The impact of Covid-19 pandemic on corporate social responsibility and marketing philosophy

He, Hongwei; Harris, Lloyd C.

doi:10.1016/j.jbusres.2020.05.030

Cited by 1,113 publications

(1,107 citation statements)

References 16 publications

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“…Since the outbreak of the COVID-19 pandemic, various studies were conducted to investigate its effect on the economy, including its impact on the correlations between crude oil and agricultural futures [ 1 ], co-movement between COVID-19 and Bitcoin [ 2 ], the tourism industry [ 3 ], the covariance between temperature, COVID-19 and exchange rate in Wuhan [ 4 ], Italian manufacturing firms [ 5 ], B2B sales forces [ 6 ], efficiency of equity and cryptocurrency markets [ 7 ], airline employment [ 8 ], entrepreneurial uncertainty [ 9 ], consumer behavior [ 10 ], marketing innovations [ 11 ], corporate social responsibility and marketing [ 12 ], and randomness and mutual information between markets [ 13 ], to name few. In addition, other interesting studies focused on the forecasting of new cases [ 14 ] and knowledge sharing and collaboration for preparedness to fight the pandemics [ 15 ].…”

Section: Introductionmentioning

confidence: 99%

Randomness, Informational Entropy, and Volatility Interdependencies among the Major World Markets: The Role of the COVID-19 Pandemic

Lahmiri

Bekiros

2020

Entropy

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The main purpose of our paper is to evaluate the impact of the COVID-19 pandemic on randomness in volatility series of world major markets and to examine its effect on their interconnections. The data set includes equity (Bitcoin and Standard and Poor’s 500), precious metals (Gold and Silver), and energy markets (West Texas Instruments, Brent, and Gas). The generalized autoregressive conditional heteroskedasticity model is applied to the return series. The wavelet packet Shannon entropy is calculated from the estimated volatility series to assess randomness. Hierarchical clustering is employed to examine interconnections between volatilities. We found that (i) randomness in volatility of the S&P500 and in the volatility of precious metals were the most affected by the COVID-19 pandemic, while (ii) randomness in energy markets was less affected by the pandemic than equity and precious metal markets. Additionally, (iii) we showed an apparent emergence of three volatility clusters: precious metals (Gold and Silver), energy (Brent and Gas), and Bitcoin and WTI, and (iv) the S&P500 volatility represents a unique cluster, while (v) the S&P500 market volatility was not connected to the volatility of Bitcoin, energy, and precious metal markets before the pandemic. Moreover, (vi) the S&P500 market volatility became connected to volatility in energy markets and volatility in Bitcoin during the pandemic, and (vii) the volatility in precious metals is less connected to volatility in energy markets and to volatility in Bitcoin market during the pandemic. It is concluded that (i) investors may diversify their portfolios across single constituents of clusters, (ii) investing in energy markets during the pandemic period is appealing because of lower randomness in their respective volatilities, and that (iii) constructing a diversified portfolio would not be challenging as clustering structures are fairly stable across periods.

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Section: Introductionmentioning

confidence: 99%

Randomness, Informational Entropy, and Volatility Interdependencies among the Major World Markets: The Role of the COVID-19 Pandemic

Lahmiri

Bekiros

2020

Entropy

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“…sees consensus as a criterion for doubting social solidarity and believes that society does not really exist unless its members have the same beliefs [3]. another study from Hongwei He in 2020, also believes that social solidarity and national harmony are based on values and moral rules and the acceptance of these values by the majority of society and individualism is a great scourge of social harmony, translation In Iranian society, with attention To the collectivist culture and national values and religion based on unity and solidarity, we have always witnessed in critical situations that new structures based on these values have been doubted and have led to the adaptation and solidarity of society and participation [33].…”

Section: Discussionmentioning

confidence: 99%

Evaluation of the effects of Covid 19 on the mental health of staff in a private hospital for coronary patients

Nodoushan

Alimoradi

Nazari

2020

Preprint

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Background: Corona epidemic and quarantine enforcement, various effects on the psychological and social aspects of the population has left. The aim of this study is to investigate the relationship between depression, anxiety and relationship with medical staff and mental health is caused by corona.Methods: For this purpose, samples of 650 health personnel of private hospitals were selected. Inventory DASS, HADS, and the Internet and through social media networks were evaluated. To analyze the data, Pearson correlation and regression analysis were used.Results: The results showed that straw anxiety corona) to negative (and social cohesion caused by corona) to positive (mental health correlates. It was also found that anxiety caused by Corona, respectively 47 and 26 percent predict changes in mental health.Conclusion: These results show the positive and negative effects of psychosocial interventions in quarantine and it have practical implications in the development of the epidemic crisis is Corona.

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“…The current situation shows how important information uncertainty is, as well as the impact of direct communication and social media because uncertainty and various sources of communication caused panic and confusion [24]. The pandemic also gave companies an opportunity to switch to more authentic CSR, as well as to contribute to global environmental and social change [25]. With the help of CSR, it is possible to effectively build an external image, which impacts the reception of their brand during a crisis [26].…”

Section: Literature Reviewmentioning

confidence: 99%

Distribution of Services Within the Call Center and Covid 19 – a Case Study

Dankiewicz

Tworzydło

Ostrowska-Dankiewicz

2020

Wseas Transactions on Business and Economics

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The considerations presented in the paper concern the impact of Covid-19 on sales possibilities in the pre-paid system and development perspectives of the researched business entity. As part of its operations, this entity is responsible for the supply of fuel to nearly 4,500 customers conducting business operations throughout Poland. The study was carried out by means of the method of quantitative analysis of economic data. The acquired data constituted a closed set of 518 479 contacts collected as a result of reporting the work of the call center department. The purpose of the paper is to analyze the impact of the Covid-19 pandemic on the possibilities of acquiring new customers by the entity that sells pre-paid fuels and the prospects for its future development. The analyzes allowed showing the relationship, before and after the introduction of socioeconomic restrictions, between the number of sales contacts made and their effectiveness. It was proved that lockdown caused changes in the scope of managing executive operations within the call center of the entity. This, in turn, affected operational and management decisions at both ownership and management levels.

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The impact of Covid-19 pandemic on corporate social responsibility and marketing philosophy

Cited by 1,113 publications

References 16 publications

Randomness, Informational Entropy, and Volatility Interdependencies among the Major World Markets: The Role of the COVID-19 Pandemic

Randomness, Informational Entropy, and Volatility Interdependencies among the Major World Markets: The Role of the COVID-19 Pandemic

Evaluation of the effects of Covid 19 on the mental health of staff in a private hospital for coronary patients

Distribution of Services Within the Call Center and Covid 19 – a Case Study

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