... and Whitcomb, 1978 ; Meltzer, 1960). © Emerald Group Publishing Limited 2011 Trade credit Late payment Small to medium‐sized enterprises Regulation Management United Kingdom Financial risk Working capital management is a crucial factor in individual firm performance...

... and contrasted with for‐profit entrepreneurship. These included: the entrepreneurial process, in particular, opportunity recognition; network embeddedness; the nature of financial risk and profit; the role of individual versus collective action in managing and structuring enterprises; and creativity...

... study using factorial and regression analysis to measure which components of the global risk of SMEs are linked to accounting beta. Findings The results show that accounting beta does not seem to constitute a global measure of SMEs' risk, being explained mostly by financial risk...