C 2021

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

DUHÁČEK ŠEBESTOVÁ, Jarmila

Základní údaje

Originální název

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

Autoři

DUHÁČEK ŠEBESTOVÁ, Jarmila (203 Česká republika, garant, domácí)

Vydání

Hershey, Sustainable and Responsible Entrepreneurship and Key Drivers of Performance, od s. 59-82, 24 s. n/a, 2021

Nakladatel

IGI Global

Další údaje

Jazyk

angličtina

Typ výsledku

Kapitola resp. kapitoly v odborné knize

Obor

50204 Business and management

Stát vydavatele

Spojené státy

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Odkazy

Kód RIV

RIV/47813059:19520/21:A0000299

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

ISBN

978-1-7998-7951-0

DOI

Klíčová slova anglicky

performance;financial planning; SMEs;investments

Příznaky

Mezinárodní význam, Recenzováno

Anotace

V originále

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.