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Organizational resilience and financial performance

Author

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  • Prayag, Girish
  • Chowdhury, Mesbahuddin
  • Spector, Samuel
  • Orchiston, Caroline

Abstract

•Models organizational resilience as a second-order construct.•Compares two models of organizational resilience and financial performance.•Suggests that modelling planned and adaptive resilience separately is better.•Only adaptive resilience has an impact on financial performance of firms.

Suggested Citation

  • Prayag, Girish & Chowdhury, Mesbahuddin & Spector, Samuel & Orchiston, Caroline, 2018. "Organizational resilience and financial performance," Annals of Tourism Research, Elsevier, vol. 73(C), pages 193-196.
    • Handle: RePEc:eee:anture:v:73:y:2018:i:c:p:193-196
    DOI: 10.1016/j.annals.2018.06.006
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    References listed on IDEAS

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    1. Sandeep Vij & Harpreet Singh Bedi, 2016. "Are subjective business performance measures justified?," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 65(5), pages 603-621, June.
    2. Orchiston, Caroline & Prayag, Girish & Brown, Charlotte, 2016. "Organizational resilience in the tourism sector," Annals of Tourism Research, Elsevier, vol. 56(C), pages 145-148.
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    Cited by:

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    2. Hassan Danaeefard & Atiye Sedaghat & Seyed Hosein Kazemi & Ahmadali Khaef Elahi, 2022. "Investment Areas to Enhance Public Employee Resilience during the Coronavirus Disease 2019 (COVID-19): Evidence from Iran," Public Organization Review, Springer, vol. 22(3), pages 837-855, September.
    3. Corbet, Shaen & Efthymiou, Marina & Lucey, Brian & O'Connell, John F., 2021. "When lightning strikes twice: The tragedy-induced demise and attempted corporate resuscitation of Malaysia airlines," Annals of Tourism Research, Elsevier, vol. 87(C).
    4. Ndatenyirigira Joseph, 2023. "Financial Statements Analysis and Financial Performance of Commercial Banks in Rwanda," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(3), pages 807-824, March.
    5. Eltigani Ahmed & James Kilika & Clare Gakenia, 2021. "The conceptualization of dynamic resource orchestration framework as an anchor for organizational resilience," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(7), pages 53-61, October.
    6. Yang, Eunjung & Kim, Jinwon & Pennington-Gray, Lori & Ash, Kevin, 2021. "Does tourism matter in measuring community resilience?," Annals of Tourism Research, Elsevier, vol. 89(C).
    7. Jang, Seongsoo & Park, Jin Suk & Choi, Youngseok Thomas, 2022. "Organizational resource and resilience in tourism," Annals of Tourism Research, Elsevier, vol. 93(C).
    8. Yuan, Ruizhi & Luo, Jun & Liu, Martin J. & Yu, Jiang, 2022. "Understanding organizational resilience in a platform-based sharing business: The role of absorptive capacity," Journal of Business Research, Elsevier, vol. 141(C), pages 85-99.
    9. Mihaela Neacșu & Iuliana Eugenia Georgescu, 2024. "Analysing the Impact of Crises on Financial Performance: Empirical Insights from Tourism and Transport Companies Listed on the Bucharest Stock Exchange (during 2005–2022)," JRFM, MDPI, vol. 17(2), pages 1-14, February.
    10. Afzal Izzaz Zahari & Dewi Izzwi Abdul Manan & Norhayati Mohamed & Jamaliah Said, 2023. "Impact of Dynamic Leadership and Marketing Planning on Organizational Resilience During Covid-19: Higher Learning Institutions," SAGE Open, , vol. 13(4), pages 21582440231, November.
    11. Gu, Xinbing & Chan, Hing Kai & Thadani, Dimple R. & Chan, Faith Ka Shun & Peng, Yi, 2023. "The role of digital techniques in organisational resilience and performance of logistics firms in response to disruptive events: Flooding as an example," International Journal of Production Economics, Elsevier, vol. 266(C).
    12. Berislav Andrlić & Kankanamge Gayan Priyashantha & Adambarage Chamaru De Alwis, 2023. "Employee Engagement Management in the COVID-19 Pandemic: A Systematic Literature Review," Sustainability, MDPI, vol. 15(2), pages 1-21, January.
    13. Ahmić Azra, 2022. "Strategic Sustainability Orientation Influence on Organizational Resilience: Moderating Effect of Firm Size," Business Systems Research, Sciendo, vol. 13(1), pages 169-191, June.
    14. Ali, Imran & Arslan, Ahmad & Chowdhury, Maruf & Khan, Zaheer & Tarba, Shlomo Y., 2022. "Reimagining global food value chains through effective resilience to COVID-19 shocks and similar future events: A dynamic capability perspective," Journal of Business Research, Elsevier, vol. 141(C), pages 1-12.
    15. Ritchie, Brent W. & Jiang, Yawei, 2019. "A review of research on tourism risk, crisis and disaster management: Launching the annals of tourism research curated collection on tourism risk, crisis and disaster management," Annals of Tourism Research, Elsevier, vol. 79(C).
    16. Ioannis-Panagiotis Varzakas & Theodore Metaxas, 2024. "Pandemic and Economy: An Econometric Analysis Investigating the Impact of COVID-19 on the Global Tourism Market," Tourism and Hospitality, MDPI, vol. 5(2), pages 1-14, April.
    17. Laura Rienda & Lorena Ruiz-Fernández & Rosario Andreu, 2024. "Internationalization and Sustainable Hotel Competitiveness: Resilience and Network Ties to Increase Tourism Sustainability," Sustainability, MDPI, vol. 16(8), pages 1-12, April.
    18. Eltigani Mohamed Ali Ahmed, 2021. "Leadership and organizational distress: Review of literature," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(6), pages 01-18, September.

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