Uncertainty in SMEs' assessment of Coronavirus pandemic risk impact on agri-food sector in Western Balkans

Abstract

The subject of the research is to explore the operational risks - the risk of emergencies and specific Coronavirus pandemic risk that are SMEs from agribusiness sector, from Western Balkan countries exposed to, and the significances of their effect as independent variables to the sustainability of revenues in 2020. For that purpose, a survey of 102 SMEs from Agri-food and farms from the agribusiness sector from Serbia, Montenegro, Bosnia and Herzegovina, Albania and Montenegro were provided at the end of March 2020. Methods used are: descriptive statistical analysis, correlation and regression analysis, ANOVA test, Person's correlation and multiple linear correlations. The results confirmed the hypothesis of the research - which the Sustainability risk of SMEs and farms in Western Balkan countries is significantly influenced by operational risk of emergencies and, ongoing Coronavirus pandemic) risk level in 2020. The contribution could to the sector actors' exposure to these risks for efficient managing future uncertainties. [ABSTRACT FROM AUTHOR] Copyright of Economics of Agriculture / Ekonomika Poljoprivrede is the property of Institute of Agricultural Economics (IAE) / Belgrade and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)