SITUATION OF THE BUILDING INDUSTRY SMBS SINCE THE CRISIS Cover Image

SITUATION OF THE BUILDING INDUSTRY SMBS SINCE THE CRISIS
SITUATION OF THE BUILDING INDUSTRY SMBS SINCE THE CRISIS

Author(s): Péter Földi, Judit Tóth, Emese Melinda Bogáth
Subject(s): Business Economy / Management
Published by: Lietuvos verslo kolegija
Keywords: economic incentives; small and medium-sized enterprises; subsidies;

Summary/Abstract: In the ever-changing economic environment, micro, small and medium enterprises had to and continue to have to find the possibilities to survive and develop. In the meantime small and medium-sized enterprises have brought about hundreds of thousands of jobs to replace and instead of the old ones; therefore they have become a determining factor of the economy. Nowadays, it is an important question in what ways and using what kind of means their development can be promoted. In developed countries, there are no definitive answers either and the answers are not known to all the problems. One of the most important areas in the Hungarian economy on its way to turning into an advanced market economy is the development and strengthening of SMBs. In spite of their outstanding role, these enterprises suffer significant disadvantages as compared to their corporate counterparts, due to their size and their operational risks, in obtaining the financial resources they would need for enterprise development and maintenance. For this reason, more and more attention is being paid to the access of SMBs to funding sources and the removal of their obstacles in this regard. In exploring the financing possibilities of SMBs, internal and external financing tools are exposed as available for enterprise operation and development. We are going to take stock of the impact of CSOK on the building industry. In addition, we are looking at the impact of each factor and the extent of their contribution to the performance of SMBs. How does the insufficient labour force affect the capacity utilization of enterprises?

  • Issue Year: 31/2017
  • Issue No: 2
  • Page Range: 133-141
  • Page Count: 9
  • Language: English
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