The Degree of Risk Management Implementation in Enterprises in the Slovak Republic

Categorization of enterprises by size provides a fundamental understanding of the composition of the business environment. Small, medium-sized, and large enterprises play a significant role in the national economy through the execution of specific business activities. In their pursuit of enhancing t...

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Main Authors: Alexander Kelíšek, Jana Studená, Katarína Buganová, Mária Hudáková
Format: Article
Language:English
Published: MDPI AG 2025-06-01
Series:Systems
Subjects:
Online Access:https://www.mdpi.com/2079-8954/13/6/427
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author Alexander Kelíšek
Jana Studená
Katarína Buganová
Mária Hudáková
author_facet Alexander Kelíšek
Jana Studená
Katarína Buganová
Mária Hudáková
author_sort Alexander Kelíšek
collection DOAJ
description Categorization of enterprises by size provides a fundamental understanding of the composition of the business environment. Small, medium-sized, and large enterprises play a significant role in the national economy through the execution of specific business activities. In their pursuit of enhancing the efficiency of individual business processes and mitigating the risks associated with these activities, enterprises may implement various ISO standards, including quality management, environmental management, occupational health and safety (OSH), or corporate social responsibility (CSR) systems. The sources published to date do not clearly explain the mutual relationship that arises when implementing multiple ISO standards that prioritize different activities within a single enterprise. This gap is particularly evident in the context of small enterprises, which often do not have the obligation or capacity to implement ISO standards. This study addresses this research gap by identifying the relationship between implemented ISO standards, priority activities in the risk management process, and the person responsible for these activities. The objective of this article is to examine the relationship of dependency between specific ISO standards and the priority activity in risk management. Furthermore, the study seeks to determine whether the degree of implementation of ISO standards influences the selection of the person responsible for risk management. Additionally, it examines whether dependence exists between the priority activity in risk management and the specific person responsible for risk management. The authors provide statistical hypothesis testing based on data from a nationwide survey conducted across all enterprise size categories. The results obtained from this study confirm the presence of a dependency between the degree of ISO standards implementation and the priority activity in risk management across all enterprise size categories. However, a statistically significant dependency between the degree of implementation of ISO standards and the person responsible for risk management was not confirmed in large companies. The dependency between the selection of the person responsible for risk management and the priority activity in risk management was confirmed only in small enterprises.
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spelling doaj-art-a77e9019ed5e4eafbdaf8734bdafb3d92025-08-20T03:27:43ZengMDPI AGSystems2079-89542025-06-0113642710.3390/systems13060427The Degree of Risk Management Implementation in Enterprises in the Slovak RepublicAlexander Kelíšek0Jana Studená1Katarína Buganová2Mária Hudáková3Faculty of Security Engineering, University of Žilina, Univerzitná 8215/1, 010 26 Žilina, SlovakiaFaculty of Security Engineering, University of Žilina, Univerzitná 8215/1, 010 26 Žilina, SlovakiaFaculty of Security Engineering, University of Žilina, Univerzitná 8215/1, 010 26 Žilina, SlovakiaFaculty of Security Engineering, University of Žilina, Univerzitná 8215/1, 010 26 Žilina, SlovakiaCategorization of enterprises by size provides a fundamental understanding of the composition of the business environment. Small, medium-sized, and large enterprises play a significant role in the national economy through the execution of specific business activities. In their pursuit of enhancing the efficiency of individual business processes and mitigating the risks associated with these activities, enterprises may implement various ISO standards, including quality management, environmental management, occupational health and safety (OSH), or corporate social responsibility (CSR) systems. The sources published to date do not clearly explain the mutual relationship that arises when implementing multiple ISO standards that prioritize different activities within a single enterprise. This gap is particularly evident in the context of small enterprises, which often do not have the obligation or capacity to implement ISO standards. This study addresses this research gap by identifying the relationship between implemented ISO standards, priority activities in the risk management process, and the person responsible for these activities. The objective of this article is to examine the relationship of dependency between specific ISO standards and the priority activity in risk management. Furthermore, the study seeks to determine whether the degree of implementation of ISO standards influences the selection of the person responsible for risk management. Additionally, it examines whether dependence exists between the priority activity in risk management and the specific person responsible for risk management. The authors provide statistical hypothesis testing based on data from a nationwide survey conducted across all enterprise size categories. The results obtained from this study confirm the presence of a dependency between the degree of ISO standards implementation and the priority activity in risk management across all enterprise size categories. However, a statistically significant dependency between the degree of implementation of ISO standards and the person responsible for risk management was not confirmed in large companies. The dependency between the selection of the person responsible for risk management and the priority activity in risk management was confirmed only in small enterprises.https://www.mdpi.com/2079-8954/13/6/427integrated risk managementISO standardsquality managementenvironmental managementoccupational health and safetycorporate social responsibility
spellingShingle Alexander Kelíšek
Jana Studená
Katarína Buganová
Mária Hudáková
The Degree of Risk Management Implementation in Enterprises in the Slovak Republic
Systems
integrated risk management
ISO standards
quality management
environmental management
occupational health and safety
corporate social responsibility
title The Degree of Risk Management Implementation in Enterprises in the Slovak Republic
title_full The Degree of Risk Management Implementation in Enterprises in the Slovak Republic
title_fullStr The Degree of Risk Management Implementation in Enterprises in the Slovak Republic
title_full_unstemmed The Degree of Risk Management Implementation in Enterprises in the Slovak Republic
title_short The Degree of Risk Management Implementation in Enterprises in the Slovak Republic
title_sort degree of risk management implementation in enterprises in the slovak republic
topic integrated risk management
ISO standards
quality management
environmental management
occupational health and safety
corporate social responsibility
url https://www.mdpi.com/2079-8954/13/6/427
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