Determinants of Changes in Revenues in Polish Companies during the Pandemic

• Autorzy: Adam Adamczyk , Sławomir Franek , Tomasz Wiśniewski
• Języki publikacji: EN

Abstrakty

EN

Purpose: The article aims to identify factors that influence changes in revenues in Polish companies during the COVID-19 pandemic and to improve the efficiency of the allocation of state aid. Design/methodology/approach: The paper uses a logit model to analyze data from a survey of 10950 medium-sized Polish non-financial enterprises, reviews the relevant literature, and focuses on the Polish market. For the purposes of the survey, in addition to the sector breakdown, we proposed measures based on financial data to qualify companies according to their business profile. Findings: The revenues of companies responding to the lockdown are driven by the sector and the company profile. Service companies were more vulnerable to the negative effects of the pandemic, while manufacturing companies and those selling to final retail customers were more resilient. Research limitations/implications: Future research could focus on developing more accurate models to predict the decline in revenues during a pandemic. The study focused on medium-sized enterprises in Poland. Practical implications: The paper suggests that state aid policies should consider not only the sector but also the company profile. It also implies that companies must adapt to market changes and consumer preferences due to the pandemic. Originality/value: This article provides new information on factors that affect changes in revenues in Polish companies during the pandemic. It is valuable for policy makers, researchers, and companies seeking to improve their pandemic response strategies. (original abstract)

Słowa kluczowe

EN

Pandemic; Corporate profits; Financial situation; State aid; State economic policy

PL

Pandemia; Dochody przedsiębiorstwa; Sytuacja finansowa; Pomoc państwowa; Polityka gospodarcza państwa

• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2023
• Numer: z. 187 Współczesne zarządzanie = Contemporary Management
• Strony: 9--24

Twórcy

autor

Adam Adamczyk

• University of Szczecin, Poland

autor

Sławomir Franek

• University of Szczecin, Poland

autor

Tomasz Wiśniewski

• University of Szczecin, Poland

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Identyfikatory

DOI

10.29119/1641-3466.2023.187.1