Managers’ Identification of Natural Disaster Risks: Findings from a Survey of 18 Countries
International Business in Times of Crisis: Tribute Volume to Geoffrey Jones
ISBN: 978-1-80262-164-8, eISBN: 978-1-80262-163-1
Publication date: 14 March 2022
Abstract
In a largely exploratory study, the authors investigate: how do managers’ experiences with exogenous hazards (e.g., natural disaster risk) affect their identification of those hazards as salient to the firm? This analysis is based on an international survey of 575 managers across 18 disaster-prone countries. The authors examine whether and how locational hazard risk and managerial experience influence the identification of natural disaster risk as an important firm issue. The authors find that locational natural hazard risk, and direct and indirect experience with natural disasters, increases the likelihood that managers’ will identify firm-specific natural disaster risk as an important firm issue. In addition, the authors also find that managers are likely to identify natural hazards as a threat when natural hazard risk is high and when managers have experience in natural disasters that directly affected their businesses.
Keywords
Citation
Oh, C.H. and Oetzel, J. (2022), "Managers’ Identification of Natural Disaster Risks: Findings from a Survey of 18 Countries", van Tulder, R., Verbeke, A., Piscitello, L. and Puck, J. (Ed.) International Business in Times of Crisis: Tribute Volume to Geoffrey Jones (Progress in International Business Research, Vol. 16), Emerald Publishing Limited, Leeds, pp. 451-473. https://doi.org/10.1108/S1745-886220220000016024
Publisher
:Emerald Publishing Limited
Copyright © 2022 Chang Hoon Oh and Jennifer Oetzel