has affected the global economy like no other crisis in the history of mankind. It forced worldwide lockdown and economic shutdown to the point from where the recovery process has been very difficult. It has affected demand, supply, production and consumption in such a way that the entire economic development cycle has gone to its lowest levels. COVID-19 has also affected the social and economic sustainability structure which has led from one crisis to another and the developing countries have been the worst hit. Economic crisis resulted in unemployment leading to labour migrations, inevitable casualties and rising poverty etc. However, at a certain level, a few industries and organizations have shown resilience with better anticipation and survivability which may lead them to a quicker recovery. The current study aims at presenting a holistic view of organizational resilience which leads to the overall sustainable development. The study considers three aspects of organizational resilience as crisis anticipation, organizational robustness and recoverability. It assesses the impact of the aspects of resilience on social sustainability and economic sustainability. The study uses empirical analysis of primary data which is analysed to verify the hypothesized relationships by using a structural equation modelling approach. The study finds out that predicting the crisis and disruptions, building robustness and recoverability have a positive effect on both the social and economic aspects of sustainability. Findings of the study have their practical implications for industry, researchers and society.
Firms added to (deleted from) the S&P 600 index experience a significant price increase (decrease) at announcement. Firms that newly enter (exit) the S&P universe experience a larger price increase (decrease) than firms that move between S&P indexes. Trading volumes are higher after the announcement and institutional ownership increases (decreases) following index additions (deletions). However, the price and volume effects are temporary and are fully reversed within 60 days, in contrast to the permanent effects reported for S&P 500 changes. Our results support the temporary price-pressure hypothesis and are similar to results reported for Russell 2000 index changes. Copyright 2006, The Eastern Finance Association.
The paper deals with the practical issues which exist in the supply chain of rice. The paper discusses various issues related to collaboration at downstream end of the supply chain, inventory management, demand consolidation and inventory reduction. While dealing with the supply chain issue it also gets into deal with the various procurement issues and finally a redesigned supply chain model has been proposed.
Purpose Humanitarian supply chain management (HSCM) in today’s environment faces the challenges such as information availability, inventory management, collaboration, logistics related issues and preparedness. The purpose of this paper is to evaluate the HSCM performance, considering the consequences in terms of operation, recovery and responsiveness based on the fuzzy estimates of the components presented. Design/methodology/approach In the study, triangulation approach was adapted for collecting data and developing a hierarchical structure for humanitarian supply chain performance assessment. The relationships between HSCM performance and its suddenness and required preparedness are depicted by cause and effect diagrams. The concepts of fuzzy association and fuzzy composition are applied to identify relationships. Findings In the hierarchy presented, the performance in a disaster situation, preparedness and suddenness of the situation and factors that influence the above are modeled. The taxonomy is developed for describing the relationship between factors, their likelihoods and impacts to achieve consistent quantification. Research limitations/implications The study considers case studies from Indian conditions; however, conditions in other countries and their practices for the disaster management may vary to certain extent. Practical implications A methodology presented for evaluating the exposures in considering the consequences in terms of responsiveness, operations, recovery, mitigation and emergency response. The study may help the humanitarian relief practitioners to understand the insights of the disaster situations using the proposed framework. Originality/value A common language for describing the different factors of HSCM is presented, which includes terms for quantifying likelihoods and impacts. The concept of fuzzy association and fuzzy composition has been applied to identify relationships between sources and consequences on HSCM performance. The use of descriptive linguistic variables is ensured through the implementation of fuzzy logic.
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