Financial performance of businesses in the COVID-19 pandemic conditions - comparative study

• Autorzy: Kubiczek Jakub , Derej Wojciech

Identyfikatory

DOI

10.17512/pjms.2021.24.1.11

Warianty tytułu

PL

Wyniki finansowe przedsiębiorstw w warunkach pandemii COVID-19 - badanie porównawcze

• Języki publikacji: EN

Abstrakty

EN

The outbreak of the coronavirus pandemic introduced exceptional uncertainty in running a business, which has not been closed in the first quarter of its duration. Industries that focused on digitalizing business naturally benefited because the restrictions that were introduced to limit the spread of the pandemic implied demand for the purchase of products and services using the Internet. The aim of the study was to present the influence of the pandemic on business in Poland. The focus was not only on the economy as a whole but especially on its particular segments. The subject of the study were companies listed on the Warsaw Stock Exchange, and the subject of them was the impact of the pandemic on their financial results. The source of data for analyzes was the database of the Notoria Serwis S.A. The period of the study covered the years 2017-2021, divided into quarters. The results of the study showed that there is significant variation in the sensitivity of particular industries to the crisis caused by the COVID-19 pandemic. Most industries recorded a decline in revenues, but some branches did not show negative changes in this respect and those whose revenues increased. The study’s practical implications include the prospect of applying the findings of the analyses to future state protective measures in respect to industries that are most vulnerable to the crisis’ negative effects.

PL

Wybuch pandemii koronawirusa wprowadził wyjątkową niepewność w prowadzeniu biznesu, który nie został zamknięty w pierwszych kwartałach jej trwania. Branże, które skoncentrowały się na cyfryzacji biznesu, w naturalny sposób odniosły korzyści, ponieważ ograniczenia, które zostały wprowadzone w celu ograniczenia rozprzestrzeniania się pandemii, pociągały za sobą popyt na zakup produktów i usług za pośrednictwem Internetu. Celem badania było przedstawienie wpływu pandemii na biznes w Polsce. Skupiono się nie tylko na gospodarce jako całości, ale przede wszystkim na jej poszczególnych segmentach. Przedmiotem badania były spółki notowane na Giełdzie Papierów Wartościowych w Warszawie, a przedmiotem ich był wpływ pandemii na ich wyniki finansowe. Źródłem danych do analiz była baza danych Notoria Serwis S.A. Okres badania obejmował lata 2017-2021 z podziałem na kwartały. Wyniki badania wykazały, że istnieje znaczne zróżnicowanie wrażliwości poszczególnych branż na kryzys wywołany pandemią COVID-19. Większość branż odnotowała spadek przychodów, ale były też branże, które nie wykazały negatywnych zmian w tym zakresie oraz takie, których przychody wzrosły. Praktyczne implikacje opracowania obejmują perspektywę zastosowania wyników analiz do przyszłych działań ochronnych państwa w branżach najbardziej narażonych na negatywne skutki kryzysu.

Słowa kluczowe

EN

business; entrepreneurship; COVID-19; crisis management; pandemic crisis

PL

biznes; przedsiębiorczość; COVID-19; zarządzanie kryzysowe; kryzys pandemiczny

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2021
• Tom: Vol. 24, No. 1
• Strony: 183--201
• Opis fizyczny: Bibliogr. 52 poz., rys., tab.

Twórcy

autor

Kubiczek Jakub

• Department of Economic and Financial Analysis, University of Economics in Katowice, Katowice, Poland

autor

Derej Wojciech

• Department of Labour Market Forecasting and Analysis, University of Economics in Katowice, Katowice, Poland

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