Liu, Li Xian, and Sun, Zhiyue (2024) Resilience of Organisation Capital on Firm's Performance Amid Crisis. Applied Finance Letters, 13. pp. 110-127.

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Abstract

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. Longterm investment in organisation capital would help to improve firm’s performance and mitigate the Changes in ROA in crisis. A resilience picture through organisation capital is pictured.

Item ID:	82626
Item Type:	Article (Research - C1)
ISSN:	2253-5802
Keywords:	organisation capital, crisis resilience, drops in firm performance, firm-specific crisis severity
Copyright Information:	© 2024 Li Xian Liu, Zhiyue Sun. This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Date Deposited:	30 Apr 2024 04:26
FoR Codes:	35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3507 Strategy, management and organisational behaviour > 350711 Organisational planning and management @ 40% 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3502 Banking, finance and investment > 350203 Financial econometrics @ 30% 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3502 Banking, finance and investment > 350202 Finance @ 30%
SEO Codes:	28 EXPANDING KNOWLEDGE > 2801 Expanding knowledge > 280123 Expanding knowledge in human society @ 30% 28 EXPANDING KNOWLEDGE > 2801 Expanding knowledge > 280108 Expanding knowledge in economics @ 30% 28 EXPANDING KNOWLEDGE > 2801 Expanding knowledge > 280106 Expanding knowledge in commerce, management, tourism and services @ 40%
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