D 2021

BEHAVIOUR CHANGE IN FINANCIAL DECISION MAKING UNDER UNCERTAINTY

POKORNÁ, Pavla and Jarmila DUHÁČEK ŠEBESTOVÁ

Basic information

Original name

BEHAVIOUR CHANGE IN FINANCIAL DECISION MAKING UNDER UNCERTAINTY

Authors

POKORNÁ, Pavla (203 Czech Republic, belonging to the institution) and Jarmila DUHÁČEK ŠEBESTOVÁ (203 Czech Republic, guarantor, belonging to the institution)

Edition

Karviná, 3rdInternational conference on Decision making for Small and Medium-SizedEnterprises. Conference Proceedings, p. 499-505, 7 pp. 2021

Publisher

Silesian University in Opava, School of Business Administration in Karviná

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50204 Business and management

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

RIV identification code

RIV/47813059:19520/21:A0000208

Organization unit

School of Business Administration in Karvina

ISBN

978-80-7510-456-4

Keywords in English

financial decisions; reinvestments; resource management

Tags

International impact, Reviewed
Změněno: 13/4/2022 08:35, Miroslava Snopková

Abstract

V originále

It is necessary to carefully decide about three main points when to invest and which financial sources will be used in any crisis or uncertain situation. 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 in the Czech Republic and influences the financial decisions of entrepreneurs on how to use financial resources in individual segments of the company. This paper's primary goal is to compare the company's reinvestment behaviour before the crisis and after this first wave, based on primary research data (at least 170 respondents in two rounds of surveys). The paper includes different preferences influenced by COVID-19 uncertainty in essential areas for investments, such as marketing, research and development, human resources and company equipment in the meaning of technological innovations.