The COVID-19 pandemic and financial situation of companies in the construction industry in Poland
Fragment książki (Rozdział w monografii)
MNiSW
5
spoza wykazu
Status: | |
Autorzy: | Zalewska Aleksandra |
Dyscypliny: | |
Aby zobaczyć szczegóły należy się zalogować. | |
Wersja dokumentu: | Drukowana | Elektroniczna |
Język: | angielski |
Strony: | 141 - 149 |
Scopus® Cytowania: | 0 |
Bazy: | Scopus |
Efekt badań statutowych | NIE |
Materiał konferencyjny: | NIE |
Publikacja OA: | NIE |
Abstrakty: | angielski |
Companies operating within the market remain highly reliant on a dynamically changing environment. This is observable across entities of various sizes, ownership structures, or business profiles. The construction industry is also not exempt from the current macro and micro environment climate. It can both be a positive and a negative stimulus that affects the operation of the company and can therefore be a source of opportunities and threats to its current and future operations. Therefore, it seems reasonable to analyze the impact of global economic fluctuations on the activities of companies in the construction sector which is considered to be crucial for the economy. The aim of this chapter was to assess changes in the financial condition of companies in the construction sector between 2019 and 2021, i.e. before and during the COVID-19 pandemic. The research was conducted among Warsaw Stock Exchange companies in the construction industry based on quarterly financial statements and indicators assessing financial risks and capital return. Additionally, descriptive statistics were used in the analysis, whereas the empirical research was complemented by a review of the literature pertaining to economics and finance, and publications related to the industry. On the basis of the findings, recommendations were developed for decision-makers and recipients of financial statements from the industry under consideration regarding the broadly understood financial position of an enterprise and the effectiveness of its operations. |