When Disaster Strikes! An Interdisciplinary Review of Disasters and Their Organizational Consequences

Author:

Gregg Heath R.1ORCID,Restubog Simon Lloyd2,Dasborough Marie1,Xu Changmeng (Melody)3,Deen Catherine Midel4,He Yaqing

Affiliation:

1. University of Miami

2. University of Illinois at Urbana-Champaign The University of Queensland

3. Dongbei University of Finance & Economics

4. RMIT University

Abstract

Disasters (e.g., natural catastrophes, pandemics/epidemics, mass violence events, and human/technological errors) are becoming increasingly common due to factors such as growing population density and accelerated climate change. Exposure to any type of disaster is damaging for both individuals and organizations. Disasters deprive individuals of their livelihoods, alter how employees perform their work, and harm individual well-being. For organizations, disasters compromise functioning and profitability, often resulting in organizational failure. As a result, there is growing interest in research linking disaster events to the workplace. Based on an analysis of 260 disaster articles, we offer a comprehensive, systematic, interdisciplinary review of the disaster literature with organizational implications. Employing a resource-based perspective, embedded within an ecological systems framework, we suggest that disaster exposure depletes (or prompts investment of) individual, team, and organizational resources and subsequently impacts organizational outcomes. This theoretical framework can be used to identify the critical research gaps that exist in the literature and offers a promising agenda for future research.

Publisher

SAGE Publications

Subject

Strategy and Management,Finance

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