Research Article

Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique?

Volume: 9 Number: 1 June 30, 2024
TR EN

Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique?

Abstract

Paper studies the effect of pandemic on businesses in emerging countries. Global trade was adversely affected by COVID-19 pandemic. Governments around the world took severe measures to stop the spread of COVID-19 virus by shutting down all non-essential activities. Businesses were forced to close for a significant period-of-time during years 2020 and 2021; it is of no doubt that pandemic had a severe impact on them. Businesses are different on many dimensions such as type, activity, size, location, structure …etc. The purpose of this paper is to study the effect of pandemic on businesses in emerging countries on two dimensions, which are operations (such as sales) and strategies (such as adaptation) using firm’s size as a controlling variable. Study takes the case of businesses in two South African countries: Zambia and Mozambique. Results show businesses hardship in emerging countries was unevenly felt based on size and activity. Business unique structure plays a key role in building resilience in facing global challenges.

Keywords

References

  1. African Development Bank (ADB), 2023. African Economic Outlook 2023. https://www.afdb.org/en/countries/southern-africa
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  4. Brand, Blaese, R., Weber, G., & Winistoerfer, H. (2022). Changes in corporate responsibility management during COVID-19 crisis and their effects on business resilience: An empirical study of Swiss and German companies. Sustainability (Basel, Switzerland), 14(7), 4144–. https://doi.org/10.3390/su14074144
  5. Caballero-Morales, S. O. (2021). Innovation as recovery strategy for SMEs in emerging economies during the COVID-19 pandemic. Research in International Business and Finance, 57, 101396. https://doi.org/10.1016/j.ribaf.2021.101396
  6. Carnevale, & Hatak, I. (2020). Employee adjustment and well-being in the era of COVID-19: Implications for human resource management. Journal of Business Research, 116, 183–187. https://doi.org/10.1016/j.jbusres.2020.05.037
  7. Carroll, A. B. (2021). Corporate social responsibility (CSR) and the COVID-19 pandemic: Organizational and managerial implications. Journal of Strategy and Management, 14(3), 315-330. https://doi.org/10.1108/JSMA-07-2021-0145
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Details

Primary Language

English

Subjects

Economic Integration

Journal Section

Research Article

Early Pub Date

January 12, 2024

Publication Date

June 30, 2024

Submission Date

August 4, 2023

Acceptance Date

January 12, 2024

Published in Issue

Year 2024 Volume: 9 Number: 1

APA
Bahhouth, V., Wakim, G., & Mensah, E. (2024). Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique? JOEEP: Journal of Emerging Economies and Policy, 9(1), 1-9. https://izlik.org/JA37AB47KL
AMA
1.Bahhouth V, Wakim G, Mensah E. Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique? JOEEP. 2024;9(1):1-9. https://izlik.org/JA37AB47KL
Chicago
Bahhouth, Victor, Georges Wakim, and Edwin Mensah. 2024. “Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique?”. JOEEP: Journal of Emerging Economies and Policy 9 (1): 1-9. https://izlik.org/JA37AB47KL.
EndNote
Bahhouth V, Wakim G, Mensah E (June 1, 2024) Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique? JOEEP: Journal of Emerging Economies and Policy 9 1 1–9.
IEEE
[1]V. Bahhouth, G. Wakim, and E. Mensah, “Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique?”, JOEEP, vol. 9, no. 1, pp. 1–9, June 2024, [Online]. Available: https://izlik.org/JA37AB47KL
ISNAD
Bahhouth, Victor - Wakim, Georges - Mensah, Edwin. “Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique?”. JOEEP: Journal of Emerging Economies and Policy 9/1 (June 1, 2024): 1-9. https://izlik.org/JA37AB47KL.
JAMA
1.Bahhouth V, Wakim G, Mensah E. Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique? JOEEP. 2024;9:1–9.
MLA
Bahhouth, Victor, et al. “Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique?”. JOEEP: Journal of Emerging Economies and Policy, vol. 9, no. 1, June 2024, pp. 1-9, https://izlik.org/JA37AB47KL.
Vancouver
1.Victor Bahhouth, Georges Wakim, Edwin Mensah. Facing Global Challenges, Does Business Unique Structure Play a Key Role in Building Resilience – Case of Businesses in Zambia & Mozambique? JOEEP [Internet]. 2024 Jun. 1;9(1):1-9. Available from: https://izlik.org/JA37AB47KL

JOEEP is published as two issues per year June and December and all publication policies and processes are conducted according to the international standards. JOEEP accepts and publishes the research articles in the fields of economics, political economy, fiscal economics, applied economics, business economics, labour economics and econometrics. JOEEP, without depending on any institution or organization, is a non-profit journal that has an International Editorial Board specialist on their fields. All “Publication Process” and “Writing Guidelines” are explained in the related title and it is expected from authors to Show a complete match to the rules. JOEEP is an open Access journal.