Terrorism And International Business Research - 1130 Words

Sadly, terrorism permeates everyday society, and the intensifying impact of terrorism on international business is a global phenomenon with heightening implications for both theory and practice. This research paper is a novel exploratory study of how international businesses apply past terrorism exposure and experience from operating in risky locations to create organizational preparedness and performance resilience to endure future terrorist attacks. The unique firm level research provides a theoretical contribution by building upon n the literature calling from Vogus and Sutcliffe, (2007) for developing a theory of organizational resilience which would enhance understanding and insights into how resilient organizations rebound faster from disastrous disruptions than less pliable organizations (Vogus Sutcliffe, 2007; Jain Grosse, 2009). A significant academic contribution is addressing a specific research gap identified by leading scholars (Czinkota, Knight, Liesch, Steen, 2010) in the international business literature concerning the organizational preparedness of firms to deal with terrorism. Furthermore, the paper identifies business continuity planning as practical fundamental solution to improve organizational preparedness to terrorism and enhance performance resilience. Introduction: Terrorism International Business The increasing effect of terrorism on international business is at once a tragedy and a serious challenge to executives and researchers strugglingShow MoreRelatedTerrorism Is Very Real For Mnes Essay1233 Words   |  5 PagesSadly, terrorism permeates everyday society, and the intensifying impact of terrorism on international business is a global phenomenon with implications for both theory and practice. The research question addressed by this exploratory study is how international businesses apply past terrorism exposure and experience from operating in risky locations to create organizational preparedness and performance resilience to absorb and endure future terrorist attacks. This paper contributes to the internationalRead MoreStudy Of The Airline Industry Resilience And The Terrorist Attacks Of 9 / 111219 Words   |  5 Pagesrelationships that could influence the dependent variable of performance resilience. Data Analysis The research method relies upon the general methodological framework used by Gittell et al. (2006) in the study of the airlines industry resilience to the terrorist attacks of 9/11. This exploratory archival data analysis employs quantitative statistical techniques from the terrorism and international business literature stream. Initially, correlation analysis between the operationalized independent variablesRead MoreThe Business Continuity Plan For A Dummy Variable1461 Words   |  6 PagesThe Business Continuity Plan mediating variable represents the existence or non-existence of an established Disaster Recovery or Business Continuity Plan from Mergent Online (2016). The Business Continuity Plan is operationalized by a dummy variable. The MNEs used in the Business Continuity Plan mediating variable are same MNEs identified for the Terrorism Exposure and Breadth of Experience in High-Risk Countries independent variables. The Erosion variable operationalizes the negative moderatingRead MoreThe Impact Of Terrorism On International Business1268 Words   |  6 PagesOur paper explores the interesting phenomena of terrorism on international business. Grounded in the grave reality of terrorism and the international business literature, our research conceptualizes this compelling topic into a practical model worthy of future research. Unfortunately, the current data does not provide statistical evidence to support the unique firm level predictions from the conceptual model. However, our exploratory research leads us to believe that the lack of sensitivity in ourRead MoreA Second Stream Of Management Research On Terrorism1460 Words   |  6 Pagesof management research on terrorism has explored firm readiness and the performance impact of such preparation. In particular, several authors have examined the relationship between business continuity planning and the mitigation of the impact from unanticipated d isasters such as terrorism (Cerullo Cerullo, 2004; Zsidisin, Melnyk, Ragatz, 2005). According to Cerullo and Cerrullo (2004), there is clear evidence from past catastrophes that international businesses without business continuity plansRead MoreThe Open Source Global Terrorism Database1451 Words   |  6 PagesThe primary source of data is the open source Global Terrorism Database (2015) known as the GTD and maintained by the National Consortium for the Study of Terrorism and Responses to Terrorism (START). START is a Department of Homeland Security Center of Excellence at the University of Maryland that has been tasked by the Department of State to collect statistical data on terrorism in support of the annual Country Reports on Terrorism. GTD (2015), accompanied by an instructive codebook, contains 141Read MoreThe Economic Loss Of Terrorism1666 Words   |  7 Pagesimpact of terrorism, but do not fully account for intangible losses. Finally, the third category of measurement o f impact is utility loss, often used in human resource journal articles concerning terrorism. The utility loss category captures the qualitative indirect and intangible losses of terrorism, such as well-being and emotional impact. For this study, we use the cumulative number of terrorist incidents to measure a firm’s prior exposure to terrorism. We obtain data on terrorism from the open-sourceRead MoreMetropolis Terrorism Incident Preparedness Strategy1343 Words   |  6 PagesMetropolis Terrorism Incident Preparedness Strategy The constantly changing nature of terrorism mandates that Metropolis continues to press forward to develop a vision and strategy that defines their terrorism preparedness objectives. Employing insight and identifying eight risk areas, Metropolis has developed this terrorism incident preparedness plan. The intent of this document is to provide Metropolis guidance and cohesion to support agencies during a terrorist event using reactionary and resiliencyRead MoreCategorization Of The Global Terrorism Database ( 2015 )1683 Words   |  7 PagesTable 4. When necessary, we augmented the GTD data with terrorism data collected in the RAND Database of Worldwide Terrorism Incidents, a compilation of 40,000 incidents of terrorism coded and detailed from 1968 to 2009 (RAND, 2015). Finally, we gather industry and firm-level survey data from academic journals and public entities including insurance providers. Table 4 Categorization of the Global Terrorism Database (2015) Category Global Terrorism Database Fields GTD ID # Date Event IdentificationRead MoreTerrorism Is A Growing Real World Situation2080 Words   |  9 PagesTerrorism is a growing real world situation which is having a deepening impact on many facets of international business. A Gallup Survey of December 2015, that followed the terrorist attacks in Paris and San Bernardino, California, named terrorism as the top problem confronting Americans (Gallup.com, 2015). Annual terrorism statistics from United States (US) Department of State (state.gov, 2015), which are required by law, show businesses were targeted 1127 times in the year 2014, the 4th highest