The Interruptive Power of COVID-19 Under a Business Continuity Perspective

Monika Wieczorek-Kosmala (), Iwona Gorzeń-Mitka () and Joanna Błach ()
Additional contact information
Monika Wieczorek-Kosmala: University of Economics in Katowice
Iwona Gorzeń-Mitka: Częstochowa University of Technology
Joanna Błach: University of Economics in Katowice

A chapter in Risk Management, 2022, pp 39-59 from Springer

Abstract: Abstract This study discusses the disruptions caused by the coronavirus disease (COVID-19) lockdown from the perspective of business continuity management. Shortly after the pandemic outbreak, numerous businesses faced the severe consequences of the sudden loss of customers or interruptions in the supply chain. In this chapter, we systemise these concerns and identify the critical areas of tensions that could potentially increase bankruptcy threats. In this respect, this study provides a better understanding of the directions for effective system interventions that could support business recovery and potentially reduce the macroeconomic impacts resulting from the anxieties of the business community. To draw these conclusions, we first conceptually consider the COVID-19 pandemic outbreak as an interruptive power. Furthermore, we study the key messages behind several global surveys that examined the business community outlook shortly after the lockdown. Finally, we study the interruptive power of COVID-19 by studying the anxieties communicated in the official reports released by public companies in Poland with the application of text mining techniques.

Keywords: Business interruption; COVID-19; Operating performance; Text mining; Risk disclosures (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:rischp:978-3-030-88374-4_3

Ordering information: This item can be ordered from
http://www.springer.com/9783030883744

DOI: 10.1007/978-3-030-88374-4_3

Access Statistics for this chapter

More chapters in Risk, Governance and Society from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().