143 KB40 KB200320242013Heymans, AndréMatthee, Marianneletnik:11številka:4str. 391-407, 422-423COBISSID:1536189636ISSN:1581-6311ISSN:1854-6935URN:URN:NBN:SI:doc-UQGHV3PPenFaculty of managementManaging global transitionsblažitev tveganjexport financefinanciranje izvozainternacionalizacijainternationalisationizvozmala podjetjarisk mitigationsmall and medium sized enterprisesSMEsrednja podjetjaHow South African SMES can become better candidates for export finance|SMES are considered to be important drivers of economic growth and development throughout the world but to deliver true economic benefits, they need to grow into sustainable, profitable businesses. Expanding into foreign markets provides an excellent vehicle for growth but many hurdles stand in the way of SMES making the transition from local to international. The difficulty associated with obtaining finance for export market development is a key stumbling block. Financial institutions regard SMES as high risk because they have limited resources and capacity, and are more likely to default than larger concerns. This paper examines the various risks that financial institutions in South Africa assess when they receive applications for export finance from SMES. What makes this study different is that it offers perspectives on export risks from the lenders point of view a hitherto neglected area of research. The findings are packaged as a set of guidelines on how SMES can mitigate these risks and improve their chances of securing the financial assistance that has often eluded them in the pastMala in srednje velika podjetja povsod po svetu veljajo za pomembne gonilnike gospodarske rasti in razvoja, vendar pa se morajo, da bi lahko prinesla prave gospodarske koristi, najprej razviti v trajnostna, donosna podjetja. Širitev na tuja tržišča je odličen način rasti, vendar je na poti, ki jo morajo mala in srednja podjetja prehoditi v razvoju od lokalnih do mednarodnih, mnogo ovir. Največkrat jim spodleti pri zagotavljanju financiranja širitve na tuje trge. Finančne inštitucije imajo mala in srednja podjetja za zelo tvegana, saj imajo omejene vire in zmožnosti, verjetnost stečaja pa je večja kot pri večjih podjetjih. Članek obravnava različna tveganja, ki jih južnoafriške finančne inštitucije ocenjujejo, ko jih mala in srednja podjetja prosijo za financiranje izvoza. Pričujoča študija se od ostalih razlikuje po tem, da ponuja pogled na izvozna tveganja z zornega kota posojilodajalca to področje raziskovanja je bilo doslej zapostavljeno. Izsledki so predstavljeni kot zbirka napotkov, kako naj mala in srednja podjetja ublažijo ta tveganja in izboljšajo svoje možnosti pri zagotavljanju finančne pomoči, ki se jim je v preteklosti pogosto izmikalaTEXTznanstveno časopisjejournalsSlovenian National E-content AggregatorNational and University Library of SloveniaUniverza na Primorskem, Fakulteta za management