NDLI: COVID-19 Pandemic Implications for Corporate Sustainability and Society: A Literature Review

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COVID-19 Pandemic Implications for Corporate Sustainability and Society: A Literature Review

Content Provider	MDPI
Author	Su, Ruixin Obrenovic, Bojan Du, Jianguo Godinic, Danijela Khudaykulov, Akmal
Copyright Year	2022
Description	The paper revises the ample empirical and theoretical literature on sustainable organizational growth and strategic leadership relating to the critical aspects of the ongoing pandemic, including poverty, social responsibility, public health, and organizational and managerial innovation. Drawing from available COVID-19, management, and sustainable leadership publications released from 2020 to 2021, this paper considers influential studies exploring core business concepts, principles, philosophies, and activities for accelerating, stimulating, and nurturing social and corporate sustainability. The study analyzed the characteristics and interrelation of 133 articles through bibliometric and literature systemization techniques. We shed light on the significant influence COVID-19 has had on financial, operational, and psychological solvency and organizational health to elucidate expectations and implications for businesses worldwide concerning the long-term financial and functional impact of COVID-19. An overview of the relevant studies on the individual, organizational, and external factors relating to novel disease’s relation to sustainability are provided. We emphasize the need for digital transformation following the COVID-19 upheaval and throughout the upcoming years. Some of the generally employed techniques in response to adversity entail portfolio diversification, service delivery innovation, product redesigning, new market development, partnering with competitors and/or complementary service providers, synergizing with other stakeholders, and open innovation.
Starting Page	1592
e-ISSN	16604601
DOI	10.3390/ijerph19031592
Journal	International Journal of Environmental Research and Public Health
Issue Number	3
Volume Number	19
Language	English
Publisher	MDPI
Publisher Date	2022-01-30
Access Restriction	Open
Subject Keyword	International Journal of Environmental Research and Public Health Applied Ethics Corporate Sustainability Covid-19 Pandemic Crisis Management Leadership Digital Transformation
Content Type	Text
Resource Type	Article

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