Back to Search Start Over

Hard Cash in Hard Times—The Effect of Institutional Support for Businesses Shaken by COVID-19.

Authors :
Gródek-Szostak, Zofia
Adamczyk, Jadwiga
Luc, Małgorzata
Suder, Marcin
Tora, Justyna
Kotulewicz-Wisińska, Karolina
Zysk, Wojciech
Szeląg-Sikora, Anna
Source :
Sustainability (2071-1050); Apr2022, Vol. 14 Issue 8, pN.PAG-N.PAG, 18p
Publication Year :
2022

Abstract

This study analyzed 350 companies based in the Śląskie Province that received financial aid to avoid the negative impacts of COVID-19. This study focused on the structure of companies receiving public support due to their business being at risk of negative impacts from the COVID-19 pandemic in terms of the amount and type of support. It also classified industries by the amount of subsidy. When analyzing the available data, the Kruskal–Wallis test was applied, which is a nonparametric equivalent of the one-way analysis of variance. It was used to test whether the selected factors significantly affect the values of individual measures. Although the amounts of subsidies received vary, they have contributed to preserving at-risk jobs due to the public health crisis and maintaining the competitiveness of affected micro-, small and medium-sized enterprises (SMEs). [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20711050
Volume :
14
Issue :
8
Database :
Complementary Index
Journal :
Sustainability (2071-1050)
Publication Type :
Academic Journal
Accession number :
156596419
Full Text :
https://doi.org/10.3390/su14084399