Business owners' optimism and business performance after a natural disaster.
Previous work indicates that individuals' optimism is related to superior performance in adverse situations. This study examined correlations after flooding for measures of business recovery but found only weak support (very small common variance) for business owners' optimism scores and sales recovery. Using traditional measures of recovery, in this study was little empirical evidence that optimism would be of value in identifying businesses at risk after a natural disaster.
Bronson
James W
JW
Department of Management and Marketing, University of Wisconsin-Whitewater, USA.
Faircloth
James B
JB
Valentine
Sean R
SR
D000223:Adaptation, Psychological; D003132:Commerce; D003625:Data Collection; D004190:Disasters; D006801:Humans; D007206:Individuality; D007389:Internal-External Control; D009042:Motivation; D009658:North Dakota; D010067:Ownership; D010555:Personality Inventory; D011340:Problem Solving; D013223:Statistics as Topic