Resilience of Small Scale Enterprises to Natural Disasters: A Study of a Flood Prone Area in Bangladesh

Abstract

The study investigated the level of resilience of, and identified factors affecting resilience in, small scale enterprises. A cross sectional survey was carried out with a sample of 254 micro entrepreneurs in a subdistrict of the Sirajganj district in Bangladesh. To investigate different sorts of business resilience, we developed several items for each scale. Results indicate that the items in each of the capital-based resiliences are reliable and valid, suggesting that the capital-based approach developed by Mayunga (2007) can be used to further test validity and reliability. Multivariate regression analysis revealed that several factors had significant impact on different sorts of capital-based resilience. Although there was variation in capital specific resilience, education, monthly income, number of years of engagement in the current profession, number of employees, type of market, monthly income through revenue or disposal before disaster, loan received prior to disaster, and perception of recovery dynamics all had significant impact. The study concluded with theoretical and applied implications of the findings.

Relationship between Psychological Capital and Organizational Performance Mediated by Organizational Resilience: A Study in District Nowshera, Pakistan

“…Resilience is the ability of a system to sustain, absorb and bounce back to original or new form to perform more efficiently. The results of this study are in line with existing literature, which claimed that resilience has positive impact on business recovery (Asgary et al, 2012;Khan & Sayem, 2012). The study was set out to investigate the relationship between PsyCap, OR and MSME-LTDR.…”