Understanding organizational resilience: A cross-country analysis of factors influencing organizational mortality
DOI:
https://doi.org/10.15549/jeecar.v11i5.1491Keywords:
cross-country analysis, organizational mortality, organizational resilience, morphological factors, social factors, economic factors, organizational factors, organizational ecologyAbstract
This study delves into organizational resilience by investigating the factors contributing to organizational mortality, with a focus on the interplay between internal (endogenous) and external (exogenous) influences. Drawing on concepts from organizational ecology, the research seeks to provide a clearer understanding of how these factors impact the survival and adaptability of organizations. The study employs advanced techniques such as data mining, multiple linear regression, and Multivariate Adaptive Regression Splines (MARSplines) to analyze both stimulators and inhibitors of organizational mortality. The findings reveal that internal factors, particularly organizational size, significantly increase mortality risks. This research offers a holistic approach by integrating insights from organizational ecology, finance, and management, providing a comprehensive view of how various factors interact to influence organizational resilience. It highlights the importance of understanding the non-linear and dynamic relationships between these factors over time, offering valuable insights for managers and strategists who aim to strengthen organizational survival. While the findings offer important implications, further research is recommended to validate the results and deepen our understanding of organizational mortality and resilience dynamics.
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