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The Negative Impact of Covid-19 on Firms: Insights from Serbia

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  • Slobodan Adžić
  • Jarrah Al-Mansour

Abstract

The aim of this paper is to analyze the negative impact of the Covid-19 pandemic on Serbian enterprises. In this exploratory study, we conducted 40 online surveys that consisted of twenty Likert-scale questions with top and middle managers working in public and private Serbian enterprises. The output of various statistical tests ended in the development of the negative Impact of Covid-19 on a Firm scale. The study determined which internal strengths and weaknesses, as well as external opportunities and threats, have had the strongest negative impacts on the competitiveness of Serbian companies during the pandemic.

Suggested Citation

  • Slobodan Adžić & Jarrah Al-Mansour, 2021. "The Negative Impact of Covid-19 on Firms: Insights from Serbia," Eastern European Economics, Taylor & Francis Journals, vol. 59(5), pages 472-486, September.
    • Handle: RePEc:mes:eaeuec:v:59:y:2021:i:5:p:472-486
    DOI: 10.1080/00128775.2021.1953387
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    Cited by:

    1. Marko Slavković & Stefan Sretenović & Marijana Bugarčić, 2021. "Remote Working for Sustainability of Organization during the COVID-19 Pandemic: The Mediator-Moderator Role of Social Support," Sustainability, MDPI, vol. 14(1), pages 1-26, December.
    2. Ivana MARINOVIC MATOVIC & Andjela LAZAREVIC, 2021. "Business Revenue And Job Retention During Covid-19 Crisis In Manufacturing Sector In Serbia," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(5), pages 113-128, October.

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