The impact of the COVID-19 pandemic on selected areas of a management system in SMEs

The current pandemic, that has wider economic and social impacts, will put to the test all enterprises, which will be forced to search for new survival strategies and to create existential prognoses of business operations during great economic and social uncertainty and new crises whose impacts are...

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Autores principales: Jaroslav Belas, Beata Gavurova, Jan Dvorsky, Martin Cepel, Pavol Durana
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Lenguaje:EN
Publicado: Taylor & Francis Group 2021
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Acceso en línea:https://doaj.org/article/a14cc262fa994817962586b3d4aa2faf
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spelling oai:doaj.org-article:a14cc262fa994817962586b3d4aa2faf2021-11-26T11:19:47ZThe impact of the COVID-19 pandemic on selected areas of a management system in SMEs1331-677X1848-966410.1080/1331677X.2021.2004187https://doaj.org/article/a14cc262fa994817962586b3d4aa2faf2021-11-01T00:00:00Zhttp://dx.doi.org/10.1080/1331677X.2021.2004187https://doaj.org/toc/1331-677Xhttps://doaj.org/toc/1848-9664The current pandemic, that has wider economic and social impacts, will put to the test all enterprises, which will be forced to search for new survival strategies and to create existential prognoses of business operations during great economic and social uncertainty and new crises whose impacts are hard to predict. This fact motivated the team of authors to realise the study that aims at researching and quantifying the impacts of the pandemic COVID-19 on selected areas of management in SMEs in the Czech Republic (CR) and the Slovak Republic (SR). The research sample consisted of 1502 SMEs, 822 SMEs before the pandemic, 680 SMEs during the pandemic, 814 from CR, and 688 from SR. Attitudes between SMEs according to nationality and period of research were verified with a chi-squared test and Kruskal-Wallis tests. The results of both countries confirmed that the pandemic has a negative impact on the financial performance of SMEs. The government economic measures may help the enterprises to recover, said 40.0% of Czech entrepreneurs, but only 30% of Slovak entrepreneurs. However, the entrepreneurs in SMEs equally perceive other aspects of corporate governance and business risk management during the pandemic.Jaroslav BelasBeata GavurovaJan DvorskyMartin CepelPavol DuranaTaylor & Francis Grouparticlesmall and medium-sized enterprisesbusiness environmentbusiness riskpandemic crisiscrisis scenariosgovernment supportEconomic growth, development, planningHD72-88Regional economics. Space in economicsHT388ENEkonomska Istraživanja, Vol 0, Iss 0, Pp 1-24 (2021)
institution DOAJ
collection DOAJ
language EN
topic small and medium-sized enterprises
business environment
business risk
pandemic crisis
crisis scenarios
government support
Economic growth, development, planning
HD72-88
Regional economics. Space in economics
HT388
spellingShingle small and medium-sized enterprises
business environment
business risk
pandemic crisis
crisis scenarios
government support
Economic growth, development, planning
HD72-88
Regional economics. Space in economics
HT388
Jaroslav Belas
Beata Gavurova
Jan Dvorsky
Martin Cepel
Pavol Durana
The impact of the COVID-19 pandemic on selected areas of a management system in SMEs
description The current pandemic, that has wider economic and social impacts, will put to the test all enterprises, which will be forced to search for new survival strategies and to create existential prognoses of business operations during great economic and social uncertainty and new crises whose impacts are hard to predict. This fact motivated the team of authors to realise the study that aims at researching and quantifying the impacts of the pandemic COVID-19 on selected areas of management in SMEs in the Czech Republic (CR) and the Slovak Republic (SR). The research sample consisted of 1502 SMEs, 822 SMEs before the pandemic, 680 SMEs during the pandemic, 814 from CR, and 688 from SR. Attitudes between SMEs according to nationality and period of research were verified with a chi-squared test and Kruskal-Wallis tests. The results of both countries confirmed that the pandemic has a negative impact on the financial performance of SMEs. The government economic measures may help the enterprises to recover, said 40.0% of Czech entrepreneurs, but only 30% of Slovak entrepreneurs. However, the entrepreneurs in SMEs equally perceive other aspects of corporate governance and business risk management during the pandemic.
format article
author Jaroslav Belas
Beata Gavurova
Jan Dvorsky
Martin Cepel
Pavol Durana
author_facet Jaroslav Belas
Beata Gavurova
Jan Dvorsky
Martin Cepel
Pavol Durana
author_sort Jaroslav Belas
title The impact of the COVID-19 pandemic on selected areas of a management system in SMEs
title_short The impact of the COVID-19 pandemic on selected areas of a management system in SMEs
title_full The impact of the COVID-19 pandemic on selected areas of a management system in SMEs
title_fullStr The impact of the COVID-19 pandemic on selected areas of a management system in SMEs
title_full_unstemmed The impact of the COVID-19 pandemic on selected areas of a management system in SMEs
title_sort impact of the covid-19 pandemic on selected areas of a management system in smes
publisher Taylor & Francis Group
publishDate 2021
url https://doaj.org/article/a14cc262fa994817962586b3d4aa2faf
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