Business Under Crisis Volume I: Contextual Transformations

291 Pages·2022·3.712 MB·English

by  Demetris Vrontis, Alkis Thrassou, Yaakov Weber, S. M. Riad Shams, Evangelos Tsoukatos, Leonidas Efthymiou

PALGRAVE STUDIES IN CROSS-DISCIPLINARY
BUSINESS RESEARCH, IN ASSOCIATION
WITH EUROMED ACADEMY OF BUSINESS
Business under Crisis
Volume I
Contextual Transformations
Edited by Demetris Vrontis · Alkis Thrassou
Yaakov Weber · S. M. Riad Shams
Evangelos Tsoukatos · Leonidas Efthymiou
Palgrave Studies in Cross-disciplinary Business
Research, In Association with EuroMed Academy
of Business
Series Editors
Demetris Vrontis
Department of Marketing
University of Nicosia
Nicosia, Cyprus
Yaakov Weber
School of Business Administration
College of Management
Rishon Lezion, Israel
Alkis Thrassou
Department of Marketing
University of Nicosia
Nicosia, Cyprus
S. M. Riad Shams
Newcastle Business School
Northumbria University
Newcastle upon Tyne, UK
Evangelos Tsoukatos
Department of Accounting and Finance
Hellenic Mediterranean University
Heraklion, Crete, Greece
Reflecting the growing appetite for cross-disciplinary business research,
this series aims to explore the prospects of bringing different business
disciplines together in order to guide the exploration and exploitation of
scholarly and executive knowledge. Each book in the series will examine
a current and pressing theme and consist of a range of perspectives such
as management, entrepreneurship, strategy and marketing in order to
enhance and move our thinking forward on a particular topic.
Contextually the series reflects the increasing need for businesses to
move past silo thinking and implement cross-functional and cross-disci-
plinary strategies. It acts to highlight and utilize the emergence of cross-
disciplinary business knowledge and its strategic implications across
economic sectors, geographic regions and organizational types.
Published in conjunction with the EuroMed Academy of Business,
books will be published annually and incorporate new scientific research
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More information about this series at
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Demetris Vrontis
Alkis Thrassou • Yaakov Weber
S. M. Riad Shams
Evangelos Tsoukatos
Leonidas Efthymiou
Editors
Business Under Crisis
Volume I
Contextual Transformations
Editors
Demetris Vrontis Alkis Thrassou
School of Business School of Business
Univesrity of Nicosia University of Nicosia
Nicosia, Cyprus Nicosia, Cyprus
Yaakov Weber S. M. Riad Shams
School of Business Administration Newcastle Business School
College of Management Northumbria University
Rishon Lezion, Israel Newcastle upon Tyne, UK
Evangelos Tsoukatos Leonidas Efthymiou
Department of Accounting and Finance School of Business
Hellenic Mediterranean University University of Nicosia
Heraklion, Greece Nicosia, Cyprus
ISSN 2523-8167 ISSN 2523-8175 (electronic)
Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed
Academy of Business
ISBN 978-3-030-76566-8 ISBN 978-3-030-76567-5 (eBook)
https://doi.org/10.1007/978-3-030-76567-5
© The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature
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Contents
1 Editorial Introduction: Crisis in Context 1
Alkis Thrassou, Leonidas Efthymiou, Demetris Vrontis, Yaakov
Weber, S. M. Riad Shams, and Evangelos Tsoukatos
2 US Foreign Direct Investments in the Eurozone: A
Distance Analysis in View of Global Crisis. Evidence from
the Manufacturing Sector 17
Xanthippe Adamoglou, Vasiliki Kounnou, and Dimitris Kyrkilis
3 Litigation Risk, Audit Fees and the Financial Crisis
Impact: Empirical Evidence from the UK 41
Panagiotis E. Dimitropoulos
4 SMEs Facing Crisis: Ideal Response or Equifinal Reactions? 63
Diego Campagnolo, Martina Gianecchini, Paolo Gubitta,
Simona Leonelli, and Alessandra Tognazzo
5 Changes in Consumption Patterns of Tourists After the
COVID-19 Pandemic 85
Mara Franco
v
vi Contents
6 e-mobility in the Age of COVID-19 101
Alessandro Augurio, Clelia Mazzoni, Laura Castaldi,
and Teresa Cerchiello
7 Managing Climate Crisis in the Sport Sector: New
Challenges and Opportunities for Sports Organisations 125
Rita Mura, Francesca Vicentini, and Giorgio Portaluri
8 The Impact of COVID-19 on the Mega Sport Events: The
Case of the Postponement of Olympic Games “Tokyo
2020” 149
Mario Nicoliello
9 Business Under Crisis: Digital Transformation of
Learning and Development 175
Janhavee Ravindra Walvadkar and Hans Rudiger Kaufmann
10 Business Under Crisis: Talent Management and
Responsible Leadership in Luxembourg in Pandemic
Times 201
Ursula Schinzel
11 The Revealing Shades of the Pandemic Crisis in Romania 223
Larisa Mihoreanu and Laura Mariana Vlăducă
12 Transforming India’s Logistic Industry During
COVID-19 Crisis 247
Asha Bhatia, Komal Jain, Ravi Teja Boddapati, and
Prashant Goyal
Index 269
Notes on Contributors
Xanthippe Adamoglou is an adjunct lecturer at the University of
Macedonia, Thessaloniki, Greece, where she teaches international business
management, international business relations, and analysis of the interna-
tional business environment. She holds a PhD from the Department of
Balkan, Slavic and Oriental Studies, University of Macedonia. She is simul-
taneously a postdoctoral researcher in the Department of Business
Administration at the University of Macedonia. She has worked as a
research analyst in the Ministry of Macedonia and Thrace, Thessaloniki,
Greece.Adamoglou is the author of many academic papers published in top
international refereed journals. Moreover, her academic work is in the pro-
ceedings of numerous international scientific conferences, such as EIBA
and EBEEC. Her academic interests include a wide range of subjects such
as foreign direct investments, entry mode strategies, institutional theory,
and coevolution theory. Adamoglou besides her academic background has
also worked as an accountant assistant and as a finance liaison officer in the
private sector.
Alessandro Augurio is a research fellow in management at the
Department of Economics of the University of Campania “Luigi
Vanvitelli” in Capua. He achieved a PhD in entrepreneurship and inno-
vation at the Second University of Naples, during which he began to face
the phenomenon of servitization in the manufacturing industries. He
vii
viii Notes on Contributors
was a visiting PhD in 2015 at the University of Bedfordshire in Luton.
He collaborates with the chairs of management and firm-market relation-
ships at the Department. His main research areas are servitization, digita-
lization, and e-mobility.
Asha Bhatia is the director of research at Universal Business School. She
has 23 years of work experience. She holds a PhD in management studies
and has served as a strategist and policy maker in the social sector. She is
a keen researcher, over 22 of her research papers have appeared in leading
peer-reviewed international journals of repute, and she has authored a
book chapter, “Universal Brotherhood Through Yoga”, which was released
by the Hon. Vice President of India and completed four funded research
projects. She is the only professor selected from India to the 15-member
board of the ENACTUS Global Faculty Research Network, where she
represents Asia. She has won numerous accolades—Distinguished woman
in the field of management—Global women summit India—2019 and
Education excellence award for Social and Economic Development,
Azerbaijan, 2019. She has conducted numerous MDPs for Mumbai
Police and the Indian Navy.
Ravi Teja Boddapati holds a bachelor’s degree in the field of engineer-
ing and is pursuing his MBA in marketing from the Universal Business
School. His interests lie in entrepreneurship. He has work experience in
logistics industry.
Diego Campagnolo is Associate Professor of Business Organization at
the University of Padua. He is also a research fellow of the NCMM of
Ohio State University and Affiliate ICRIOS of the Bocconi University of
Milan. He is the scientific director of the MBA for entrepreneurs of
CUOA Business School. He obtained a PhD in economics and manage-
ment at the University of Padua. He has been visiting at the Ohio State
University, the Guangzhou University, and the Boston University. His
research interests include organizational design, organizational resilience,
organizational modularity, innovation in knowledge-intensive business
services, and internationalization processes of SMEs. He has been the
Italian principal investigator of the European research project sponsored
by JP Morgan Chase Foundation “Business Resilience Among
Notes on Contributors ix
Disadvantaged Groups: A European Study” in cooperation with the
Enterprise Research Centre, UK. His work has been published in
International Journal of Management Reviews, Industry & Innovation,
Journal of Organization Design, The IMP Journal, Global Business and
Management Research: An International Journal and other international
journals and books with international editors.
Laura Castaldi is Assistant Professor of Business Economics and
Management at the Department of Economics of University of Campania
“Luigi Vanvitelli”. She received her PhD in entrepreneurship and innova-
tion from the Second University of Naples. She was a visiting scholar in
2004 and a visiting research scholar in 2015 at the Snider Entrepreneurial
Research Center, the Wharton School. She teaches innovation manage-
ment and coordinates the technology transfer activities at the Department
of Economics, University of Campania “Luigi Vanvitelli”. Her main
research areas are knowledge management, inter-o rganizational collabo-
rations, growth dynamics of firms operating in innovative industries,
entrepreneurship and firm creation, entrepreneurship education, digitali-
zation, and servitization.
Teresa Cerchiello is a PhD student in Entrepreneurship and Innovation
in the Department of Economics of the University of Campania “Luigi
Vanvitelli”. Since 2018 she has been collaborating with the chairs of eco-
nomics and business management and business-market relations of Prof.
Clelia Mazzoni and with the chair of economics and innovation manage-
ment of Prof. Laura Castaldi at the Department of Economics of the
University of Campania “Luigi Vanvitelli”. She is an appreciator of the
subject in economics and business management and economics and
innovation management. Her main research fields are “digital technology
entrepreneurship” and “e-mobility”. She is the author of several papers on
these issues presented at different conferences in Europe, including Italy.
Panagiotis E. Dimitropoulos is a faculty member of the Department
of Sport Organization and Management, University of Peloponnese. He
has a PhD in Economics from Hellenic Open University, and an MA in
Banking and Finance from Bangor University. He has taught sport finan-
cial management and investments for several years at undergraduate and