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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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    3. Elia Balugani & Maria Angela Butturi & Delroy Chevers & David Parker & Bianca Rimini, 2020. "Empirical Evaluation of the Impact of Resilience and Sustainability on Firms’ Performance," Sustainability, MDPI, vol. 12(5), pages 1-18, February.
    4. 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.
    5. Jang, Seongsoo & Park, Jin Suk & Choi, Youngseok Thomas, 2022. "Organizational resource and resilience in tourism," Annals of Tourism Research, Elsevier, vol. 93(C).
    6. 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.
    7. 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).
    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. 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).
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    11. 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.
    12. 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.
    13. 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.
    14. 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.
    15. 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.
    16. 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).

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