Unleashing the financial aspect of Covid-19: How organizations managed the crisis?

Roohi Mumtaz, Umar Nawaz Kayani, Ahmet Faruk Aysan, Syed Shahwar Hasan, Umer Iqbal

Research output: Contribution to journalArticlepeer-review


Globally the COVID-19 pandemic has had a significant impact on both individuals and organizations. Challenges on the financial, psychological, and physical levels have been felt, especially in the business sector. The purpose of this research is to examine how COVID-19 has financially affected firms in Pakistan and the United States. In order to do this, surveys and interviews with experts in various business disciplines were carried out to utilize convenience and snowball sampling techniques. Partial least squares (Smart PLS) statistical analysis employing structural equation modeling was used in the research. The results showed that COVID-19 greatly impacted the workers’ financial and psychological health. The research also demonstrated that moderators were crucial in lessening the pandemic’s effects. Discussion in this research also includes the study’s ramifications and practical implications.

Original languageEnglish
Article number2257919
JournalCogent Social Sciences
Issue number2
Publication statusPublished - 14 Sept 2023

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© 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.


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