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Resilience to the pandemic: the role of female management, multi-unit structure, and business model innovation

Resilience to the pandemic: the role of female management, multi-unit structure, and business model innovation
Resilience to the pandemic: the role of female management, multi-unit structure, and business model innovation
In this study, we analyse organisational resilience in the context of the recent COVID-19 pandemic. Combining arguments from the resource-based view and ergodicity, we theorise that organisational resilience depends on certain key characteristics of firms and their ability to innovate their business models. Specifically, we focus on female leadership and multi-unit structure as two characteristics that may condition the resource availability of firms during the pandemic and consider firms' innovative actions in response to the pandemic. We test our hypotheses using data from more than 11,000 firms in 34 countries. Our results confirm that female-led firms are less resilient, while multi-unit firms and those that introduced business model innovations are more resilient to the COVID-19 shock. Based on these findings, we suggest management and policy implications for building a firm’s resilience to future disruptions.
0148-2963
Gómez, Jaime
634b0d76-68f4-4998-bc3f-5a57aefa0441
Krammer, Sorin M.S.
24ce872e-5044-4846-bb35-88e12c74c854
Pérez-Aradros, Beatriz
73d05823-3eaa-4a2a-acce-32e8525f4e08
Salazar, Idana
5572a4fc-7085-4b9e-b69b-da63971aa7a1
Gómez, Jaime
634b0d76-68f4-4998-bc3f-5a57aefa0441
Krammer, Sorin M.S.
24ce872e-5044-4846-bb35-88e12c74c854
Pérez-Aradros, Beatriz
73d05823-3eaa-4a2a-acce-32e8525f4e08
Salazar, Idana
5572a4fc-7085-4b9e-b69b-da63971aa7a1

Gómez, Jaime, Krammer, Sorin M.S., Pérez-Aradros, Beatriz and Salazar, Idana (2023) Resilience to the pandemic: the role of female management, multi-unit structure, and business model innovation. Journal of Business Research, 172, [114428]. (doi:10.1016/j.jbusres.2023.114428).

Record type: Article

Abstract

In this study, we analyse organisational resilience in the context of the recent COVID-19 pandemic. Combining arguments from the resource-based view and ergodicity, we theorise that organisational resilience depends on certain key characteristics of firms and their ability to innovate their business models. Specifically, we focus on female leadership and multi-unit structure as two characteristics that may condition the resource availability of firms during the pandemic and consider firms' innovative actions in response to the pandemic. We test our hypotheses using data from more than 11,000 firms in 34 countries. Our results confirm that female-led firms are less resilient, while multi-unit firms and those that introduced business model innovations are more resilient to the COVID-19 shock. Based on these findings, we suggest management and policy implications for building a firm’s resilience to future disruptions.

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Accepted/In Press date: 22 November 2023
e-pub ahead of print date: 30 November 2023
Published date: 30 November 2023

Identifiers

Local EPrints ID: 497875
URI: http://eprints.soton.ac.uk/id/eprint/497875
ISSN: 0148-2963
PURE UUID: 652b6b5b-d86e-4dcd-b6e8-f3bef6a417f5
ORCID for Sorin M.S. Krammer: ORCID iD orcid.org/0000-0002-5773-9514

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Date deposited: 03 Feb 2025 17:58
Last modified: 22 Aug 2025 02:46

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Contributors

Author: Jaime Gómez
Author: Sorin M.S. Krammer ORCID iD
Author: Beatriz Pérez-Aradros
Author: Idana Salazar

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