The Antecedents and Outcomes of Firm Resilience in the VUCA Context
This paper proposes an integrated framework for the mechanism of organizational resilience,focusing on three main research questions:How to integrate the antecedents,processes,and outcomes of resilience into a theoretical framework?What is the relationship between corporate resilience and growth from a long-term perspective?What contingency factors influence the relationship between corporate resilience and growth?To address these questions,the study selects 18 high-resilience companies and 36 control group companies as research samples.It analyzes the key factors influencing corporate resilience from a systemic perspective,reveals the mechanisms through which resilience operates,and examines the impact of resilience capabilities on corporate growth from a contingency perspective.The findings indicate that maintaining appropriate redundant resources,diversifying operations around core competencies,sustaining high investment in innovation,and establishing long-term reciprocal relationships with stakeholders such as employees,customers,and investors can effectively enhance corporate resilience.Furthermore,environmental uncertainty and Market competition intensity positively moderate the positive relationship between resilience and corporate growth.This study offers practical implications for managers seeking sustainable development through developing firm resilience.