Does the Size of the Business Still Matter, or Is Profitability under New Management, by Order of the COVID-19?

Roman Blažek · Pavol Ďurana · Jakub Michulek · Kristina Blazekova

11 citations0/0 files storedJournal of risk and financial management

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Financial Analysis and Corporate Governance COVID-19 Pandemic Impacts Business, Education, Mathematics Research

Abstract

Businesses should come up with a strategy, plans, and goals so that their total assets can make a profit during the transformation process. Utilizing various features of a property can generate this income. This comparison provides evidence of profitability. During the global economic downturn, a number of businesses encountered issues that caused their payment situations and profitability to deteriorate. The goal of this article is to ascertain whether particular profitability indicators also revealed the pandemic-related global crisis, particularly in the Visegrad Group countries. This analysis was conducted based on categories of business size. Specifically, 8671 enterprises were analyzed. The evaluation of indicators revealed whether there was a significant change in a negative direction, a significant change in a positive direction, or no significant change. It was possible to make a clear diagram of the companies that took part in the study and to figure out the median values in order to compare the results of the chosen profitability indicators. Correspondence analysis was conducted so that conclusions could be more accurate. According to the findings of this study, indicators of ROA, ROE, and ROS did not change significantly across enterprise size categories in the years preceding, during, and after the pandemic. Since the government regulations of the V4 countries had a significant impact on these businesses, the change was most obvious in the case of small businesses within the ROS indicator. The added value of the article is derived from its analysis of selected profitability indicators in the largest group of Central European nations and its relevance.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 11 citations exist upstream.

References

2022Impact of ESG performance on firm value and profitability 2019Study on the Relationship between CSR and Financial Performance 2021The Effect of Liquidity, Leverage, and Profitability on Firm Value: Empirical Evidence from Indonesia 2019Systematic review of variables applied in bankruptcy prediction models of Visegrad group countries 2017The Influence of Industry Characteristics and Dynamic Capabilities on Firms’ Profitability 2022The impact of climate change management on banks profitability 2018Financial Risk Measurement and Prediction Modelling for Sustainable Development of Business Entities Using Regression Analysis 2022Investigating the Research Trends on Strategic Ambidexterity, Agility, and Open Innovation in SMEs: Perceptions from Bibliometric Analysis

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.