The Empirical Analysis of the System of Risk Management on Small and Medium-Size Enterprises

  •  Raigul Doszhan    
  •  Akmaral Mustafina    
  •  Gulnazym Supugalieva    


Risk management is an important element among the activities of small and medium-sized enterprises. It is necessary for SMEs to be able to effectively manage risks to survive in highly competitive conditions. Although there are positive dynamics of growth in the number of SMEs in Kazakhstan, statistics show unprofitability in their activities. The article shows an empirical method of analysis where 82 representatives of small and medium-size enterprises where interviewed. This article addresses the problems of SMEs in the sphere of trade, manufacturing, construction and services, which have been studied by the author in recent years and considers the role of external consultants in the risk management activities of SMEs.

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