Preparation of small to medium-sized enterprises to earthquake disaster
Item
Title (Dublin Core)
en-US
Preparation of small to medium-sized enterprises to earthquake disaster
Description (Dublin Core)
en-US
Small to Medium-sized Enterprises (SMEs) are often vulnerable to the adversities caused by major earthquake events, which may include business disruption, damage to goods and property, impaired employee health and safety, financial strain and loss of revenue, or even total loss of the business. SMEs are expected to make critical decisions to prepare their businesses for an earthquake, in an attempt to ensure business continuity and the wellbeing of their employees, should a disaster occur. This study was conducted five years after the devastating Canterbury earthquakes and sought to examine the level of earthquake preparedness of SMEs by investigating the actions undertaken in two different suburban locations having differing seismicity. The extent of preparedness was assessed based on a list of twenty-one possible actions grouped into four categories being knowledge enrichment, insurance and business continuity, survival support actions, and seismic damage mitigation. The assessment involved a survey with an online questionnaire. Analysis of the collected data revealed a specific adoption pattern in the regions of study. The main preparedness action adopted by SMEs was the purchase of business insurance with the development of continuity plans. The least obtained preparedness action was related to survival support actions such as maintaining necessary emergency supplies. The overall adoption rate of the preparedness actions was less than 30%, with no significant difference between the regions studied, and close to 50% of SMEs having adopted less than five preparedness actions. This situation clearly requires urgent attention from all stakeholders involved in SMEs resilience before an earthquake disaster hits the regions.
Creator (Dublin Core)
Egbelakin, Temitope
Poshdar, Mani
Walsh, Kevin Q.
Ingham, Jason
Johnston, David
Becker, Julia
Mbachu, Jasper
Rasheed, Eziaku
Publisher (Dublin Core)
en-US
New Zealand Society for Earthquake Engineering
Date (Dublin Core)
2018-12-31
Type (Dublin Core)
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
en-US
Article
Format (Dublin Core)
application/pdf
Identifier (Dublin Core)
https://bulletin.nzsee.org.nz/index.php/bnzsee/article/view/23
10.5459/bnzsee.51.4.171-182
Source (Dublin Core)
en-US
Bulletin of the New Zealand Society for Earthquake Engineering; Vol 51 No 4 (2018); 171-182
2324-1543
1174-9857
Language (Dublin Core)
eng
Relation (Dublin Core)
https://bulletin.nzsee.org.nz/index.php/bnzsee/article/view/23/12
Rights (Dublin Core)
en-US
Copyright (c) 2018 Temitope Egbelakin, Mani Poshdar, Kevin Q. Walsh, Jason Ingham, David Johnston, Julia Becker, Jasper Mbachu, Eziaku Rasheed
en-US
https://creativecommons.org/licenses/by/4.0
