Understanding recovery of small enterprises from natural disaster

Khan, Mohammad Aftab Uddin; Sayem, Mohammad Amir

doi:10.1080/17477891.2012.761593

Cited by 37 publications

(41 citation statements)

References 13 publications

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“…Dahlhamer and Tierney [11] found that size mattered in coping with disaster: the bigger the better. However, several researchers, including Khan and Sayem [19] and Sydnor et al [16], found that businesses with a larger number of employees were less likely to recover from disaster in the long run.…”

Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

“…Khan and Sayem [19] found that firm owners with higher monthly income had a greater likelihood of facing delayed recovery of business from disaster. Web et al [26] found that the pre-disaster financial condition variable was statistically significant for long-term recovery.…”

Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

“…Some researchers said the construction and manufacturing industries could realize gains from post-disaster reconstruction [9]. Khan and Sayem [19] reported retailers were less likely to recover their businesses after flood disaster in Bangladesh.…”

Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

“…Several industries are more resistant than others, particularly after natural disasters [9,11,19]. Some researchers said the construction and manufacturing industries could realize gains from post-disaster reconstruction [9].…”

Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

“…Khan and Sayem [19] conducted a study of 251 small-scale firm owners, which identified the factors affecting business recovery from flood disasters in Bangladesh. They found that when owners had more experience, they were less likely to experience delayed recovery.…”

Section: Owner Demographicsmentioning

confidence: 99%

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The Long-Term Impact of Disaster Loans: The Case of Small Businesses after Hurricane Katrina

Hiramatsu

Marshall

2018

Sustainability

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Abstract:The US government provided $2.6 billion of small business administration (SBA) disaster loans to individuals and businesses in Mississippi after Hurricane Katrina in 2005. However, existing literature has not fully explored the firm-level effects of post-disaster loan aid, specifically, the effect on small businesses. The objective of this article is to examine whether SBA disaster loans played a significant role in the performance of small businesses after Hurricane Katrina. Data from a sample of 287 small businesses in Mississippi that were operating before Hurricane Katrina and still operating in 2013 were used in the analysis. Two hypotheses were tested: (1) small business owners that received SBA disaster loans have higher revenue change compared to before Katrina than those who did not receive the loan; (2) small business owners that received SBA disaster loans perceived their businesses to have higher revenue than before Katrina. Receiving a SBA disaster loan played a positive and statistically significant role in determining the actual revenue change and owners' perception of revenue.

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Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

Section: Pre-disaster Business Characteristicsmentioning

confidence: 99%

Section: Owner Demographicsmentioning

confidence: 99%

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The Long-Term Impact of Disaster Loans: The Case of Small Businesses after Hurricane Katrina

Hiramatsu

Marshall

2018

Sustainability

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Risk perception and determinants in small‐ and medium‐sized agri‐food enterprises amidst the COVID‐19 pandemic: Evidence from Egypt

2020

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The coronavirus disease‐2019 (COVID‐19) pandemic has disrupted many activities along agri‐food supply chains in developing countries and posed unprecedented challenges in particular to small and medium agri‐food enterprises (SMEs). Drawing on a survey of 166 Egyptian agri‐food SMEs, this study investigates differences in‐ and determinants of COVID‐19 business risk perception among these enterprises. The empirical results showed that risk perception was highly asymmetric across geographical regions. Enterprises with longer cash flow coverage periods and higher values of total assets perceived significantly lower risk levels, as cash and assets functioned as a buffer against the impact of COVID‐19. The findings of the study imply that the “just‐in‐time” approach and the absence of a proactive and preventative stance to risk management reduced the resilience of agri‐food SMEs to the risks presented by the pandemic. Generally, enterprises that operate both in domestic and export markets perceived lower COVID‐19 risks. Finally, the main export destination to which the surveyed enterprises export was a significant determinant of their risk perception. These findings could be useful to managers of agri‐food businesses in terms of better understanding of risks and promotion of risk management practices. More so, they can help design effective policy interventions to mitigate the impacts of the pandemic on Egyptian agri‐food SMEs and build up their resilience to future pandemics and shocks.

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