A koronavírus-válság strukturális és területi hatásai a magyarországi vállalati szektor sérülékenységére = The Structural and Territorial Impact of the Coronavirus Crisis on the Vulnerability of the Hungarian Corporate Sector

Abstract

Corporate resilience is a frequently explored topic in the social science discourse on space. This study investigates the repercussions of the economic crisis induced by the coronavirus epidemic on the Hungarian corporate sector. It assesses corporate vulnerability through profitability and indebtedness dimensions, utilizing financial statements and credit data from 2019 and 2020. Initial scrutiny by sector and size reveals vulnerable company segments, followed by a territorial analysis to identify crisis-affected actors. Findings indicate that accommodation and food service, construction, administrative and support service activities, education, art, entertainment, and recreation economic branches, as well as smaller enterprises, were most impacted. Moreover, no distinct spatial pattern emerges; distribution is more influenced by sectoral and sizebased factors.

Keywords

• coronavirus
• financial vulnerability
• resilience
• corporate sector
• spatial analysis