D 2022

Sectoral Profitability during COVID-19 Pandemic: Big Data Portrait of Czech Companies

ŠIŠKA, Ladislav

Basic information

Original name

Sectoral Profitability during COVID-19 Pandemic: Big Data Portrait of Czech Companies

Name in Czech

Ziskovost odvětví během pandemie COVID-19: Big data portrét českých společností

Name (in English)

Sectoral Profitability during COVID-19 Pandemic: Big Data Portrait of Czech Companies

Authors

ŠIŠKA, Ladislav

Edition

první. Praha, Nové Trendy 2022 - New Trends 2022 - Sborník příspěvků, p. 72-80, 8 pp. 2022

Publisher

United College Prague

Other information

Language

Czech

Type of outcome

Proceedings paper

Field of Study

50301 Education, general; including training, pedagogy, didactics [and education systems]

Country of publisher

Czech Republic

Confidentiality degree

is not subject to a state or trade secret

Publication form

electronic version available online

References:

Organization unit

University College Prague – University of International Relations and Institute of Hospitality Management and Economics, Ltd.

ISSN

Keywords (in Czech)

Ziskovost, pandemie, odvětvová hospodářská statistika, české národní hospodářství

Keywords in English

Profitability, Pandemic, Structural Business Statistics, Czech Economy

Tags

Reviewed
Changed: 24/1/2023 12:11, Ing. Ladislav Šiška, Ph.D.

Abstract

V originále

The article explores impacts of the COVID-19 pandemic on profit-seeking sectors of the Czech economy. The research question was how significantly the pandemic impacted the profitability of companies in different sectors and what was the distribution of these impacts. Complete ROA time series for 40,559 active entrepreneurial entities (approx. 12% of population) were collected for the years 2018 to 2021. For each entity, the differences between the profitability of the first and last two years were calculated. Boxplot visualisation reveals that most hard-hit sectors were ‘R-arts, entertainment and recreation’ and ‘I-accommodation and food service activities’, the latter named also showed the greatest variability in profitability as measured by the interquartile range.

In English

The article explores impacts of the COVID-19 pandemic on profit-seeking sectors of the Czech economy. The research question was how significantly the pandemic impacted the profitability of companies in different sectors and what was the distribution of these impacts. Complete ROA time series for 40,559 active entrepreneurial entities (approx. 12% of population) were collected for the years 2018 to 2021. For each entity, the differences between the profitability of the first and last two years were calculated. Boxplot visualisation reveals that most hard-hit sectors were ‘R-arts, entertainment and recreation’ and ‘I-accommodation and food service activities’, the latter named also showed the greatest variability in profitability as measured by the interquartile range.