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@inbook{51501, author = {Duháček Šebestová, Jarmila}, address = {Hershey}, booktitle = {Sustainable and Responsible Entrepreneurship and Key Drivers of Performance}, doi = {http://dx.doi.org/10.4018/978-1-7998-7951-0.ch003}, editor = {C. Popescu and R. Verma (Eds.)}, keywords = {performance;financial planning; SMEs;investments}, howpublished = {tištěná verze "print"}, language = {eng}, location = {Hershey}, isbn = {978-1-7998-7951-0}, pages = {59-82}, publisher = {IGI Global}, title = {Crisis Situation and Financial Planning for Sustainability: A Case of the Czech SMEs}, url = {https://www.igi-global.com/gateway/chapter/282908}, year = {2021} }
TY - CHAP ID - 51501 AU - Duháček Šebestová, Jarmila PY - 2021 TI - Crisis Situation and Financial Planning for Sustainability: A Case of the Czech SMEs VL - n/a PB - IGI Global CY - Hershey SN - 9781799879510 KW - performance;financial planning KW - SMEs;investments UR - https://www.igi-global.com/gateway/chapter/282908 N2 - 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. ER -
DUHÁČEK ŠEBESTOVÁ, Jarmila. Crisis Situation and Financial Planning for Sustainability: A Case of the Czech SMEs. In C. Popescu and R. Verma (Eds.). \textit{Sustainable and Responsible Entrepreneurship and Key Drivers of Performance}. Hershey: IGI Global, 2021, p.~59-82. n/a. ISBN~978-1-7998-7951-0. Available from: https://dx.doi.org/10.4018/978-1-7998-7951-0.ch003.
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