Observed Variables Relating to Firms’ Risk Perceptions

Components

1

2

3

4

5

6

7

PRP 1. Political instability at national level

0.324

0.661

0.144

−0.221

0.037

0.343

−0.008

PRP 2. Political instability in your trading partner country

0.128

0.809

0.144

−0.014

0.197

0.078

0.114

PRP 3. Political controversies with neighbor countries

0.075

0.725

−0.306

0.019

−0.073

0.138

0.097

PRP 4. Unreliable law system in your trading partner country

0.144

0.808

0.008

0.262

−0.036

−0.107

−0.047

TRP 1. Slowdown in market money flow

0.804

0.338

0.089

0.036

0.127

−0.117

0.093

TRP 2. Increase in dishonored cheques in the market

0.819

0.187

0.129

0.136

0.001

0.211

−0.094

TRP3. Dishonored cheques from your receivables’

0.809

−0.001

0.093

0.116

−0.017

0.290

0.018

TRP 4. Increase in interest rates

0.674

0.093

−0.117

−0.096

0.093

−0.056

0.473

ERP 1. Lower economic growth rates than expected

0.070

0.206

−0.096

0.051

0.772

−0.006

−0.154

ERP 2. Continuous decrease in exchange rates

−0.112

0.269

0.200

0.066

0.790

0.161

0.662

ERP 3. Continuous volatility in public investment instruments (e.g. gold)

0.014

−0.104

0.130

0.122

0.703

0.094

0.096

FRP 1. Speculation on future bearish market trends

0.178

0.149

0.116

0.087

0.014

0.764

0.318

FRP 2. Decrease in credit feasibility by banks

0.422

0.155

−0.179

0.192

0.362

0.639

0.091

FRP 3. Continuous volatility in international market price of the product you export

0.178

−0.069

−0.018

0.106

0.016

0.563

0.831

FSRP 1. Increase in food safety speculation

−0.005

−0.020

0.780

0.183

−0.147

0.177

0.033

FSRP 2. Increase in food safety requirements in the country you export to.

0.126

0.077

0.755

0.224

−0.065

0.113

0.086

FSRP 3. Global disease, like bird flu, in the food items you export

0.065

−0.104

0.743

0.084

0.336

−0.163

0.017

GDRP 1. Payment method

0.034

0.198

0.400

0.698

0.056

−0.101

0.089

GDRP 2. Poor transportation system

0.194

−0.192

0.078

0.792

−0.011

0.309

0.001

GDRP 3. Goods delivery methods

0.030

0.162

0.213

0.827

0.241

−0.026

0.118

MRP 1. Not being open to innovation

0.356

0.033

0.318

0.025

−0.172

0.311

0.827

MRP 2. Lack of professional employees

0.406

0.268

0.031

0.121

−0.075

0.053

0.718

MRP 3. Lack of harmony among employees

0.158

0.017

0.078

0.160

0.301

−0.053

0.512