Kis- és középvállalkozások pénzügyi sérülékenysége

The study centres on empirical examination of the factors behind financial vulnerability among Hungarian small and medium-sized enterprises (SMEs). The research identifies in the management of these behavioural and demographic features predicting risks of vulnerability and examines how the economic/legislative environment can affect them. The analysis rests on a representative national survey (N = 1000) of Hungarian SMEs conducted by the Institute of Sociology and Social Policy at Budapest's Corvinus University in 2017, entitled "Financial Culture in Hungary". Closer examination of socio-economic explanatory factors and cognition of financial risks are essential to preparing economic and political decision-making, designing commercial-bank lending and other funding support strategies, and ensuring entrepreneurs recognize risks. Research hitherto has dwelt on the demographic features of enterprises' financial troubles and remit disciplines. The new aspect here is the emphasis on under-researched indicators in SME financial culture.