Government power and the value of political connections: Evidence from Covid-19 economic lockdowns

Tee, Chwee-Ming; Wong, Wai-Yan; Hooy, Chee–Wooi

doi:10.1016/j.frl.2022.102706

Cited by 7 publications

(3 citation statements)

References 55 publications

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“…In order to limit the spread of COVID-19 and curb the drastic increase in mortality, the World Health Organization [4] recommended the implementation of Public Health and Social Measures (PHSM), such as imposing lockdown by country, state, or district on a global scale [61]. Pursuant to that, Malaysia has declared two total nationwide lockdowns during the long pandemic [62]. Prolonged lockdowns have caused inevitable changes to the usual activities, livelihoods, and routines of people, eventually leading to deteriorated mental health and increased self-harm or suicidal behavior [63].…”

Section: Discussionmentioning

confidence: 99%

Mental Health and the COVID-19 Pandemic: Observational Evidence from Malaysia

Tan

Chin

Sathapan

et al. 2023

IJERPH

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The interplay of physical, social, and economic factors during the pandemic adversely affected the mental health of healthy people and exacerbated pre-existing mental disorders. This study aimed to determine the impact of the COVID-19 pandemic on the mental health of the general population in Malaysia. A cross-sectional study involving 1246 participants was conducted. A validated questionnaire consisting of the level of knowledge and practice of precautionary behaviors, the Depression, Anxiety, and Stress Scales (DASS), and the World Health Organization Quality of Life—Brief Version (WHOQOL-BREF) was used as an instrument to assess the impacts of the COVID-19 pandemic. Results revealed that most participants possessed a high level of knowledge about COVID-19 and practiced wearing face masks daily as a precautionary measure. The average DASS scores were beyond the mild to moderate cut-off point for all three domains. The present study found that prolonged lockdowns had significantly impacted (p < 0.05), the mental health of the general population in Malaysia, reducing quality of life during the pandemic. Employment status, financial instability, and low annual incomes appeared to be risk factors (p < 0.05) contributing to mental distress, while older age played a protective role (p < 0.05). This is the first large-scale study in Malaysia to assess the impacts of the COVID-19 pandemic on the general population.

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Section: Discussionmentioning

confidence: 99%

Mental Health and the COVID-19 Pandemic: Observational Evidence from Malaysia

Tan

Chin

Sathapan

et al. 2023

IJERPH

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“…In line with previous studies, we used the COVID-19 pandemic as a proxy for environmental shock (Cowling et al. , 2021; Tee et al. , 2022; Fisch and Puhr, 2022; Kazemikhasragh and Buoni Pineda, 2022).…”

Section: Research Context and Methodsmentioning

confidence: 99%

“…3.3 Independent variables 3.3.1 Environmental shock. In line with previous studies, we used the COVID-19 pandemic as a proxy for environmental shock (Cowling et al, 2021;Tee et al, 2022;Fisch and Puhr, 2022;Kazemikhasragh and Buoni Pineda, 2022). We used several measures for which we had data at the Brazilian state level.…”

Section: Source(s): Authors Own Creationmentioning

confidence: 99%

Examining entrepreneurial successes and failures during the COVID-19 pandemic (2019–2023)

Gambirage,

Cyrino,

Caetano da Silva

et al. 2023

JSBED

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PurposeWhen entrepreneurship scholars and policy makers turned their attention to entrepreneurial ventures during the COVID-19 pandemic (2019–2023), its full effects on entrepreneurial firms and systems presented radically challenging questions and unresolved puzzles. In this paper, the authors shed light on these questions and puzzles with a large-scale empirical examination of the pandemic's overall effects on entrepreneurs, entrepreneurial firms, entrepreneurial environments and responses with a view toward success and failure over time.Design/methodology/approachThe authors adopt a broad exploratory approach and examine different perspectives to develop a deeper understanding of the COVID-19 pandemic's effects on entrepreneurs, entrepreneurial firms, entrepreneurial environments and responses especially regarding the success and failure of entrepreneurial ventures during the pandemic. Thus, the authors built a dataset with 10 survey waves from 2020 to 2021, with an average of 7,000 Brazilian entrepreneurial ventures (SMEs) in each wave of the survey. The authors used this data to examine their performance and survival.FindingsThe findings suggest that the increase of the COVID-19 virus contagion per se did not severely affect entrepreneurial ventures' performance and survival. However, the worsening of the COVID-19 pandemic did weaken entrepreneurial ventures' performance and survival. Moreover, the findings suggest that entrepreneur education has an inverted U-shaped relationship with entrepreneurial ventures performance. Indigenous, Brown and Black entrepreneurs experienced decreased entrepreneurial ventures survival compared to White entrepreneurs. While entrepreneurial ventures that adopted digital technologies and had access to loans increased their performance and survival during the COVID-19 pandemic, those who failed in these aspects experienced negative performance and survival effects. Thus, although the COVID-19 pandemic severely impacted many entrepreneurial ventures and even forced some to close, others survived and even prospered during the environmental shock.Originality/valueThe paper sheds light on a little understood topic: entrepreneurial venture success and failure in the COVID-19 pandemic.

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Political connections and economic policy uncertainty: A global evidence

Tee

Hooy

2023

Finance Research Letters

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Government power and the value of political connections: Evidence from Covid-19 economic lockdowns

Cited by 7 publications

References 55 publications

Mental Health and the COVID-19 Pandemic: Observational Evidence from Malaysia

Mental Health and the COVID-19 Pandemic: Observational Evidence from Malaysia

Examining entrepreneurial successes and failures during the COVID-19 pandemic (2019–2023)

Political connections and economic policy uncertainty: A global evidence

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