Yao Haitang, Wang Jiayang, Bo Qingwen, Li Mingliang
Business School, Qingdao University, Qingdao, China.
School of Management, Harbin Institute of Technology, Harbin, China.
Front Psychol. 2022 Jun 10;13:917337. doi: 10.3389/fpsyg.2022.917337. eCollection 2022.
Our study provides a new research perspective on firms' recovery during the COVID-19 pandemic, i.e., can similar events experienced by firms in the past have an imprinting effect on the improvement of firm's recovery? We focus on firms' Severe Acute Respiratory Syndromes (SARS) imprints. Based on four quarters of panel data of Chinese A-share listed companies in 2020, our study finds that SARS imprints are positively related to firms' recovery ability during the COVID-19 pandemic. Meanwhile, if the more severe the SARS pandemic experienced by a firm, the more significant the effect of SARS imprint on the firm's recovery ability during the COVID-19 pandemic. In addition, the higher the level of digitization of firms during the COVID-19 pandemic, the more it contributed to the enhancing effect of the SARS seal on firm recovery. Our study makes an important theoretical contribution to the recovery literature as well as to imprinting theory, while providing practical guidance for improving the recovery of firms during the COVID-19 pandemic.
我们的研究为企业在新冠疫情期间的复苏提供了一个新的研究视角,即企业过去经历的类似事件是否会对企业复苏的改善产生印记效应?我们关注企业的严重急性呼吸综合征(SARS)印记。基于2020年中国A股上市公司四个季度的面板数据,我们的研究发现,SARS印记与企业在新冠疫情期间的复苏能力呈正相关。同时,企业经历的SARS疫情越严重,SARS印记对其在新冠疫情期间复苏能力的影响就越显著。此外,在新冠疫情期间企业的数字化水平越高,就越有助于SARS印记对企业复苏的增强作用。我们的研究对复苏文献以及印记理论做出了重要的理论贡献,同时为提高企业在新冠疫情期间的复苏提供了实践指导。