businesses and How Accountants Contribute

The study finds that entrepreneurs view #riskmanagement as a mindset focused on asset preservation, competitive advantages, and local talent development. Risk management practices in #smes are mainly informal yet deliberate and fully integrated into the organization’s fabric. In-house #accountants help entrepreneurs with #erm, while external accountants do not systematically contribute to risk management. The study contributes to both the theory and practice […]