COVID19 research: Krisehåndtering i danske virksomheder
Niels Bohr Professor Morten Bennedsen has received a grant from The Independent Research Foundation Denmark and a grant from The Danish Industry Foundation (GenstartNU) to investigate the consequences of the corona crisis on Danish firms.
The project objectives
Beyond being a major health crisis, the corona crisis is the largest negative shock we have seen to business the last 100 years. We map the consequence through a 2 part survey send out to all active firms in Denmark with 3+ employees. We map impact on employment, estimates of business survival depending on the length of the crisis, business liquidity, financial challenges, and the use and effect of government programs aimed at supporting business during the crisis.
Our first contribution is to map these consequences and provide a platform to which we can understand how severe the situation is and what business can do to minimize the cost.
Our second contribution is to combine the survey with register data to investigate what characterize resilient firms: How firm organization, firm type, management practice and leadership style interact with business performance during crisis.
Our third contribution is to evaluate the use and effectiveness of government programs to help business during crisis. Beyond being a major health crisis, the corona crisis is the largest negative shock we have seen to business the last 100 years.
Morten Bennedsen, Niels Bohr Professor, Department of Economics, University of Copenhagen
Frederik Plum Hauschultz, Postdoc , Department of Economics, University of Copenhagen
Daniela Scur, Assistant Professor, Dyson School of Applied Economics and Management at Cornell University
Birthe Larsen, Assistant Professor, Copenhagen Business School
Ian M. Schmutte, Assistant Professor, Terry College of Business, University of Georgia