Original title: Dopad koronavirové krize na zombie společnosti na Slovensku
Translated title: The impact of the coronavirus crisis on zombie companies in Slovakia
Authors: Bosáková, Diana ; Geršl, Adam (advisor) ; Teplý, Petr (referee)
Document type: Master’s theses
Year: 2023
Language: eng
Abstract: [eng] [cze]
The thesis examines the effect of Covid-19-related financial support on companies in Slovakia in 2020 with a special focus on zombie firms. We examine changes in the number of employees, the average wage and the total costs for companies after receiving financial support. The cross-sectional and fixed effects models are used to determine the effect of the subsidy. Our dataset covers 6,771 large firms from which 7.6% are zombies and 2,547 SMEs in the period 2019-2020. The analysis showed that around 56% of large firms in the sample, both zombie and non-zombie firms, received a subsidy. The results suggest that companies which received the financial support had on average poorer job retention, lower average wage and the effect of the total costs of the company was not statistically significant. Nevertheless, currently available data brings a limitation to the construction of the control group. The thesis contributes to a better understanding of how the pandemic affected zombie companies and the efficiency of Covid-19-related measures on them. Táto práca skúma vplyv finančnej podpory súvisiacej s Covid-19 na zombie a ostatné firmy na Slovensku v roku 2020. Zisťujeme ako sa menil počet zamestnancov, priemerná mzda a celkové náklady pre spoločnosti po získaní finančnej podpory. Modely prierezu a fixných efektov sa používajú na stanovenie účinku dotácie. Náš súbor údajov pokrýva 6 771 veľkých firiem, z ktorých 7,6% sú zombie a 2 547 MSP v období 2019-2020. Analýza ukázala, že približne 56% veľkých firiem vo vzorke, zombie aj firmy, ktoré nemajú, dostalo dotáciu. Výsledky naznačujú, že prijatie finančného opatrenia malo negatívny vplyv na udržanie pracovného miesta, priemernú mzdu a celkové náklady spoločnosti. V súčasnosti dostupné údaje však prinášajú obmedzenie konštrukcie kontrolnej skupiny. Práca prispieva k lepšiemu pochopeniu toho, ako pandémia ovplyvnila zombie spoločnosti a účinnosť opatrení súvisiacich s Covid-19 na nich.
Keywords: average wage; Covid-19; employment; financial measures; total costs; zombie firm; celkové náklady; Covid-19; finančné opatrenie; priemerná mzda; zamestnanosť; zombie firma

Institution: Charles University Faculties (theses) (web)
Document availability information: Available in the Charles University Digital Repository.
Original record: http://hdl.handle.net/20.500.11956/179506

Permalink: http://www.nusl.cz/ntk/nusl-521250


The record appears in these collections:
Universities and colleges > Public universities > Charles University > Charles University Faculties (theses)
Academic theses (ETDs) > Master’s theses