The Impact of the COVID-19 Pandemic and Related Measures on the Sports Industry in Slovakia
Abstract
:1. Introduction
2. Theoretical Background and Hypotheses Development
2.1. The Slovak Government Measures against COVID-19 (from 2020 until 2022)
2.2. The Impact of COVID-19 and Its Measures on Sports Organizations
2.3. The Impact of COVID-19 and Its Measures on Sports Individuals
2.4. Crisis Management and Its Strategies Suitable for Sports Economics
2.5. Defining Research Hypotheses Following the Findings Resulting from the Literature Analyzed
- H1a: The effect of sports entities losing a specific type of income due to the COVID-19 pandemic depends on the sport the entity is engaged in;
- H1b: The effect of sports entities losing a specific type of income due to the COVID-19 pandemic depends on the type of the sports entity;
- H2: Entities losing a specific type of income due to the COVID-19 pandemic expect a higher total loss of income;
- H3a: The amount of expected loss of income due to the COVID-19 pandemic differs depending on the type of sport the entities are engaged in;
- H3b: The amount of expected loss of income due to the COVID-19 pandemic differs depending on the type of the sports entity;
- H4a: The application of a specific measure to minimize costs in connection with the impact of the COVID-19 pandemic by sports entities depends on the sport the entity is engaged in;
- H4b: The application of a specific measure to minimize costs in connection with the impact of the COVID-19 pandemic by the sports entities depends on the type of sports entity.
3. Methodology
3.1. Data and Methods
- Analysis of theoretical background;
- Content analysis (which was used, e.g., in the study by Manoli and Anagnostou 2023);
- Sociological inquiry in the form of questionnaire surveys;
- Analysis of the distribution of variables;
- Relevant statistical tests to verify the validity of hypotheses (chi-square test);
- Deduction, induction, synthesis.
3.2. Questionnaire Surveys
3.3. Description of the Variables Tested
3.4. Data Handling—Focusing on the Substantial Categories in the Surveys’ Responses and the Statistical Method for Hypotheses’ Verification
4. Results
4.1. Questionnaire for Individuals—Descriptive Statistics
4.2. Questionnaire for Sports Organizations—Descriptive Statistics
4.3. Hypotheses’ Evaluation
4.3.1. Summary Results of Hypotheses’ Verification
4.3.2. Details on the Results of Individual Hypotheses’ Verification
4.3.3. Summarizing the Main Findings from the Hypothesis Testing
5. Discussion
6. Conclusions
- create support for the long-term operation of individuals and entire organizations from the perspective of achieving economic sustainability—this can be done via diversification of income streams, closer focus on the sports products’ customers, and introduction of new services for them during the crisis that will secure income during the current loss of the regular main income source;
- secure such an amount of income that allows preparation for an unexpected loss of income;
- support education in the field of financial management of individual entities;
- develop sponsoring activities so that individual entities are not fully dependent only on funding from the state or municipalities;
- once a crisis emerges, the information directed towards sports entities needs to be clear and systematic so that it is possible for them to continuously adapt to current developments in the crisis situation.
- careful planning considering the possible crisis situations can be achieved via the generation of multiple scenarios based on different conditions;
- since management during crises is different from during regular operation, a crisis manager needs to be appointed prior to the crisis itself and he/she needs to be engaged in the preparation of the crisis response;
- the income of sports experts needs to be set in combination with the creation of long-term reserves,
- a sufficient amount of regular remuneration is a necessary precondition for proper preparation against crises;
- continuous state support is still needed during periods of serious unforeseen circumstances;
- stable financial management can only be based on sufficient education in this area;
- the crisis strategy needs to include specific crisis communication, and it also needs to lead to strengthening of the organization’s long-term resilience.
Author Contributions
Funding
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Label | Text of Selected Questions from the Questionnaire Survey (Focus on Natural Persons) |
---|---|
Q1 | Enter the name of the national sports association or the sports association to which you belong as a natural person (e.g., Slovak Handball Association, Slovak Athletic Association, Slovak Football Association, etc.). If you do not belong to any association, state “unorganized sport”. |
Q2 | In what position in sports do you work as a natural person? |
Q3 | What is your main type of income? |
Q4 | If you will not be able to carry out your activity in sports in the next three months (1 April–30 June 2020), what is the total financial loss you expect for these three months together (state the loss of your net income)? |
Q5 | What measures to minimize costs and to improve your (economic) situation have you taken so far, or are you planning to take? |
Hypotheses | Variables | Label |
---|---|---|
H1a | Type of income—category representing the primary source of income of a sports entity. | V1 |
Type of sport—a sport recognized by law, which the entity focuses on primarily. | V2 | |
H1b | Type of income—category representing the primary source of income of a sports entity. | V1 |
Type of sports entity—depends on the status of a natural person/legal entity; in the case of legal entities, these are sports clubs, civic associations, sports agencies, and others; in the case of natural persons, these are sports experts, coaches, instructors of children and youth. | V3 | |
H2 | Type of income—category representing the primary source of income of a sports entity. | V1 |
Expected loss of income—category representing the interval of the expected amount of loss of income. | V4 | |
H3a | Expected loss of income—category representing the interval of the expected amount of loss of income. | V4 |
Type of sport—a sport recognized by law, which the entity focuses on primarily. | V2 | |
H3b | Expected loss of income—category representing the interval of the expected amount of loss of income. | V4 |
Type of sports entity—depends on the status of a natural person/legal entity; in the case of legal entities, these are sports clubs, civic associations, sports agencies, and others; in the case of natural persons, these are sports experts, coaches, instructors of children and youth. | V3 | |
H4a | Type of sport—a sport recognized by law, which the entity focuses on primarily. | V2 |
Measure to minimize costs and improve the economic situation—the type of measure the entity has taken or plans to take at the time of the inquiry to increase financial sustainability during the crisis. | V5 | |
H4b | Type of sports entity—depends on the status of a natural person/legal entity; in the case of legal entities, these are sports clubs, civic associations, sports agencies, and others; in the case of natural persons, these are sports experts, coaches, instructors of children and youth. | V3 |
Measure to minimize costs and improve the economic situation—the type of measure the entity has taken or plans to take at the time of the inquiry to increase financial sustainability during the crisis. | V5 |
Narrowing Area | Natural Persons | Legal Entities |
---|---|---|
Type of income | compensation for loss of time and other volunteer services | income from organizing sports events (e.g., starting/entrance fees to competitions) |
Measure to minimize the costs | securing other sources of income outside sports | reduction in personnel costs for sports professionals |
Type of sports entity | sports expert, trainer, instructor of children, and youth | no narrowing was performed within the given variable |
Reduction in Salary | Compensation from the State | Leaving Sports | Finding Other Resources | Doing Nothing | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Freq. | % | Freq. | % | Freq. | % | Freq. | % | Freq. | % | |
Referees | 47 | 19.18 | 54 | 22.04 | 9 | 3.67 | 117 | 47.76 | 18 | 7.35 |
Coaches (children and youth) | 146 | 26.74 | 170 | 31.14 | 21 | 3.85 | 181 | 33.15 | 28 | 5.13 |
Coaches (adult) | 98 | 28.41 | 107 | 31.01 | 17 | 4.93 | 104 | 30.14 | 19 | 5.51 |
Sport Managers | 93 | 31.10 | 70 | 23.41 | 14 | 4.68 | 93 | 31.10 | 29 | 9.70 |
Professional athletes | 35 | 24.48 | 58 | 40.56 | 9 | 6.29 | 37 | 25.87 | 4 | 2.80 |
Recreational athletes | 7 | 25.00 | 2 | 7.14 | 2 | 7.14 | 12 | 42.86 | 5 | 17.86 |
Talented athletes | 12 | 26.67 | 8 | 17.78 | 5 | 11.11 | 16 | 35.56 | 4 | 8.89 |
Sport experts | 12 | 31.58 | 6 | 15.79 | 1 | 2.63 | 15 | 39.47 | 4 | 10.53 |
Others | 4 | 21.05 | 2 | 10.53 | 1 | 5.26 | 9 | 47.37 | 3 | 15.79 |
Hypotheses | Legal Entities p-Value | Natural Persons p-Value |
---|---|---|
H1a | 0.0000047 | 0.0000000 |
H1b | 0.2498070 | 0.0203226 |
H2 | 0.0012765 | 0.0000000 |
H3a | 0.5900776 | 0.0000011 |
H3b | 0.0071857 | 0.0000029 |
H4a | 0.0564524 | 0.0128230 |
H4b | 0.4022717 | 0.0266559 |
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Varmus, M.; Mičiak, M.; Toman, D.; Boško, P.; Greguška, I.; Elkhwesky, Z. The Impact of the COVID-19 Pandemic and Related Measures on the Sports Industry in Slovakia. Economies 2024, 12, 204. https://doi.org/10.3390/economies12080204
Varmus M, Mičiak M, Toman D, Boško P, Greguška I, Elkhwesky Z. The Impact of the COVID-19 Pandemic and Related Measures on the Sports Industry in Slovakia. Economies. 2024; 12(8):204. https://doi.org/10.3390/economies12080204
Chicago/Turabian StyleVarmus, Michal, Martin Mičiak, Dominika Toman, Pavol Boško, Ivan Greguška, and Zakaria Elkhwesky. 2024. "The Impact of the COVID-19 Pandemic and Related Measures on the Sports Industry in Slovakia" Economies 12, no. 8: 204. https://doi.org/10.3390/economies12080204
APA StyleVarmus, M., Mičiak, M., Toman, D., Boško, P., Greguška, I., & Elkhwesky, Z. (2024). The Impact of the COVID-19 Pandemic and Related Measures on the Sports Industry in Slovakia. Economies, 12(8), 204. https://doi.org/10.3390/economies12080204