engleski

Organizational resilience and COVID-19 pandemic: the case of Croatia

The COVID 19 pandemic was an unprecedented event that led to government lockdowns and quarantines, disrupting the global supply chains, and acting as an external shock to international markets. Most business organizations faced special circumstances caused by the imposed public health measures and their ability to conduct day to day operations was negatively impacted. To counter the negative impact of the pandemic, governments around the world initiated various financial aid schemes aimed at helping organizations to cope with the unwanted effects of the pandemic. The Croatian government implemented a public grants program aimed at preservation of jobs for employers whose economic activity has been disrupted due to special circumstances caused by COVID -19 as well as COVID – 19 loans and supports for part-time work. Following the start of the pandemic, the concept of organizational resilience came into the forefront of business research. Resilience can be broadly defined as an ability of an organization to absorb stress and function in changed circumstances. However, the relationship between various public policies aimed at helping business organizations during the COVID 19 pandemic and organizational resilience is still unexplored. The aim of this exploratory paper is to discuss the potential effects of pandemicinduced public grants on business organizations resilience and survival, with a special emphasis on Croatia.

COVID 19 pandemic ; economic policy ; public grants ; organizational resilience

nije evidentirano