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Article ; Online: The COVID-19 lessons learned for business and governance.

Eklund, Mehtap A

SN business & economics

2021  Volume 1, Issue 1, Page(s) 25

Abstract: Due to the vast number of countries that have been affected, the coronavirus (COVID-19) pandemic has brought about a devastating global financial crisis. This commentary considers the ongoing COVID-19 recession, its global economic impact, the responses ... ...

Abstract Due to the vast number of countries that have been affected, the coronavirus (COVID-19) pandemic has brought about a devastating global financial crisis. This commentary considers the ongoing COVID-19 recession, its global economic impact, the responses from governments, future projections, business and governance lessons learned so far, as well as future research prospects. In doing so, two key questions are considered: what can we draw from this unprecedented ongoing crisis so as not to experience the same scale of pandemic and recession in the future? What did we do wrong and what can be changed for good to reshape our businesses and economies? The author aims to provide key takeaways for resilient and sustainable organizations, corporate governance, and compensation systems.
Language English
Publishing date 2021-01-11
Publishing country Switzerland
Document type Editorial
ISSN 2662-9399
ISSN (online) 2662-9399
DOI 10.1007/s43546-020-00029-2
Database MEDical Literature Analysis and Retrieval System OnLINE

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