Year: 2024
Type: article
Study design: Observational Study
Abstract: Study investigates the immediate recovery of businesses in the situation of public health crises, focusing on the interplay between health interventions and economic stabilization efforts. Data were collected from 150 business experts and academics through a detailed questionnaire. After that, the data is analyzed using SPSS, Exploratory Factor Analysis (EFA), path analysis, construct reliability analysis, Kaiser-Meyer-Olkin (KMO) and Bartlett's tests which display the connection to the business's immediate recovery. The hypotheses propose that capital issues, economic difficulties, and government support are positively correlated with rapid business recovery. Path analysis reveals significant positive correlations (P<0.001) between capital issues, economic difficulties, and government support with immediate recovery. The results indicate that capital and government support are critical to business recovery plans that are in line with public health priorities, even though capital and economic issues have a large impact on recovery.
Authors: Jainish Roy, Lalit Sachdeva, Sheetal Sachin Barekar, Sukhvinder Singh Dari, Dharmesh Dhabliya, Mukesh Patil
Institution: Kalinga University
Language: English
Topic: COVID-19 Pandemic Impacts
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402569165