Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19
The global impact of the COVID-19 crisis has revealed divergent outcomes for businesses, with large corporations thriving while small companies facing challenges. Analyzing the Spanish market, which relies heavily on tourism and lacks large international companies, challenges conventional analyses....
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Format: | Article |
Language: | English |
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Universitat Politècnica de València
2025-01-01
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Series: | International Journal of Production Management and Engineering |
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Online Access: | https://polipapers.upv.es/index.php/IJPME/article/view/21740 |
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author | Jose Sevilla Cristina Ruiz-Martin Juan Jose Nebro Adolfo Lopez-Paredes |
author_facet | Jose Sevilla Cristina Ruiz-Martin Juan Jose Nebro Adolfo Lopez-Paredes |
author_sort | Jose Sevilla |
collection | DOAJ |
description | The global impact of the COVID-19 crisis has revealed divergent outcomes for businesses, with large corporations thriving while small companies facing challenges. Analyzing the Spanish market, which relies heavily on tourism and lacks large international companies, challenges conventional analyses. Despite these anomalies, business closures align with global trends. Applying the dynamic organizational resilience model—Absorption, Adaptation, and Learning—we propose that large Spanish companies, having weathered the 2008 financial crisis, were better equipped for COVID-19. This article investigates whether deploying organizational resilience justifies the Spanish market's response, exploring the influence of company size and crisis type on survival capacity between 2007 and 2023. |
format | Article |
id | doaj-art-532736ed948746e495ff4a588491b581 |
institution | Kabale University |
issn | 2340-4876 |
language | English |
publishDate | 2025-01-01 |
publisher | Universitat Politècnica de València |
record_format | Article |
series | International Journal of Production Management and Engineering |
spelling | doaj-art-532736ed948746e495ff4a588491b5812025-01-31T13:48:47ZengUniversitat Politècnica de ValènciaInternational Journal of Production Management and Engineering2340-48762025-01-01131455810.4995/ijpme.2025.2174020928Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19Jose Sevilla0https://orcid.org/0000-0001-8960-2670Cristina Ruiz-Martin1https://orcid.org/0000-0001-9525-2734Juan Jose Nebro2https://orcid.org/0000-0003-1167-2753Adolfo Lopez-Paredes3https://orcid.org/0000-0001-5748-8308Universidad de MálagaCarleton UniversityUniversidad de MálagaUniversidad de MálagaThe global impact of the COVID-19 crisis has revealed divergent outcomes for businesses, with large corporations thriving while small companies facing challenges. Analyzing the Spanish market, which relies heavily on tourism and lacks large international companies, challenges conventional analyses. Despite these anomalies, business closures align with global trends. Applying the dynamic organizational resilience model—Absorption, Adaptation, and Learning—we propose that large Spanish companies, having weathered the 2008 financial crisis, were better equipped for COVID-19. This article investigates whether deploying organizational resilience justifies the Spanish market's response, exploring the influence of company size and crisis type on survival capacity between 2007 and 2023.https://polipapers.upv.es/index.php/IJPME/article/view/21740organizationl resiliencespanish market2008 financial crisiscovid-19 crisis |
spellingShingle | Jose Sevilla Cristina Ruiz-Martin Juan Jose Nebro Adolfo Lopez-Paredes Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19 International Journal of Production Management and Engineering organizationl resilience spanish market 2008 financial crisis covid-19 crisis |
title | Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19 |
title_full | Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19 |
title_fullStr | Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19 |
title_full_unstemmed | Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19 |
title_short | Resilience of Spanish Firms: a comparative analysis of large and small businesses in the face of 008 financial crisis and COVID-19 |
title_sort | resilience of spanish firms a comparative analysis of large and small businesses in the face of 008 financial crisis and covid 19 |
topic | organizationl resilience spanish market 2008 financial crisis covid-19 crisis |
url | https://polipapers.upv.es/index.php/IJPME/article/view/21740 |
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