Domestic Leisure Tourism: Lessons Learnt from Township Business Operators During the COVID-19 Pandemic Era

Dube, Cynthia N.; Muresherwa, Gift; Makuzva, Washington

doi:10.1007/978-3-031-28340-6_11

COVID-19, Tourist Destinations and Prospects for Recovery 2023

DOI: 10.1007/978-3-031-28340-6_11

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Domestic Leisure Tourism: Lessons Learnt from Township Business Operators During the COVID-19 Pandemic Era

Cynthia N. Dube

Gift Muresherwa

Washington Makuzva

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2024

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Factors affecting firm‐level job cuts during the COVID‐19 pandemic: A cross‐country evidence

Sarker

2024

Int. J Fin Econ

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This study investigates the determinants of firms' job‐cut decisions during the COVID‐19 pandemic, considering both firm‐level and country‐level factors. Data from 31 countries (a mix of developed and emerging) collected between May 2020 and May 2021 are analyzed using a multilevel Zero‐Inflated Negative Binomial (ZINB) model. The results reveal that firms that were operational, larger in size, received financial incentives, and arranged remote work for their workforce laid off a smaller proportion of workers. Conversely, firms that experienced significant sales reductions, input supply disruptions, and introduced delivery or carry‐out services laid off a larger proportion of workers. Moreover, among financial incentive‐recipient firms, smaller ones and those that introduced remote work and delivery or carry‐out services had smaller layoffs. At the country level, the human capital index (HCI) significantly influenced job‐cut decisions, with higher HCI scores associated with smaller layoffs. Classifying countries into “developed” and “emerging” yielded similar results, except for temporary closure having no significant impact on job cuts in developed countries and remote work showing no impact on job cuts in emerging countries. The robustness of the results was confirmed by a multilevel zero‐inflated Tobit model, which consistently reproduced the outcomes.

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Factors affecting firm‐level job cuts during the COVID‐19 pandemic: A cross‐country evidence

Sarker

2024

Int. J Fin Econ

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Impact of Firm-Specific and Macroeconomic Determinants on Environmental Expenditures: Empirical Evidence from Manufacturing Firms

Bagadeem,

Siddiqui,

Narula

et al. 2024

Economies

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This research aims to examine the association between firm-specific and macroeconomic determinants and environmental expenditures in the Indian manufacturing sector. Furthermore, it seeks to investigate the moderation effect of country-level governance and economic development on the association between macroeconomic, firm-specific, and environmental expenditures. The current study is based on 70 manufacturing firms for the period of 2011 to 2021. The dependent variable is environmental expenditures and the independent variables are firm-specific and microeconomic determinants. The results revealed that market capitalization and firm size have a positive and significant impact on environmental expenditures. On the other hand, inflation and the rule of law negatively and significantly affect environmental expenditures. Regarding the moderation effect, the results revealed that the rule of law and GDP positively moderate the association between inflation and environmental expenditures. Hence, this research has significant implications for corporate executives, financial experts, regulators, and other interested parties.

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Domestic Leisure Tourism: Lessons Learnt from Township Business Operators During the COVID-19 Pandemic Era

Cited by 2 publications

References 47 publications

Factors affecting firm‐level job cuts during the COVID‐19 pandemic: A cross‐country evidence

Factors affecting firm‐level job cuts during the COVID‐19 pandemic: A cross‐country evidence

Impact of Firm-Specific and Macroeconomic Determinants on Environmental Expenditures: Empirical Evidence from Manufacturing Firms

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