Initial analysis of the available support programs for medium and large enterprises during the Covid-19 pandemic

Tomáš Meloun

Bachelor's thesis

Abstract:

The Covid-19 pandemic was an event on a global scale that had a negative impact on almost every society and economy of the world. The various governmental safety precautions and the economic crisis meant that many businesses had no way of generating income. Governments worldwide introduced financial support programs to help businesses survive. This paper aims to describe the programs that were available to Czech medium and large enterprises in the beginning months of the pandemic. The author also analyzes these programs by looking at available data and comparing them to similar programs in other countries. However, not all companies were eligible to receive financial aid. Correspondingly, the author also describes intercompany solutions to improve a company’s overall liquidity position. The author then presents case studies and summarizes the programs' efficiency on a macroeconomic scale. Finally, the author concludes the discussed topics and briefly presents his outlook on the future economic situation.

Abstract:

The Covid-19 pandemic was an event on a global scale that had a negative impact on almost every society and economy of the world. The various governmental safety precautions and the economic crisis meant that many businesses had no way of generating income. Governments worldwide introduced financial support programs to help businesses survive. This paper aims to describe the programs that were available to Czech medium and large enterprises in the beginning months of the pandemic. The author also analyzes these programs by looking at available data and comparing them to similar programs in other countries. However, not all companies were eligible to receive financial aid. Correspondingly, the author also describes intercompany solutions to improve a company’s overall liquidity position. Finally, the author summarizes the discussed topics and briefly presents his outlook of the future economic situation.

Keywords

Grants, Liquidity, Loans, Financial Support, Restructuring

Keywords

Financial Support, Liquidity, Grants, Loans

Language used: English

Date on which the thesis was submitted / produced: 24. 8. 2021

Thesis defence

• Date of defence: 24. 9. 2021
• Supervisor: Heřman Kopkáně
• Reader: Jakub Lodr

Vysoká škola ekonomická v Praze

Bachelor programme / field:
Ekonomika a management/Business Administration / Corporate Finance and Management