出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：This paper aims to establish whether effective risk management results in increasing the sustainability of SMEs in
Cameroon. Using the partial least square - structural equation modeling (PLS-SEM) approach based on a survey
from 73 small and medium enterprises (SMEs), we find that governance compliance, risk perception, and
leadership improve the firm's sustainability. While, innovation culture has no significant effect on a firm's
sustainability, caused by the lack of an innovative leader. The outcome of this study also highlights that risk culture
is a moderator of SMEs sustainability and companies that have a strong risk culture have better equipped to deal
with risk and to remain sustainable. Overall, the paper casts new light on the contribution of risk perception,
governance compliance, leadership engagement on a firm's sustainability, and the importance of creating within
the companies a solid risk culture.
