Adekwatność wsparcia finansowego dla przedsiębiorstw w Polsce w okresie COVID-19

• Authors: Adam Adamczyk , Tomasz Wiśniewski , Sławomir Franek

Title variants

EN

Adequacy of financial support for enterprises in Poland during COVID-19

Abstracts

EN

The article aims to assess the adequacy of state aid provided to Polish enterprises during the COVID-19 pandemic. The research sample encompasses 21,687 non-financial enterprises classified as large, medium, and small, accounting for 32.7% of all non-financial enterprises in Poland falling into these groups. The article develops an original method for measuring the justification and accuracy of state aid directed to enterprises in response to the COVID-19 pandemic, utilising changes in firms’ sales revenues. The conducted analyses confirmed that the level of effectiveness of support policies varied significantly across economic sectors. In the first year of the pandemic, support policies were most effective in sectors P (education), Q (healthcare and social assistance), and I (accommodation and food service activities). In the second and third years of the pandemic, sectors Q and E (water supply; sewerage, waste management, and remediation activities) exhibited the highest effectiveness. The analyses also led to the conclusion that sectors with lower average firm size measured by sales revenues demonstrated higher effectiveness of support policies.

Keywords

EN

COVID-19 pandemic; state aid adequacy; corporate finance; sales revenues; economic sectors

• Publisher: Kancelaria Sejmu / Chancellery of the Sejm
• Journal: Studia BAS
• Year: 2024
• Issue: 2(78)
• Pages: 51-70

Dates

published

2024

Contributors

author

Adam Adamczyk

• Uniwersytet Szczeciński

• https://orcid.org/0000000204915502

author

Tomasz Wiśniewski

• Uniwersytet Szczeciński

• https://orcid.org/0000000334235572

author

Sławomir Franek

• Uniwersytet Szczeciński

• https://orcid.org/0000000296984918

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Identifiers

DOI

10.31268/StudiaBAS.2024.10

Biblioteka Nauki

42821612