• Title/Summary/Keyword: Business Resilience

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Mobilizing Informal Economic Sector to Uphold Urban Institutional Resilience: A Case Study of Rawalpindi, Pakistan

  • RIAZ, Tayyaba;WAHEED, Abdul;ALVI, Shahzad
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.397-407
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    • 2022
  • The informal economy is a large part of the urban economy. The informal economy accounts for about half of Pakistan's GDP. This research examined nine different areas of Rawalpindi's Central Business District's business sector (CBD). A survey of 404 respondents from 16 CBD marketplaces enables a comprehensive examination of who works in the informal and formal economic sectors, how much they earn, their goals, perception of their job, and their degree of similarity to the rest of the working population. Furthermore, the statistics illustrate the pro-cyclical connections between the informal economic sector and the formal economy. The Multinomial Logistic Regression (MLR) technique is used for the analysis. The MLR results indicated the informal economic sector holds positive relation with earning members in a family, business expertise, average business sale, and negative relation with education level, satisfaction with government tax policies, household expense, and average investment in the business. From a resilience standpoint, governance is considered an intentional collective action to preserve a stable system condition. Hence, the current study recommends tax reforms and government institution reorganization to mobilize the informal sector and make effective institutional governance.

Distribution of Skill and Encouraging Motivation to Enhance Resilience: Evidence from Accounting Personnel During COVID-19 Crisis

  • Yamuna Rani PALANIMALLY;Mohd Danial Afiq Khamar TAZILAH;Zam Zuriyati MOHAMAD;Meenah RAMASAMY;Mohamad Rohieszan RAMDAN;Dayang Rafidah SYARIFF M. FUAD;Noral Hidayah ALWI
    • Journal of Distribution Science
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    • v.22 no.2
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    • pp.41-50
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    • 2024
  • Purpose: This study aims to identify the distribution of skill evolution for accounting personnel during the health crisis and investigate the impact of accounting skills in developing resilience among accounting personnel. Research design, data, and methodology: A total of 131 respondents of accounting personnel participated in a self-administered survey questionnaire. This data is analysed using the partial least square structural equation modeling. Results: The results show that accounting skills, digital skills, and writing skills have a significant impact on developing accounting personnel's motivation, subsequently leading to resilience. Conclusions: This study adds to the literature on the new requirements and future profiles of Malaysian organisation and the accounting profession. This will be a good reference for the practitioners to identify the relevant skills required for accountants after the pandemic. Furthermore, this study includes encouraging motivation and skills to improve resilience in the Malaysian context further to understand the push factors on skills evolution among the accountants. Higher education institutions with accounting courses would consider the potential future skills of accountants to meet market demands on time when updating the institutions' curricula program. Hence, the relevant skills required can be developed and practiced at the education level, especially secondary and tertiary levels.

Testing Resilience and Work Ethics as Mediators Between Charismatic Leadership and Affective Commitment to Change

  • Mangundjaya, Wustari L.;AMIR, Muhammad Taufiq
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.401-410
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    • 2021
  • The study tests resilience and work ethics as mediators between charismatic leadership and affective commitment to change. Many organizations, such as banking, insurance companies, and financial institutions, face strong competition and consequently need to effect considerable change within the organization. Many variables have a significant impact on the success of organizational change, and people (resilience and work ethics) as well as change leaders are primary variables in this research. This study, using structural equation modeling, was conducted on a sample of 355 employees from banking and insurance companies. In this study, the inventory of affective commitment to change, the Conger-Kanungo charismatic leadership scale, resilience, and work ethic inventory was used. The results showed that resilience is a partial mediator between charismatic leadership and affective commitment to change. Meanwhile, work ethic was not a mediator between the two variables. The results showed that charismatic leadership can have a direct, positive, and significant impact on affective commitment to change without mediators, and that resilience can act as partial mediator. Furthermore, work ethic had a significant and positive effect on affective commitment to change through resilience. In other words, resilience is a full mediator for the impact of work ethic on affective commitment to change.

A Study on the Level of BCMS(Business Continuity Management System) of Small and Medium Enterprises (중소기업의 재해경감활동관리체계 수준진단(Checklist)에 관한 연구)

  • Lee, Mi Sun;Kim, Min Ji;Kim, Do Yeon
    • Journal of the Korean Society of Safety
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    • v.32 no.4
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    • pp.122-128
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    • 2017
  • Recently, accidents such as human accidents are increasing rapidly due to natural disasters and changes in social conditions due to abnormal weather. As a result, damage has been causing massive damage unlike the past. In the case of small and medium enterprises excluding financial institutions and big company, there is no system for prevention and restoration for stable operation from various risks such as human and natural disasters. As the current disaster continues, public and private companies have raised the need for BCM, and with the introduction of the ISO22301 certification system, the company has been establishing and operating Enterprise Disaster Management Standards in the Ministry of Public Safety and Security since 2007. However, in most SMEs, it is hard to bear the input of internal labor and investment cost, and there is a lack of personnel with expertise to conduct BCM diagnosis. Therefore, in this paper, we will study the diagnosis level of enterprise continuity plan which is commonly used in Korea and abroad. Based on this, we will study the BCM system diagnosis method which can be applied to small and medium enterprises in Korea efficiently.

The Multi-path Mediated Effect of Resilience and Entrepreneurship on the Relationship between Learned Helplessness and Entrepreneurial Self-efficacy (예비창업가의 학습된 무력감과 창업효능감의 관계에서 회복탄력성과 기업가정신의 다중매개역할)

  • Park, Jae Chun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.14 no.6
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    • pp.77-90
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    • 2019
  • This study aims to analyze multi-path mediating effect of resilience and entrepreneurship on the relationship between learned helplessness ann entrepreneurial self-efficacy (ESE). Research sample consisted of 154 university students in Gyeonggi-Do. The results of this research is as follows: First, learned helplessness showed a negative effects on entrepreneurship and ESE. Second, resilience showed a positive effects on entrepreneurship and ESE. Third, the mediating effect of resilience was significant on the relationship between learned helplessness and ESE. Fourth, entrepreneurship turned out to mediate on the relationship between learned helplessness and ESE. Finally, resilience and entrepreneurship had shown multi-path mediating effects on the relationship between learned helplessness and ESE (learned helplessness→resilience→entrepreneurship→ESE). In particular, this study conclude with implications for future research, limitations of this research, and practical application.

The Impacts of ERG Factors on Organization-based Self-esteem: Focusing on the Mediating Effects Resilience (ERG요인이 조직기반자긍심에 미치는 영향: 회복탄력성의 매개효과를 중심으로)

  • Jang, Jun-ho;Nam, Sang-Mu
    • Journal of Digital Convergence
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    • v.20 no.5
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    • pp.331-336
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    • 2022
  • This study proved that the importance of Alderfer's ERG theory. it checked the effects of these three elements on organization-based self-esteem through resilience. In particular, the relationship between the ERG and the psychological factors of the members of the organization is investigated. Moreover, we attempt to verify the mediating effect of resilience on the relationship between ERG and organization-based self-esteem. This study was used for analysis a survey on data 265 employees in 10 organizations. The major finding are as follows. it was found that all three elements of ERG was positively effected resilience. Furthermore, resilience was found to improve the level of organization-based self-esteem. Finally, it was found that resilience have played a mediating role on the relationship between the ERG and organization-based self-esteem. In the conclusion, the summary and implications of the study and the future direction of the study were presented.

IACS UR E26 - Analysis of the Cyber Resilience of Ships (국제선급협회 공통 규칙 - 선박의 사이버 복원력에 대한 기술적 분석)

  • Nam-seon Kang;Gum-jun Son;Rae-Chon Park;Chang-sik Lee;Seong-sang Yu
    • Journal of Advanced Navigation Technology
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    • v.28 no.1
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    • pp.27-36
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    • 2024
  • In this paper, we analyze the unified requirements of international association of classification societies - cyber resilience of ships, ahead of implementation of the agreement on July 1, 2024, and respond to ship cyber security and resilience programs based on 5 requirements, 17 details, and documents that must be submitted or maintained according to the ship's cyber resilience,. Measures include document management such as classification certification documents and design documents, configuration of a network with enhanced security, establishment of processes for accident response, configuration management using software tools, integrated network management, malware protection, and detection of ship network security threats with security management solutions. proposed a technology capable of real-time response.

The Study on the Causes and Solutions of Work-family Conflict: With a focus on Employees' Resilience and Perceived Organizational Support (직장-가정 갈등 발생의 원인 및 해결방안에 대한 연구: 구성원들의 회복탄력성, 조직지원인식을 중심으로)

  • Da-Yeon, Choi;Hyung-Seog, Lee;Insuk Lee;Hyun-Kue, Lee;Seung-Jin, Kim
    • Journal of Industrial Convergence
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    • v.21 no.5
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    • pp.31-41
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    • 2023
  • We examine the relationship between abusive supervision and work-family conflict, and the moderating effects of employee's resilience and perceived organizational support. We collected the employees' sample(n=136) and conducted multiple hierarchical regression analysis. Abusive supervision has a significant positive effect on work-family conflict. Subordinate's resilience has a buffer effect on the main relationship, but perceived organizational support has no significant moderating effect. This study will be helpful for employees who are suffered from work-family conflict.

The effects of Resilience on employee's Innovative Work Behavior : moderating effect of Organizational Support and Organizational Error Management Culture (회복탄력성이 조직구성원의 혁신행동에 미치는 영향 - 조직지원과 실책관리문화의 조절효과 -)

  • Cho, Young-Bohk;Lee, Na-Young
    • Management & Information Systems Review
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    • v.33 no.5
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    • pp.155-169
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    • 2014
  • We meet many difficult challenges from many factors such as crime, natural disasters, social unrest, financial problems, employment, and so on. It therefore essential to cope with these negative stressful events to attain a state of personal well-being. Lately in the field of psychology and psychiatry, a concept called 'resilience' has received increasing attention. Resilience embodies the personal qualities that enable one to thrive in the face of adversity. Also it refers to the process of overcoming the negative effect of risk exposure, coping successfully with adversity, and avoiding the negative trajectories associated with risks. Resilience people were expected to do their innovative work behavior well. And SUS(supervisor support), COS(coworker support), OEMC(organizational error management culture) influence the relationship of resilience between Innovative Behavior. This study focused on three question. First, how is resilience relate to individual performance in the organization? And second, are there any moderate factors between resilience and individual performance. As the result of the hierarchical regression analysis, resilience indicates positive effects on IB and IB was predicted by interaction of resilience by SUS and OEMC. Findings in this study indicated that the level of SUS and OEMC should be considered in interpreting the resilience and Innovative Behavior.

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The Influence of Service Recovery Justice on Intention to Recommend for Retailer

  • SHIN, Yongsun;KIM, Moonseop
    • Journal of Distribution Science
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    • v.18 no.2
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    • pp.91-98
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    • 2020
  • Purpose: This research aimed to suggest retailing companies some ways to enhance customer satisfaction with service recovery and recommendation intention towards these companies. For this purpose, current study examined the relationships among service recovery justice, service failure severity, customer trust, recovery satisfaction and intention to recommend and the moderating role of ego-resilience. Research design, data and methodology: Current study developed a structural equation model in which perceived service recovery justice is a predictor, service failure severity, customer trust, recovery satisfaction are mediators, intention to recommend is a dependent variable and the ego-resilience is a moderator between the perceived service recovery justice and the customer trust and the recovery satisfaction. Data were collected from customers who experienced service failures from retailers. A total of 400 questionnaires were collected and 365 samples were used for analysis after deleting data having missing value. SPSS 25.0 and AMOS 24.0 were used to test the validity, reliability, and structural equation modeling. Results: Empirical results showed that the perceived service recovery justice had a negative influence on the perceived service failure severity and a positive influence on the customer trust and the recovery satisfaction. These results indicate that when customers perceive the service recovery justice more highly, they perceive the service failure less severe but they perceive the retailer more trustworthy and are satisfied with service recovery. In addition, the customer trust and the recovery satisfaction had a positive influence on the intention to recommend. These results indicate that when customers perceive the retailer more trustworthy and are satisfied with service recovery, they are more intend to recommend the retailer. Moreover, the influence of the perceived service recovery justice on the customer trust and the recovery satisfaction was moderated by the ego-resilience. Conclusions: This study contributed to the service recovery literature by proving the relationship among service recovery justice, service failure severity, customer trust, recovery satisfaction and intention to recommend. Moreover, current research introduced the ego-resilience into service recovery research area and revealed the moderation role of the ego-resilience. Managerially, this research suggested retailing companies some ways to effectively recover from service failure.