Business continuity, disaster readiness and performance in COVID-19 outbreak aftermath: A survey. Issue 10 (2022)

• Record Type: Journal Article
• Authors: Baz, Jamal EL; Ruel, Salomée
• Is Part Of: IFAC-PapersOnLine. Volume 55:Issue 10(2022)
• Page Start: 323
• Page End: 328
• Publication Date: 2022
• Subjects: Business continuity -- COVID-19 -- pandemic -- financial performance -- disaster readiness; Automatic control -- Periodicals; 629.805
• DOI: 10.1016/j.ifacol.2022.09.407
• Languages: English
• ISSNs: 2405-8963

Abstract

Abstract: Anchored in the COVID-19 context, this research seeks to examine the role of business continuity practices in improving both disaster readiness and business performance. A survey of 322 French firms was conducted and data were analyzed using structural equation modelling. The findings corroborate the postulates of resource-based view and organizational information processing theories regarding business continuity practices in COVID-19 context. Firms that improve their disaster readiness ( B = .243; p-value=.008**) and their business continuity practices ( B =.173; p-value=.038*) are more capable of enhancing their performance. The findings raise some questions regarding the validity of the preexisting knowledge on business continuity and disaster readiness in the context of COVID-19.