Nos derniers articles

The study examines behavioral and informational factors influencing German SMEs' cyber insurance decisions, based on a survey of 1,248 executives. Findings indicate that perceived financial impact and anxiety about cyberattacks significantly increase purchase likelihood, while perceived probability of attack and prior experience do not. External cybersecurity expertise positively affects demand, whereas reliance on independent Internet research reduces it, attributed to information overload. Internal risk assessments show no significant effect. Firm size is a strong determinant, with micro and small enterprises less likely to purchase than large firms. The research highlights emotional and informational influences over rational risk estimates.

The critical role of risk management in organizational success is highlighted, particularly for small and medium-sized enterprises (SMEs) facing unique challenges due to limited resources. "Risk Management by Design" advocates integrating risk management into all facets of SME operations, aiding early identification, cost efficiency, and a competitive edge. Despite benefits, SMEs must navigate resource constraints to effectively balance risk and innovation.

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 of risk management by providing empirical insights into SME owners' perceptions, sense-making, and risk management practices.