The impact of Covid-19 on economic aspects of business enterprises: The case of Kosovo
Apart from causing a global pandemic, COVID-19 has also affected many industries worldwide, causing the economic position of businesses to weaken. This study provides an empirical assessment of the impact of COVID-19 on the economic position of micro, small, medium, and large business enterprises in...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Split, Faculty of Economics
2021-01-01
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| Series: | Management : Journal of Contemporary Management Issues |
| Subjects: | |
| Online Access: | https://hrcak.srce.hr/file/379253 |
| _version_ | 1797206939477737472 |
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| author | Albanë Gashi Iliriana Sopa Ymer Havolli |
| author_facet | Albanë Gashi Iliriana Sopa Ymer Havolli |
| author_sort | Albanë Gashi |
| collection | DOAJ |
| description | Apart from causing a global pandemic, COVID-19 has also affected many industries worldwide, causing the economic position of businesses to weaken. This study provides an empirical assessment of the impact of COVID-19 on the economic position of micro, small, medium, and large business enterprises in Kosovo. While COVID-19 has been detrimental to many businesses, many of them have adapted to the possibilities, created by the new situation. Our findings indicate that almost all enterprises have reported a financial loss, and more than one-third have laid off employees. More than one-half of the enterprises have changed product delivery methods, and more than one-third have reorganized and changed their organizational structure. Meanwhile, around one-sixth of enterprises have changed their primary activity and have declared the need for new employees. Furthermore, surveyed enterprises have reported issues in retaining applicable contracts, supply of materials, trust in supply chain partners, and product placement, among others. |
| first_indexed | 2024-04-24T09:14:59Z |
| format | Article |
| id | doaj.art-8d2c6300cd2a444d9558bfebe495a767 |
| institution | Directory Open Access Journal |
| issn | 1331-0194 1846-3363 |
| language | English |
| last_indexed | 2024-04-24T09:14:59Z |
| publishDate | 2021-01-01 |
| publisher | University of Split, Faculty of Economics |
| record_format | Article |
| series | Management : Journal of Contemporary Management Issues |
| spelling | doaj.art-8d2c6300cd2a444d9558bfebe495a7672024-04-15T17:04:41ZengUniversity of Split, Faculty of EconomicsManagement : Journal of Contemporary Management Issues1331-01941846-33632021-01-0126Special Issue638010.30924/mjcmi.26.si.4The impact of Covid-19 on economic aspects of business enterprises: The case of KosovoAlbanë Gashi0Iliriana Sopa1Ymer Havolli2University of Pristina, Faculty of Economics, Pristina, KosovoUniversity of Pristina, Faculty of Economics, Pristina, KosovoUniversity of Pristina, Faculty of Economics, Pristina, KosovoApart from causing a global pandemic, COVID-19 has also affected many industries worldwide, causing the economic position of businesses to weaken. This study provides an empirical assessment of the impact of COVID-19 on the economic position of micro, small, medium, and large business enterprises in Kosovo. While COVID-19 has been detrimental to many businesses, many of them have adapted to the possibilities, created by the new situation. Our findings indicate that almost all enterprises have reported a financial loss, and more than one-third have laid off employees. More than one-half of the enterprises have changed product delivery methods, and more than one-third have reorganized and changed their organizational structure. Meanwhile, around one-sixth of enterprises have changed their primary activity and have declared the need for new employees. Furthermore, surveyed enterprises have reported issues in retaining applicable contracts, supply of materials, trust in supply chain partners, and product placement, among others.https://hrcak.srce.hr/file/379253COVID-19 pandemiceconomic impactbusiness enterprisesKosovo |
| spellingShingle | Albanë Gashi Iliriana Sopa Ymer Havolli The impact of Covid-19 on economic aspects of business enterprises: The case of Kosovo Management : Journal of Contemporary Management Issues COVID-19 pandemic economic impact business enterprises Kosovo |
| title | The impact of Covid-19 on economic aspects of business enterprises: The case of Kosovo |
| title_full | The impact of Covid-19 on economic aspects of business enterprises: The case of Kosovo |
| title_fullStr | The impact of Covid-19 on economic aspects of business enterprises: The case of Kosovo |
| title_full_unstemmed | The impact of Covid-19 on economic aspects of business enterprises: The case of Kosovo |
| title_short | The impact of Covid-19 on economic aspects of business enterprises: The case of Kosovo |
| title_sort | impact of covid 19 on economic aspects of business enterprises the case of kosovo |
| topic | COVID-19 pandemic economic impact business enterprises Kosovo |
| url | https://hrcak.srce.hr/file/379253 |
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