This book examines businesses under crisis conditions through a composition of contextual accounts. The Editors argue that crises are transformative, evolutionary and even revolutionary in the development of organizations, industries and markets. Moreover, crises reform the context in which organizations operate, including customers and their behaviour. As such, they need to be viewed as conduits to change, accelerators of evolution and catalysts of innovation in organizations. Emphasising the importance of ‘context’ and its complexities, the book argues that for crisis, as a concept and notion, context is crucial to any understanding of the meaning that should or could be attached to it.
Drawing on different types of changes and crises that substantially affect business, including economic, technological, political, and environmental, chapters Bringing together scientific research and case studies on contextual transformations, the book provides a balanced selection of works across business disciplines, including management, strategy, marketing and finance as well as geographic regions, market types and industries. The book examines the context of crises, its indicators and triggers, and encompasses topics such as Artificial Intelligence, e-mobility, changes in consumption patterns, militancy and the impact of pandemics.
Author(s): Demetris Vrontis, Alkis Thrassou, Yaakov Weber, S. M. Riad Shams, Evangelos Tsoukatos, Leonidas Efthymiou
Series: Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business
Publisher: Palgrave Macmillan
Year: 2022
Language: English
Pages: 296
City: Cham
Contents
Notes on Contributors
List of Figures
List of Tables
1: Editorial Introduction: Crisis in Context
1.1 Book Context and Theoretical Foundations
1.2 Business Crisis at the Intersection of Technology and Human Behaviour
1.3 Environmental Crisis
1.4 Business Under Crisis: Motion and Reprise
1.5 Conceptual Dualisms
1.6 Book Content and Structure
References
2: US Foreign Direct Investments in the Eurozone: A Distance Analysis in View of Global Crisis. Evidence from the Manufacturing Sector
2.1 Introduction
2.2 Literature Review
The US-EU FDI Flows
Conceptual Framework and Development of Hypotheses
2.3 Methodology
Data Collection and Sample
Dependent Variable
Independent Variables
Economic Crisis
Institutional Distance
Economic Distance
The Model
2.4 Results and Testing of Hypotheses
Testing the Hypotheses
2.5 Discussion, Managerial Implications and Avenues for Future Research
Discussion
Managerial Implications
Future Research
References
3: Litigation Risk, Audit Fees and the Financial Crisis Impact: Empirical Evidence from the UK
3.1 Introduction
3.2 Literature Review and Hypothesis Development
3.3 Data Selection and Research Design
3.4 Empirical Results
3.5 Conclusion
References
4: SMEs Facing Crisis: Ideal Response or Equifinal Reactions?
4.1 Introduction
4.2 Environmental Factors Impacting on Firms’ Vulnerability
4.3 How Firms Respond to a Crisis: Proactive and Concurrent Actions
4.4 Method
Sample and Procedure
4.5 Results
4.6 Discussion and Managerial Implications
4.7 Conclusion
References
5: Changes in Consumption Patterns of Tourists After the COVID-19 Pandemic
5.1 Introduction
5.2 Impacts of Outbreaks on Tourist Behaviour
5.3 COVID-19 Changes in Individuals’ Behaviour and Impacts on the Tourism Industry
5.4 Changes in Consumption Patterns of Tourists After the COVID-19 Pandemic
5.5 Conclusion
References
6: e-mobility in the Age of COVID-19
6.1 Introduction
6.2 e-mobility: A New Pattern for Transportation
6.3 Mobility Change on Demand Side Post-COVID-19
6.4 The Consequences of the Pandemic on the Automotive Industry: e-mobility Outlook
6.5 European Public Policy to Sustain e-mobility Pre- and Post-COVID-19
6.6 Conclusion
References
7: Managing Climate Crisis in the Sport Sector: New Challenges and Opportunities for Sports Organisations
7.1 Introduction
7.2 Literature Review
7.3 Research Methods
Data Collection
Data Analysis
7.4 Results and Discussion
The Sustainability Approach
The Organisational Climate Capacity
Infrastructure
Human Resources
Financial Resources (Financial Stability)
Networks and External Relationship
7.5 Conclusion
References
8: The Impact of COVID-19 on the Mega Sport Events: The Case of the Postponement of Olympic Games “Tokyo 2020”
8.1 Introduction
8.2 Methodology
8.3 Conceptual Framework
8.4 Analysis
The Stakeholders of the Olympic Games
The Postponement of Tokyo 2020
The New Idea of Games
Athletes
The International Olympic Committee and Organising Committee
International Sport Federations and National Olympic Committees
Sponsors and Suppliers
Broadcast and Media
Workforce and Volunteers
Spectators
The Organising Committee of Next Olympic Games
8.5 The Stakeholders Analysis and the Savings in Costs
8.6 Conclusion
References
9: Business Under Crisis: Digital Transformation of Learning and Development
9.1 Introduction
9.2 Background
9.3 Research Gap
9.4 Research Objective
9.5 Literature Review
International Organisations
Digital Transformation
Significance of Human Resources in Digital Transformation
Computer-Supported Co-operative Work (CSCW)
Relevance of CSCW in International Organisations and L&D
Importance of Digital Transformation in an International Organisation
Significance of Digital Transformation in L&D
Potential Challenges in Digital Transformation
Dealing with Digital Transformation Challenges
9.6 Research Methodology
Research Design
Data Collection
Sampling
Testing of Research Questions
9.7 Presentation of Findings
Digital Transformation
L&D
Digital Synchronisation of L&D
Prerequisites of Digital Transformation
Ownership
Challenges of Digital Transformation and Solutions
Challenges
Solutions
Summary of Presentation of Findings
9.8 Discussion of Findings and Literature Review
9.9 Conclusion
9.10 Research Limitations and Recommendations
References
10: Business Under Crisis: Talent Management and Responsible Leadership in Luxembourg in Pandemic Times
10.1 Introduction
10.2 Luxembourg and Its Particularities
10.3 Literature Review
Responsible Leadership
Talent Management
Talent Management During the Coronavirus Crisis: Literature and Press Review
10.4 Methodology
10.5 Results from the Interviews
10.6 Lessons Learned from Luxembourg During Times of Crisis
10.7 Conclusions, Limitations, and Further Research
References
11: The Revealing Shades of the Pandemic Crisis in Romania
11.1 Introduction
11.2 The Methodological Background and Its Approach
11.3 The State of Crisis in Romania and Its Misty Facets
11.4 About the Romanian Health System Under the Pandemic Crisis
11.5 Conclusion
References
Web References
12: Transforming India’s Logistic Industry During COVID-19 Crisis
12.1 Introduction
12.2 Literature Review
12.3 Research Methodology
12.4 Background
Effect of the Pandemic on Indian Logistics
Road Transport
Shipping Industry
Exports Recorded Negative Growth
Imports
Logistics Service Providers
12.5 On the Path of Transformation: Indian Logistics Industry
Government Initiatives
12.6 Invigorating Logistic Industry Post Pandemic
Future of India’s Trade, Challenges and Opportunities in the Post Pandemic World
Indian Logistics Industry Evolves over the Next Few Years with Multi-Dimensional Changes
12.7 Key Drivers for the Logistics Industry in India
12.8 Case Study
Challenges Faced During the Pandemic
Response to the Crisis
Communication Is the Key
Employee Safety and Work Continuation
Opportunities in the Crisis
Financial Planning
Changes in the Work Culture
12.9 Managerial Implications of the Research
12.10 Conclusion
References
Index
