Effects of Virus Risk on Corporate Sustainability: Literature Review

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Date

2023

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Springer Nature

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info:eu-repo/semantics/closedAccess

Abstract

COVID-19 prompted scientists, experts, and health professionals to join efforts in an attempt to find effective ways to mitigate risks, curb the consequences, and balance the trade-offs in a dynamic business environment characterized by sudden changes in market demand unpredictability, financial crashes, and profound adversities (van Barneveld et al. in Econ Labour Relat Rev 31:133–157, 2020). Inflation rates and energy costs have increased all over the world. While education has evolved into distance education with the COVİD announcement, unfortunately, two years have gone down in history as a loss for students who do not have computers, smart phones and internet facilities. In this study, recent published articles about the effects of COVID-19 on different sectors and economy were examined. It seems that while health and information technologies have profited from the COVID period, the tourism sector has taken a big hit. © 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Keywords

Corporate Sustainability; Covid-19; Economic Effect; Pandemic; Sector

Journal or Series

Accounting, Finance, Sustainability, Governance and Fraud

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N/A

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