محمود عبد الرحمن كامل محمود
أستاذ مساعد
Do Firm Resources Affect Operating and Financial Efficiency in the COVID-19 Pandemic? Evidence from Egyptian Listed Tourism Companies
Journal of Quality Assurance in Hospitality & Tourism • 2024
معلومات البحث
المؤلفون
Mahmoud Abdelrahman Kamel
الكلمات المفتاحية
Operational efficiency; financial efficiency; Firm resources; COVID-19
المجلة العلمية
Journal of Quality Assurance in Hospitality & Tourism
الناشر
Taylor & Francis
المجلد
25
العدد
4
الصفحات
830-873
publication.type
International
رابط البحث
Open Link
المواد المرفقة
Not Available
الملخص
The tourism sector is one of the economic sectors most affected by the COVID-19 pandemic. Accordingly, this study aims to explore the impact of this pandemic on the operational and financial performance of tourism-listed companies on the Egyptian Exchange. For that purpose, the efficiency of these companies is evaluated using DEAW and SBM-DEA models, besides investigating their determinants from internal and external resources using dynamic panel data regression. The empirical results exhibited that company resources, such as operating expenses and employee costs, negatively impact their financial and operational efficiency. While total assets did not affect the financial efficiency of companies. Also, operational and financial efficiency are positively affected by the total operating income and sales revenues during this pandemic. Interestingly, the results showed that the COVID-19 pandemic does not impact both types of efficiency for companies operating in this sector. The study provided some managerial insights and empirical evidence that may help companies, policymakers, and investors to confront the repercussions of this pandemic and aftermaths.
