The impact of COVID-19 and the Russian-Ukrainian conflict on the organisations studied

Authors

DOI:

https://doi.org/10.14267/VEZTUD.2024.03.02

Keywords:

crises, COVID-19, Russian-Ukrainian war, organisations

Abstract

In the last three years, the way the world works has changed more than in all the previous decades combined. The changes in market processes and systems have clearly been driven by two dominant phenomena: the pandemic crisis caused by COVID-19 and the Russian-Ukrainian conflict. These two world events have changed fundamental norms, which has forced organisations to change their strategies. The question is: what are the organisations in question really planning? What is influencing their reactions? The aim of the authors’ publication is to show how organisations were thinking in the early stages of the two crises, and whether they are able to assess the expected impact and plan the appropriate measures. Their empirical research found that micro-enterprises tend to project their pessimism on the whole economy. Also, their services are less dependent on supply chain resilience. Furthermore, their various war-induced measures were related to their past external relations.

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Author Biographies

Zsolt Kőmüves, Hungarian University of Agriculture and Life Sciences

associate professor

Virág Walter, Hungarian University of Agriculture and Life Sciences

associate professor

Gábor Szabó-Szentgróti, University of Győr; Hungarian University of Agriculture and Life Sciences

associate professor

Krisztina Dajnoki, University of Debrecen

professor

Botond Kálmán, Kodolányi János University

assistant professor

Arnold Tóth, Budapest Business University

associate professor

Szilvia Módosné Szalai, University of Győr

assistant lecturer

József Poór, J. Selye University

professor

Beáta Pató Gáborné Szűcs, Eötvös Loránd University

associate professor

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Published

2024-03-14

How to Cite

Kőmüves, Z., Walter, V., Szabó-Szentgróti, G., Dajnoki, K., Kálmán, B., Tóth, A., … Pató Gáborné Szűcs, B. (2024). The impact of COVID-19 and the Russian-Ukrainian conflict on the organisations studied. Vezetéstudomány Budapest Management Review, 55(3), 14–28. https://doi.org/10.14267/VEZTUD.2024.03.02

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