Resilience at the heart of the financial function of companies: a lever for sustainability against the effects of crises in Morocco - Case of Covid-19

La résilience au coeur de la fonction financière des entreprises: levier de pérennité contre les effets des crises au Maroc-Cas du Covid-19. « Resilience at the heart of the financial function of companies: a lever for sustainability against the effects of crises in Morocco -Case of Covid-19. »

Ghizlane Barzi and Bamousse Zineb
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Bamousse Zineb: ENCGS - Ecole Nationale de Commerce et de Gestion de SETTAT

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Abstract: Resilience is a multidisciplinary and polysemous concept that refers to the company's ability to manage its skills in a situation of crisis. In the Moroccan context, companies are currently facing various crises. However, the effects of the Covid-19 pandemic are still present. The objective of this article is to understand the relationship between the need to develop a management mode based on resilience and the sustainability of companies in the national arena. It also aims to carry out a reflexive assessment of the consequences of Covid-19 crisis on the financial function of companies and to formulate proposals to prevent and reduce these far-reaching consequences in the future. Therefore, an empirical study was conducted among 30 companies in the Moroccan industrial sector. The results of the study showed that resilience is a real lever for sustainability against the effects of the Covid-19 crisis.

Keywords: risk management resilience factor sustainability financial function cash flow; risk management; resilience factor; sustainability; financial function; cash flow (search for similar items in EconPapers)
Date: 2023-04
New Economics Papers: this item is included in nep-ara
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Published in The economics and management review (EMR), 2023, 1 (1)

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