Open AccessThe impact of covid-19 and crisis shields on the financing of the catering business
Author(s) -
Anna Dereń
Publication year - 2022
Publication title -
humanities and social sciences reviews
Language(s) - English
Resource type - Journals
ISSN - 2395-6518
DOI - 10.18510/hssr.2022.1024
Subject(s) - originality , covid-19 , government (linguistics) , financial crisis , business , finance , point (geometry) , marketing , shields , accounting , economics , engineering , qualitative research , sociology , medicine , electromagnetic shielding , social science , linguistics , philosophy , geometry , mathematics , disease , pathology , infectious disease (medical specialty) , electrical engineering , macroeconomics
Research objective: To point out the details of government aid directed, among others, to catering enterprises in the form of anti-crisis shields and financial shields and to try to assess their effectiveness by analysing the financial result for 2020 on the example of the selected enterprises.
Methodology: The study was conducted in the form of a literature review and a case study. The study was conducted in the two selected Polish restaurants, which differed in size, location and customer specification. The study included an analysis of financial documents.
Main Findings: The study results presented in this paper confirm that governmental aid was needed, although it was disproportionate. The question is whether it was always sufficient to stabilise the situation in a catering company, in an industry so badly affected by pandemic restrictions, during the COVID-19 crisis remains questionable.
Application of the study: The study finding is applicable in practical analysis and evaluation of the support provided by the government to catering entrepreneurs facing a pandemic in 2020.
Originality of the study: The paper combines theoretical and practical approaches to the subject of thesupport provided to entrepreneurs within the instruments of anti-crisis shields.