COVID‐19 Pandemic: The Interplay Between Firm Disruption and Managerial Attention Focus

Abstract

Pandemics and epidemics occur regularly, yet their impact on firm behaviours is under-researched. COVID-19 provides a unique opportunity to examine the impact of a once-in-a-century pandemic – given its scope, swift spread, health and economic devastation – on firms’ behaviours. Attention is the critical and initial step of the environmental adaptation process. In this paper, we draw on two complementary theories – contingency and attention-based view – and examine the relationship between disruption experienced by firms and their COVID-19 attention focus – a sudden exogenous shock. Industry environments may influence which signals attract managerial attention; hence, we examine if firm disruption–COVID-19 attention focus is moderated by industry dynamism. Drawing on the publicly available data and using a sample of 1,861 US and 1,154 Chinese firms – two diametrically opposite situational contexts – we test the generalizability of our hypotheses. We find a positive relationship between firm disruption and COVID-19 attention focus for the US sample and that industry dynamism negatively moderates this relationship. In the case of Chinese firms, these relationships were insignificant. Further analysis using topic modelling revealed that business–government relationships accounted for this difference.

Publication DOI: https://doi.org/10.1111/1467-8551.12556
Divisions: College of Business and Social Sciences > Aston Business School
College of Business and Social Sciences > Aston Business School > Marketing & Strategy
Additional Information: This is the peer reviewed version of the following article: Ghobadian, A., Han, T., Zhang, X., O'Regan, N., Troise, C., Bresciani, S. and Narayanan, V. (2021), COVID-19 Pandemic: The Interplay Between Firm Disruption and Managerial Attention Focus. Brit J Manage, which has been published in final form at https://doi.org/10.1111/1467-8551.12556.  This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.
Uncontrolled Keywords: Business, Management and Accounting(all),Strategy and Management,Management of Technology and Innovation
Publication ISSN: 1467-8551
Full Text Link:
Related URLs: https://onlinel ... 1467-8551.12556 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2022-01
Published Online Date: 2021-10-29
Accepted Date: 2021-10-07
Authors: Ghobadian, Abby
Han, Tian
Zhang, Xuezhi
O'Regan, Nicholas (ORCID Profile 0000-0003-3014-0373)
Troise, Ciro
Bresciani, Stefano
Narayanan, Vadake

Download

[img]

Version: Accepted Version

Access Restriction: Restricted to Repository staff only until 29 October 2023.


Export / Share Citation


Statistics

Additional statistics for this record