Dimensions of Business Resilience in the Context of Post-Disaster Recovery in Davao City, Philippines
31 Pages Posted: 2 Nov 2016 Last revised: 7 Nov 2016
Date Written: June 17, 2015
Abstract
This study determined the dimensions of business resilience in the context of post-disaster recovery among business establishments in Davao City and developed a post-disaster business resilience and recovery framework based on the findings. Descriptive method was used to characterize or describe the factors or attributes of business resilience of businesses, while multivariate analysis via exploratory factor analysis discovered and determined the underlying factor structure in various analysis and techniques. The survey questionnaire was administered to 392 respondents who are proprietors and managers of businesses that were affected by the highest water level rise (flashflood) recorded and experienced by the city last June 28, 2011.
The exploratory factor analysis yielded five (5) valid dimensions of business resilience in the context of post-disaster recovery in the case of Davao City. These five factors are labelled as (a) institutional control, (b) planning and preparedness, (c) philosophy and integrity, (d) external support and linkages, and (e) communication and media. These five dimensions are the components that typify a realistic business resilience model that would benefit the businesses concerned in withstanding the future onslaughts of disasters.
Keywords: business resilience, exploratory factor analysis, post-disaster context
JEL Classification: O1, L00, M00
Suggested Citation: Suggested Citation