Crisis Situation and Financial Planning for Sustainability: A Case of the Czech SMEs

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F21%3AA0000299" target="_blank" >RIV/47813059:19520/21:A0000299 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.igi-global.com/gateway/chapter/282908" target="_blank" >https://www.igi-global.com/gateway/chapter/282908</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.4018/978-1-7998-7951-0.ch003" target="_blank" >10.4018/978-1-7998-7951-0.ch003</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Crisis Situation and Financial Planning for Sustainability: A Case of the Czech SMEs

Popis výsledku v původním jazyce

In any crisis or uncertain situation, it is necessary to carefully decide about three main points: when, what to invest, and which financial sources will be used. A profit reinvestment would be an effective and safe way of circulating money flows in a company. The first wave of COVID-19 has changed business conditions not only in the Czech Republic, but also it has an influence on financial decisions of entrepreneurs on how to use financial resources in individual segments of the company. The main goal of this chapter is to compare the reinvestment behavior in the company before the crisis based on primary research data (at least 425 respondents). The chapter includes results of different preferences influenced by COVID-19 uncertainty, and factor analysis has shown that availability of internal resources was important to survive restrictions and to be able to continue in financial planning to sustainably develop the business. Unfortunately, the relationship between business experience and main motives to invest wasn't confirmed.

Název v anglickém jazyce

Crisis Situation and Financial Planning for Sustainability: A Case of the Czech SMEs

Popis výsledku anglicky

In any crisis or uncertain situation, it is necessary to carefully decide about three main points: when, what to invest, and which financial sources will be used. A profit reinvestment would be an effective and safe way of circulating money flows in a company. The first wave of COVID-19 has changed business conditions not only in the Czech Republic, but also it has an influence on financial decisions of entrepreneurs on how to use financial resources in individual segments of the company. The main goal of this chapter is to compare the reinvestment behavior in the company before the crisis based on primary research data (at least 425 respondents). The chapter includes results of different preferences influenced by COVID-19 uncertainty, and factor analysis has shown that availability of internal resources was important to survive restrictions and to be able to continue in financial planning to sustainably develop the business. Unfortunately, the relationship between business experience and main motives to invest wasn't confirmed.

Druh

C - Kapitola v odborné knize

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název knihy nebo sborníku

Sustainable and Responsible Entrepreneurship and Key Drivers of Performance

ISBN

9781799879510

Počet stran výsledku

24

Strana od-do

59-82

Počet stran knihy

336

Název nakladatele

IGI Global

Místo vydání

Hershey

Kód UT WoS kapitoly

—