Resilience of Organisation Capital on Firm's Performance Amid Crisis
Journal Publication ResearchOnline@JCULiu, Li Xian;Sun, Zhiyue
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.
Journal
Applied Finance Letters
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Volume
13
ISBN/ISSN
2253-5802
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Pages Count
18
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Publisher
Auckland Centre for Financial Research
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Publish Date
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Url
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Date
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EISSN
N/A
DOI
10.24135/afl.v13i.648