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Firm Governance and Organizational Resiliency in a Crisis Context: A Case Study of a Small Research-based Venture Enterprise

Author

Listed:
  • Alidou Ouedraogo

    (Université de Moncton)

  • Michel Boyer

    (UdeS - Université de Sherbrooke, IAE La Réunion - Institut d'Administration des Entreprises - La Réunion - UR - Université de La Réunion, CEMOI - Centre d'Économie et de Management de l'Océan Indien - UR - Université de La Réunion)

Abstract

Very small companies that are derived from research projects face numerous crises throughout their lifetimes. These crises are presented in the literature as negative setback situations for the growth of these companies. However, some recent studies emphasize the role that a crisis can play as an agent of change by undergoing a thorough analysis of what transpired and proposing new avenues to avoid repeating such errors. This new approach to crisis management suggests that the crisis period be considered as an outstanding opportunity to learn, along with organizational resilience. Our study is part of this new approach towards crisis management and seeks to study the impact of crisis management on the resiliency of very small research-based company. The results show that a process of learning and resiliency transpires during the post-crisis period and represents three types of governance: financial, managerial and strategic.

Suggested Citation

  • Alidou Ouedraogo & Michel Boyer, 2012. "Firm Governance and Organizational Resiliency in a Crisis Context: A Case Study of a Small Research-based Venture Enterprise," Post-Print hal-01243447, HAL.
    • Handle: RePEc:hal:journl:hal-01243447
    DOI: 10.5539/ibr.v5n12p202
    Note: View the original document on HAL open archive server: https://hal.univ-reunion.fr/hal-01243447
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    References listed on IDEAS

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    Cited by:

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    2. Yingqi Liu & Ruijun Chen & Fei Zhou & Shuang Zhang & Juan Wang, 2021. "Analysis of the Influencing Factors of Organizational Resilience in the ISM Framework: An Exploratory Study Based on Multiple Cases," Sustainability, MDPI, vol. 13(23), pages 1-24, December.

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