Publication:
Coping with COVID-19: Does Management Make Firms More Resilient?

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dc.contributor.authorKarplus, Valerie J.
dc.contributor.authorGrover, Arti
dc.date.accessioned2021-01-21T15:50:04Z
dc.date.available2021-01-21T15:50:04Z
dc.date.issued2021-01
dc.description.abstractThe spread of COVID-19 has disrupted firm operations on a global scale. Using a comprehensive data set that observes over 3,000 firms in 16 countries, including several developing countries, shortly before and after the pandemic, we relate firms’ structured management practices to post- COIVD-19 outcomes, and report four main findings. First, structured management practices are associated with more limited downside impacts of the crisis on firm sales and survival in manufacturing but not in services. Better managed manufacturing firms, on average, experience a smaller reduction in sales. Second, in both manufacturing and services, structured management practice scores are correlated with a firm’s ability to adjust or convert product mix and shift to online work arrangements. Third, management scores are not correlated with firm’s ability to adjust on employment margins. Fourth, the resilience of better managed firms is related primarily to incentive practices and is uncorrelated with operations or targeting practices. Monitoring practice scores show a modest correlation with a firm’s ability to switch to remote work arrangements.en
dc.identifierhttp://documents.worldbank.org/curated/en/829711611084759307/Coping-with-COVID-19-Does-Management-Make-Firms-More-Resilient
dc.identifier.doi10.1596/1813-9450-9514
dc.identifier.urihttps://hdl.handle.net/10986/35028
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9514
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectPANDEMIC RESPONSE
dc.subjectCORPORATE GOVERNANCE
dc.subjectINNOVATION
dc.subjectENTREPRENEURSHIP
dc.subjectLABOR PRACTICE
dc.subjectSOCIAL RESPONSIBILITY
dc.subjectMANAGEMENT PRACTICES
dc.titleCoping with COVID-19en
dc.title.subtitleDoes Management Make Firms More Resilient?en
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleCoping with COVID-19: Does Management make Firms More Resilient?
okr.date.disclosure2021-01-19
okr.date.doiregistration2025-04-10T11:29:43.702746Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/829711611084759307/Coping-with-COVID-19-Does-Management-Make-Firms-More-Resilient
okr.guid829711611084759307
okr.identifier.doi10.1596/1813-9450-9514
okr.identifier.externaldocumentum090224b088267278_2_0
okr.identifier.internaldocumentum32761228
okr.identifier.reportWPS9514
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/829711611084759307/pdf/Coping-with-COVID-19-Does-Management-Make-Firms-More-Resilient.pdfen
okr.statistics.combined3136
okr.statistics.dr829711611084759307
okr.statistics.drstats1802
okr.topicHealth, Nutrition and Population::Disease Control & Prevention
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicPrivate Sector Development::Corporate Governance
okr.topicPrivate Sector Development::Corporate Social Responsibility
okr.topicPrivate Sector Development::Enterprise Development & Reform
okr.topicPrivate Sector Development::Small and Medium Size Enterprises
okr.unitFinance, Competitiveness and Innovation Global Practice
relation.isAuthorOfPublicationb51303b6-af29-592e-989d-eab9ca69edc9
relation.isAuthorOfPublication.latestForDiscoveryb51303b6-af29-592e-989d-eab9ca69edc9
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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