Abstract

The four articles and a book review comprising this, the first issue of Corporate and Business Strategy Review each considers an aspect of a pre-virus, business-as-usual business, and investment that will have to re-emerge largely intact if the world is to return to anything like business as usual once the virus has been debilitated or finally defeated. Looking respectively at the engagement duties of institutional investors in Italy, how the ‘corporate veil’ is able to be pierced using the South African Companies Act, magical banking and non-endogenous money, and e-commerce and portfolio allocations by Indian life insurance customers, the four articles together are a sort of rear vision mirror enabling us to look back at what the business world was like not long before the pandemic struck. They also ask us to consider what needs to be maintained, what should be altered holistically or piecemeal, and what has to be jettisoned altogether as we look forward and start imagining what the post-virus business world and a new-normal business, as usual, will look like

Highlights

  • The widespread disruption and fractures wrought by the Covid-19 pandemic have brought into sharp relief the fragility of the global systems of production, trade, and banking and finance that have been constructed over the past 20 or so years

  • It is generally acknowledged that sound risk management and its correlate business continuity planning, is an absolutely fundamental and indispensable aspect of good corporate governance, strategic management, and of public administration

  • The devastating impact that the pandemic is having on global air transport, and the tourism and adjunct industries, demonstrates beyond much doubt that the role of sound risk management in making business as usual possible has been all but forgotten not much more than 10 years out from the Global Financial Crisis

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Summary

Introduction

The widespread disruption and fractures wrought by the Covid-19 pandemic have brought into sharp relief the fragility of the global systems of production, trade, and banking and finance that have been constructed over the past 20 or so years. It is generally acknowledged that sound risk management and its correlate business continuity planning, is an absolutely fundamental and indispensable aspect of good corporate governance, strategic management, and of public administration.

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