Written Cause of Crises

Type of Cause

Study 2010 (N = 107)

Study 2015 (N = 164)

Percentage %

Number statements

Percentage %

global financial and economic crisis

external

42.3

92

28.4

macroeconomic measures

external

4.4

5

1.5

changes in the market

external

31.3

34

10.5

political changes

external

0.6

4

1.2

changes due to general progress

external

1.2

27

8.3

unresponsiveness in bank lending

external

n.d.a.

76

23.5

Total

79.8

238

73.5

uncompetitive market position

internal

6

14

4.3

cost ineffectiveness

internal

5.5

11

3.4

bad decisions or the inadequacy of management in the past

internal

2.7

6

1.9

bad decisions or inadequacy of management in the present

internal

0

0

0.0

problems in human resources― management of employees

internal

3.3

32

9.9

Total

17.5

63

19.4

other

2.7

23

7.1

Total

100

324

100.0