SMEs’ resilience in the manufacturing sector: the role of formalized risk management and risk culture
Why this work is in the frame
A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.
Bibliographic record
Abstract
Based on an integration of the literatures in small business, risk management, organizational resilience, and management control, this article examines the impact of a risk-tolerant culture and formalized risk management on organizational resilience in small and medium enterprises (SMEs). Survey data were collected on 500 Canadian manufacturing SMEs and Partial least squares (PLS) analyses were used to test the hypothesized model. PLS results indicate that a risk-tolerant culture is positively associated with resilience, while formalized risk management is not. When focusing on the subset of firms that have formalized their risk management, both a risk-tolerant culture and formalized risk management are found to enhance resilience. However, these results hold only when environmental turbulence is low. Overall, our findings suggest that fostering a risk-tolerant culture is crucial for SMEs’ resilience, while the impact of formalized risk management on resilience depends on the firm context.
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Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.009 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.001 | 0.001 |
| Science and technology studies | 0.001 | 0.000 |
| Scholarly communication | 0.000 | 0.001 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.000 | 0.001 |
| Insufficient payload (model declined to judge) | 0.000 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it