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Santos, M., Nunes, S., Dominguinhos, P., Mourato, J., Teixeira, N. & Mata, C. (2021). Financial capacity during a pandemic crisis: Insights from the non-profit sector. In Handbook of Research on Financial Management During Economic Downturn and Recovery.: IGI Global.
M. R. Santos et al., "Financial capacity during a pandemic crisis: Insights from the non-profit sector", in Handbook of Research on Financial Management During Economic Downturn and Recovery, IGI Global, 2021
@incollection{santos2021_1744666914393, author = "Santos, M. and Nunes, S. and Dominguinhos, P. and Mourato, J. and Teixeira, N. and Mata, C.", title = "Financial capacity during a pandemic crisis: Insights from the non-profit sector", chapter = "", booktitle = "Handbook of Research on Financial Management During Economic Downturn and Recovery", year = "2021", volume = "", series = "", edition = "", publisher = "IGI Global", address = "", url = "https://www.igi-global.com/gateway/book/256598" }
TY - CHAP TI - Financial capacity during a pandemic crisis: Insights from the non-profit sector T2 - Handbook of Research on Financial Management During Economic Downturn and Recovery AU - Santos, M. AU - Nunes, S. AU - Dominguinhos, P. AU - Mourato, J. AU - Teixeira, N. AU - Mata, C. PY - 2021 DO - 10.4018/978-1-7998-6643-5 UR - https://www.igi-global.com/gateway/book/256598 AB - This chapter seeks to provide empirical evidence of the financial shocks that non-profits experienced during the coronavirus disease-19 (COVID-19) pandemic lockdown period. The research included a literature review of the main up-to-date publications to understand non-profits’ financial vulnerabilities. The statistical analyses’ results facilitate a fuller understanding of the impacts that the abrupt loss of clients, volunteers, and employees due to the pandemic has had on non-profits’ finances. These results are discussed in light of the previous studies. Through computer-assisted text analysis, this study examined non-profit managers’ perceptions of the most significant challenges faced by these organisations in the pandemic’s initial phase. The findings reveal a dramatic situation characterised by a decrease in revenues and increase in expenses, in which non-profits regulated by Portugal’s social welfare private institutions statutes were the most strongly affected. The most salient challenges identified include technological preparedness, safety assurance, and physical distancing. ER -