RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISIS
Drawing on the concept of organisation capital as an intangible asset perspective, we examine the relationship between organisation capital and Australia firms’ performance and its moderating effects during the last two crisis periods, i.e., Global Financial Crisis (GFC) and COVID-19. We find that...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Tuwhera Open Access Publisher
2024-04-01
|
| Series: | Applied Finance Letters |
| Online Access: | https://ojs.aut.ac.nz/applied-finance-letters/article/view/648 |
| _version_ | 1797201049790971904 |
|---|---|
| author | Li Xian Liu Zhiyue Sun |
| author_facet | Li Xian Liu Zhiyue Sun |
| author_sort | Li Xian Liu |
| collection | DOAJ |
| description |
Drawing on the concept of organisation capital as an intangible asset perspective, we examine the relationship between organisation capital and Australia firms’ performance and its moderating effects during the last two crisis periods, i.e., Global Financial Crisis (GFC) and COVID-19. We find that higher investment in organisation capital will result in lower drops in firm’s performance. Long-term investment in organization capital would help to improve firm’s performance and mitigate the drops in performance in crisis. A resilience picture through organisation capital is pictured.
|
| first_indexed | 2024-04-24T07:41:22Z |
| format | Article |
| id | doaj.art-7191ca45725d4ef4b01fbbbe5a6f843b |
| institution | Directory Open Access Journal |
| issn | 2253-5799 2253-5802 |
| language | English |
| last_indexed | 2024-04-24T07:41:22Z |
| publishDate | 2024-04-01 |
| publisher | Tuwhera Open Access Publisher |
| record_format | Article |
| series | Applied Finance Letters |
| spelling | doaj.art-7191ca45725d4ef4b01fbbbe5a6f843b2024-04-19T13:08:01ZengTuwhera Open Access PublisherApplied Finance Letters2253-57992253-58022024-04-011310.24135/afl.v13i.648RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISISLi Xian LiuZhiyue Sun0Curtin University Drawing on the concept of organisation capital as an intangible asset perspective, we examine the relationship between organisation capital and Australia firms’ performance and its moderating effects during the last two crisis periods, i.e., Global Financial Crisis (GFC) and COVID-19. We find that higher investment in organisation capital will result in lower drops in firm’s performance. Long-term investment in organization capital would help to improve firm’s performance and mitigate the drops in performance in crisis. A resilience picture through organisation capital is pictured. https://ojs.aut.ac.nz/applied-finance-letters/article/view/648 |
| spellingShingle | Li Xian Liu Zhiyue Sun RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISIS Applied Finance Letters |
| title | RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISIS |
| title_full | RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISIS |
| title_fullStr | RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISIS |
| title_full_unstemmed | RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISIS |
| title_short | RESILIENCE OF ORGANISATION CAPITAL ON FIRMS’ PERFORMANCE AMID CRISIS |
| title_sort | resilience of organisation capital on firms performance amid crisis |
| url | https://ojs.aut.ac.nz/applied-finance-letters/article/view/648 |
| work_keys_str_mv | AT lixianliu resilienceoforganisationcapitalonfirmsperformanceamidcrisis AT zhiyuesun resilienceoforganisationcapitalonfirmsperformanceamidcrisis |