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The COVID-19 pandemic's effects on SMEs and travel agencies: The critical role of corporate social responsibility.

Author: LeThanh Tiep, WangZankai

Journal ArticleAn article published in an academic or professional journal that reports original research or scholarly analysis.

Overview

This study found that SMEs' strategies positively influence performance, particularly when integrated with corporate social responsibility practices. The results showed that the overall confidence index for all facilities ranged from 0.70 to 0.95, and reliability was established with A and Cronbach's alpha values ranging from 0.70 to 0.90. This emphasizes the impact of corporate social responsibility on communities, the environment, and heritage.
Paper Details　
Original Abstract of the Article :
This study is based on the system resilience framework, which outlines the aspects of community behavior, employees, the environment, history, and corporate social responsibility. We used a partial least squares structural equation model to evaluate a sample of 300 Vietnamese SMEs and travel agencie...See full text at original site
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引用元：
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9334160/

データ提供：米国国立医学図書館（NLM）

Resilience in the Desert: COVID-19's Impact on SMEs and Travel Agencies

The COVID-19 pandemic, like a fierce sandstorm, swept through the world, leaving behind a trail of devastation, particularly for small and medium-sized enterprises (SMEs) and travel agencies. This study explores the resilience of these businesses in the face of this unprecedented crisis. Utilizing the system resilience framework, the researchers investigated the role of corporate social responsibility (CSR) in influencing SME performance. They found that CSR practices positively influence performance, highlighting the importance of ethical and responsible business practices. The study further emphasizes the critical role of internal integrity and trust in fostering resilience during times of crisis.

Navigating the Storm: CSR as a Lifeline for Businesses

This research, like a camel navigating a treacherous desert, reveals the vital role of CSR in helping businesses weather the storm. The study's findings underscore the importance of ethical behavior, environmental sustainability, and community engagement in fostering long-term resilience and success.

Emerging Stronger from the Desert: Lessons in Resilience

This study, like a resilient desert plant thriving in harsh conditions, offers valuable lessons for businesses navigating turbulent times. By prioritizing CSR, businesses can cultivate a strong sense of purpose, foster trust among stakeholders, and build a foundation for enduring success. It highlights the importance of embracing ethical and responsible business practices as a key strategy for weathering future storms.

Dr. Camel's Conclusion

This study, like a camel navigating a harsh desert, highlights the critical role of corporate social responsibility in building resilience for SMEs and travel agencies. By embracing CSR, businesses can not only navigate challenging times but also emerge stronger and more sustainable in the long run.

Date :
  1. Date Completed n.d.
  2. Date Revised 2022-11-22
Further Info :

Pubmed ID

35919271

DOI: Digital Object Identifier

PMC9334160

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SNS
PICO Info
in preparation
Languages

English

Positive IndicatorAn AI analysis index that serves as a benchmark for how positive the results of the study are. Note that it is a benchmark and requires careful interpretation and consideration of different perspectives.

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