Pub Date : 2021-05-25DOI: 10.1108/S1569-375920210000106014
Irem Kaptangil
The Covid-19 pandemic, which started in China and spread rapidly all over the world in a short time, can be considered as a dynamic struggle that forces all individuals and therefore organizations to act with new strategies. When considered in terms of its effects and consequences, it can even be regarded as the beginning of a new world order. In this new order, individuals who are unintentionally exposed to chaos theories and possible disaster scenarios related to Covid-19, both in their daily life and in organizational life, can make an effort to continue their lives with the increase in their anxiety levels. While this new order, which shakes the vital balance, forces individuals to struggle, the managers of the organization become a part of this struggle. In addition to the individual struggles of the employees, organizations are also in a separate struggle as providing the necessary support. In this chaos environment, it is important that the psychological health of the employees and the strategic moves of the organizations are mutually supportive in order to ensure a healthier working life. Therefore, this research was carried out with the support of current data and literature to evaluate the Covid-19 pandemic under the headings of remote work, work−family balance and the psychological reflections they cause. In this context, the changes caused by covid-19 were evaluated from the employee’s point of view, and inferences were made from the possible consequences of the situation.
{"title":"Covid-19 Pandemic: Reflections on Organizational Life and Employee Psychology","authors":"Irem Kaptangil","doi":"10.1108/S1569-375920210000106014","DOIUrl":"https://doi.org/10.1108/S1569-375920210000106014","url":null,"abstract":"The Covid-19 pandemic, which started in China and spread rapidly all over the world in a short time, can be considered as a dynamic struggle that forces all individuals and therefore organizations to act with new strategies. When considered in terms of its effects and consequences, it can even be regarded as the beginning of a new world order. In this new order, individuals who are unintentionally exposed to chaos theories and possible disaster scenarios related to Covid-19, both in their daily life and in organizational life, can make an effort to continue their lives with the increase in their anxiety levels. While this new order, which shakes the vital balance, forces individuals to struggle, the managers of the organization become a part of this struggle. In addition to the individual struggles of the employees, organizations are also in a separate struggle as providing the necessary support. In this chaos environment, it is important that the psychological health of the employees and the strategic moves of the organizations are mutually supportive in order to ensure a healthier working life. Therefore, this research was carried out with the support of current data and literature to evaluate the Covid-19 pandemic under the headings of remote work, work−family balance and the psychological reflections they cause. In this context, the changes caused by covid-19 were evaluated from the employee’s point of view, and inferences were made from the possible consequences of the situation.","PeriodicalId":132732,"journal":{"name":"Contemporary Issues in Social Science","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126452524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-05-25DOI: 10.1108/S1569-375920210000106015
M. Oğuz
On March 11, 2020, the World Health Organization declared the COVID-19 outbreak a global pandemic. The policy responses to this outbreak have caused many impacts on our daily life and economic activities around the world. Also, this outbreak has affected financial reporting practices of the firms. Thorough financial reporting in such uncertain times plays an essential role in providing qualitative financial information. It is very important for a firm to increase transparency and report on the impacts of possible risks in times of uncertainty. Furthermore, stock markets may react to COVID-19 as they have already responded to major events like disasters, news, environmental and political events. This study investigates whether and how firms’ providing information about COVID-19 pandemic in their financial reports plays a role in explaining the stock market reactions. For this, annual reports of companies included in BIST-100 index in Turkey is used to analyze the capacity for detecting risks early and determine whether there is an association between early reporting about COVID-19 and the stock risk.
{"title":"The Importance of Thorough Financial Reporting During COVID-19 Pandemic: Empirical Evidence From Borsa Istanbul","authors":"M. Oğuz","doi":"10.1108/S1569-375920210000106015","DOIUrl":"https://doi.org/10.1108/S1569-375920210000106015","url":null,"abstract":"On March 11, 2020, the World Health Organization declared the COVID-19 outbreak a global pandemic. The policy responses to this outbreak have caused many impacts on our daily life and economic activities around the world. Also, this outbreak has affected financial reporting practices of the firms. Thorough financial reporting in such uncertain times plays an essential role in providing qualitative financial information. It is very important for a firm to increase transparency and report on the impacts of possible risks in times of uncertainty. Furthermore, stock markets may react to COVID-19 as they have already responded to major events like disasters, news, environmental and political events. This study investigates whether and how firms’ providing information about COVID-19 pandemic in their financial reports plays a role in explaining the stock market reactions. For this, annual reports of companies included in BIST-100 index in Turkey is used to analyze the capacity for detecting risks early and determine whether there is an association between early reporting about COVID-19 and the stock risk.","PeriodicalId":132732,"journal":{"name":"Contemporary Issues in Social Science","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129384050","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1108/s1569-375920210000106024
{"title":"Index","authors":"","doi":"10.1108/s1569-375920210000106024","DOIUrl":"https://doi.org/10.1108/s1569-375920210000106024","url":null,"abstract":"","PeriodicalId":132732,"journal":{"name":"Contemporary Issues in Social Science","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122756631","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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