The Impact of the COVID-19 Crisis on the Perception of Business Risk in the SME Segment

• Autorzy: Martin Cepel , Beata Gavurova , Jan Dvorsky , Jaroslav Belas
• Języki publikacji: EN

Abstrakty

EN

The aim of the study is to evaluate the impact of the COVID-19 crisis on entrepreneurs' attitudes towards the selected business risks in the SME segment. 1502 SMEs took part in the research, while 822 of them provided their responses regarding business risks before the COVID-19 crisis and 680 during the COVID-19 crisis in Czech and Slovak business environment. Market, financial, and personnel risks were considered by Czech SMEs as the three most significant business risks, both before and after the COVID-19 crisis. The statistically confirmed differences in SMEs' attitudes based on the time of providing responses are most apparent in the perception of financial and personnel risks. 35.7% SMEs in Czech Republic and 35.3% in Slovakia considered financial risk as one of the three most significant business risks before the COVID-19 crisis. During the crisis, it changed to 53.6% SMEs in Czech Republic and 59.7% in Slovakia. Before the crisis, up to 67.8% SMEs in Czech Republic and 62.8% in Slovakia considered personnel risk as one of the three most significant business risks. During the crisis, it was only 27.2% in Czech Republic and 29.4% in Slovakia. (original abstract)

Słowa kluczowe

EN

Business environment; Small business; COVID-19; Economic crisis; Economic exposure

PL

Otoczenie biznesu; Małe i średnie przedsiębiorstwa; COVID-19; Kryzys gospodarczy; Ryzyko gospodarcze

• Czasopismo: Journal of International Studies
• Rocznik: 2020
• Tom: 13
• Numer: nr 3
• Strony: 248--263

Twórcy

autor

Martin Cepel

• Pan-European University Bratislava, Slovakia

autor

Beata Gavurova

• Tomas Bata University in Zlin, Czech Republic

autor

Jan Dvorsky

• Tomas Bata University in Zlín, Czech Republic

autor

Jaroslav Belas

• Tomas Bata University in Zlin, Czech Republic

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Identyfikatory

DOI

10.14254/2071-8330.2020/13-3/16