Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus Pandemic
Natural disasters and risks in the business environment create substantial uncertainties in companies, and resilience becomes a dynamic and adaptive capability that develops over time and is necessary for these companies to respond to difficult conditions and to achieve resilience and multiple resou...
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| Format: | Article |
| Language: | English |
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Sciendo
2025-04-01
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| Series: | Studies in Business and Economics |
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| Online Access: | https://doi.org/10.2478/sbe-2025-0008 |
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| _version_ | 1849729909145993216 |
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| author | Neacşu Mihaela David Diana-Elena Georgescu Iuliana Eugenia |
| author_facet | Neacşu Mihaela David Diana-Elena Georgescu Iuliana Eugenia |
| author_sort | Neacşu Mihaela |
| collection | DOAJ |
| description | Natural disasters and risks in the business environment create substantial uncertainties in companies, and resilience becomes a dynamic and adaptive capability that develops over time and is necessary for these companies to respond to difficult conditions and to achieve resilience and multiple resources. The aim of this study is to verify whether the management of financial resources obtained before the coronavirus pandemic crisis stimulates the increase in profitability of companies traded on the Bucharest Stock Exchange (BVB) both on the Regulated and AeRO markets, in the Premium and Standard sections, during and after the crisis. Using the regression analysis we demonstrate that robust growth during the coronavirus pandemic was only registered by companies that had high levels of profitability. It was also found that both leverage and research and development (R&D) investments made by companies before the coronavirus pandemic were important in boosting profitability during the crisis. |
| format | Article |
| id | doaj-art-2f162eaad69140d190e8db898390cacb |
| institution | DOAJ |
| issn | 2344-5416 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studies in Business and Economics |
| spelling | doaj-art-2f162eaad69140d190e8db898390cacb2025-08-20T03:09:02ZengSciendoStudies in Business and Economics2344-54162025-04-0120114216210.2478/sbe-2025-0008Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus PandemicNeacşu Mihaela0David Diana-Elena1Georgescu Iuliana Eugenia21Alexandru Ioan Cuza Univesity, Faculty of Economics and Business Administration, Iași, Romania2Alexandru Ioan Cuza Univesity, Faculty of Economics and Business Administration, Iași, Romania3Alexandru Ioan Cuza Univesity, Faculty of Economics and Business Administration, Iași, RomaniaNatural disasters and risks in the business environment create substantial uncertainties in companies, and resilience becomes a dynamic and adaptive capability that develops over time and is necessary for these companies to respond to difficult conditions and to achieve resilience and multiple resources. The aim of this study is to verify whether the management of financial resources obtained before the coronavirus pandemic crisis stimulates the increase in profitability of companies traded on the Bucharest Stock Exchange (BVB) both on the Regulated and AeRO markets, in the Premium and Standard sections, during and after the crisis. Using the regression analysis we demonstrate that robust growth during the coronavirus pandemic was only registered by companies that had high levels of profitability. It was also found that both leverage and research and development (R&D) investments made by companies before the coronavirus pandemic were important in boosting profitability during the crisis.https://doi.org/10.2478/sbe-2025-0008crisiscoronavirus pandemicprofitabilitybusiness environmentorganizational resilience |
| spellingShingle | Neacşu Mihaela David Diana-Elena Georgescu Iuliana Eugenia Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus Pandemic Studies in Business and Economics crisis coronavirus pandemic profitability business environment organizational resilience |
| title | Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus Pandemic |
| title_full | Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus Pandemic |
| title_fullStr | Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus Pandemic |
| title_full_unstemmed | Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus Pandemic |
| title_short | Management of Financial Resources and Profitability of Companies in the Context of the Coronavirus Pandemic |
| title_sort | management of financial resources and profitability of companies in the context of the coronavirus pandemic |
| topic | crisis coronavirus pandemic profitability business environment organizational resilience |
| url | https://doi.org/10.2478/sbe-2025-0008 |
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