Crisis Management Mechanism Research Articles

Финансовый анализ вероятности банкротства корпорации

Financial condition is the most important characteristic of the economic activity of business entities. Therefor in domestic theory and practice there is a search for methods and models that make it possible to predict the bankruptcy of organizations with sufficient accuracy. The article discusses the methods used in the practice of economic entities of the Russian Federation for assessing the likelihood of bankruptcy. As an innovation, an innovative crisis management mechanism is proposed — an autogenic crisis and its practical tool based on stress testing of enterprises in the real sector of the economy. To effectively manage crisis situations, it is recommended to develop a Federal Auditing Standard with a unified set of indicators that allow assessing the likelihood of insolvency (bankruptcy) of the audited organizations. In addition to financial indicators, it is proposed to include in the set of such indicators reflecting the operational and investment activities of business entities.

Reforming the common security and defense policy in the long term, considering the threat from Russia

This article analyzes the need to reform the Common Security and Defense Policy of the European Union in the long term, with a particular focus on the threat, posed by the russian federation. The growth of russia's aggressiveness and foreign policy ambitions creates the need to strengthen and adapt the security and defense policy of the European Union. A number of decisions, adopted by the European Union as a countermeasure to russian aggression against Ukraine, are analyzed. The article also examines the reasons that led to the need for institutional reform and key aspects of it, including the strengthening of the Union's military capabilities, the development of the cyber security sector and the expansion of cyber defense infrastructure, ensuring an increase in joint financing of the defense sector and cooperation with strategic partners. The importance and necessity of political unity and joint action among the member states of the European Union, strengthening of defense capabilities, defense cooperation, improvement of crisis management mechanisms and provision of mutual assistance between member states for effective response to threats from russia were emphasized. The article calls for intensive cooperation and coordination between the European Union and the North Atlantic Treaty Organization, as well as for strengthening external partnerships with countries that share common values and have common security interests in the implementation of joint projects and programs in the field of security and defense to ensure stability and security in the region. Reforming the Common Security and Defense Policy is a key factor in ensuring Europe's collective security in the medium and long term, taking into account the needs and challenges of the modern geopolitical environment, and through joint action, the European Union can act as a united front in security solutions and international cooperation

INNOVATIVE BUSINESS MODEL FOR FOOD INDUSTRY ENTERPRISES OPERATING IN CONDITIONS OF GLOBAL DESTRUCTIVE PROCESSES IN THE ECONOMY

This research presents the development of strategic management foundations and crisis management mechanisms within the entrepreneurial structures of the food industry, including methods for overcoming crisis phenomena and ways of adapting to changing market conditions. This involves examining the impact of economic crises on entrepreneurial activity and developing effective anti-crisis management strategies that contribute to the preservation and development of economic stability under new conditions, taking into account innovative approaches in the economy. The study aims to identify key elements that should be integrated into business models to enhance their resilience to external shocks and market environment changes. Special attention is given to analyzing the role of innovation, digital transformation, and social responsibility in forming sustainable and adaptive business strategies capable of withstanding the challenges of global economic instability. An important aspect is the examination of enterprise behavior in response to potential types of threats to its economic activity, the risk of which increases during economic crisis periods. The process of implementing effective crisis management methods for food industry enterprises, facilitating early detection and neutralization of potential risks, is considered as a key factor in maintaining operational flexibility and strategic adaptability. This provides enterprises with the necessary foundation for making timely decisions, preventing losses, and seizing new market opportunities, which in turn contributes to strengthening their competitive positions in the long-term perspective. The implementation of these methods forms the basis for constructing an innovative business model for the operation of food industry enterprises in conditions of global destructive processes in the economy, taking into account the identification of key elements that should be integrated into the business model to enhance the resilience of the economic activity of the aforementioned entities under these conditions.

China's crisis management and market exit mechanism for banks—What is the way forward?

AbstractAs China's crisis management and market exit mechanism for banks (CMME mechanism) is still at an early stage of development, the legislation governing the mechanism is far from sufficient or satisfactory. With the aim of exploring how the holistic framework of China's CMME mechanism can be improved, this article systemically examines the mechanism from the perspectives of the major procedural components and the specially designed funding sources. Based on the analysis, three major types of weaknesses in the current mechanism are pointed out: ‘missing elements’, ‘unfit elements’ and ‘uncoordinated elements’. To be specific, some essential elements are missing from the current mechanism; some elements in the mechanism are unfit when applied to banks; and some elements are uncoordinated with each other within the mechanism. It is necessary that an overhaul of the mechanism be carried out to address these weaknesses. In addition, given that governments' involvement was demonstrated to be helpful in resolving bank crises in past cases, it would be better to institutionalise this experience in the CMME mechanism. Only with a well‐crafted CMME mechanism can bank crises be resolved in an orderly, effective and efficient manner.

CONFLICT MANAGEMENT AND NATIONAL SECURITY IN NIGERIA: JOS CRISIS ASSESSMENT

The security challenges in Nigeria informed this study titled “Conflict Management and National Security in Nigeria: Jos Crisis in View”. The study examined the effect of Jos crisis management mechanism on national security in Nigeria. The research works methodology adopted descriptive and Field survey method for collection data from primary and secondary sources, through unstructured interviews and archival materials respectively. Data collected were analyzed qualitatively and quantitatively using descriptive statistics like frequency and percentage which were presented with the aids of tables and charts. The paper work established that there is a direct, strong and sufficient relationship between conflict management and national security in Nigeria. It also revealed that there are some challenges militating against the management of Jos crisis to enhance national security in Nigeria. Some of the identified challenges include poor crisis monitoring and intelligence gathering, insufficient public support and poor governance. Others are logistic constrain and non-implementation of Commission of Inquiry reports. The prospects identified were; media parley, re-constituted plateau state inter-religious council for peace and harmony and re-structured operation SAFE HAVEN and Operation RAINBOW.

Highlights of the 2022 Amendment to the Taiwan Mental Health Act

Abstract Background: Each country has each mental health act (MHA), which usually responds to the need of the society. Without exception, Taiwan has been through the enacting and amending the MHA since 1990. Methods: In the review, the authors intend to recount and to describe enacted or amended MHA in Taiwan. They are focusing on 2022 amendment to the MHA in Taiwan. Results: In Taiwan, the MHA with 52 articles was enacted in 1990, aiming at preventing and treating mental illnesses, safeguarding patient rights, promoting patient welfare, enhancing national mental health, as well as maintaining social harmony and tranquility. After several minor amendments, a significant revision took place in 2007. Since 2007, the focus of amendment to MHA was shifted from originally preventing and treating mental illnesses and protecting patient rights, to the addition of avoiding the stigmatization of mental illnesses. The goal of maintaining social harmony and tranquility was removed, but support and assistance for patients in community living were emphasized. The United Nations’ “Convention on the Rights of Persons with Disabilities” (CRPD), announced in 2006, serves as a crucial benchmark for the protection of the rights of persons with disabilities internationally. Taiwan’s implementation law for the CRPD was promulgated in 2014. According to the spirit of the CRPD, the 2022 Amendment to the MHA in Taiwan is intended to enhance the protection of the rights of patients with mental illnesses, to strengthen community support for patients, and to assist them in achieving equal living with others. The 2022 amended MHA in Taiwan comprises seven chapters and 91 articles, with key focuses on (a) promoting mental health, (b) establishing community mental health centers and diverse community support, (c) improving patient assistance and front-end prevention, strengthening patient reporting, and establishing crisis management mechanisms, (d) changing the approach to mandatory hospitalization treatment to involve judicial reservation, and (e) safeguarding patient rights, prioritizing criminal proceedings in cases of homicide and injury, and preventing stigmatization. Conclusion: The 2022 Amendment to the MHA in Taiwan is dedicated to more comprehensively caring for individuals with mental illnesses when concurrently safeguarding their rights, aligning with the modern societal emphasis on mental and physical health.

BUILDING POWER AND TRUST

This paper falls within a conjunction of translation studies, crisis communication, and social media communication. It sheds light on the critical role of translation in crisis management, with a focus on how the aforementioned elements of scrutiny converge and collaborate in the milieu of the outraging global pandemic. Likewise, the paper seeks to reveal the way translating information and information exchange enhances public trust. Therefore, it emphasizes how discourse can heavily contribute to building trust during a global health emergency and how translation can offer power to the source language/culture by relocating its emanating knowledge to the rest of the world. Likewise, the paper seeks to discuss the way translating information and information exchange enhances public trust. The present paper is a qualitative study that recovers data from selected translated discourses imparted by organizations as well as a questionnaire inquiring about the communicative content disseminated through social media networks during the COVID-19 pandemic. The article scrutinizes the data in terms of content, based on communication content analysis to shed light on how translation could be a powerful tool of relocating meaning production in establishing trust and the extent to which social media is effective as a crisis management mechanism. The further aim of this study is to demonstrate how internet communities and networking technologies can influence deep-rooted forms of communication adopted by governments and the way social media dynamics enhance or undermine the information-translation process at times of crisis. The preliminary data, contrary to what has been assumed, shows that non-expert reactions, attitudes, feelings, experiences, and trends are transmitted via social media and algorithmically analyzed, influencing the information cycle in real time. The networked-translation paradigm focuses less on a one-to-many communication style that uses language, context, and reasoning to persuade receivers and more on a many-to-many communication style that uses audiovisual means to mobilize crowds. (Van Dijck & Alinejad, 2020)

EU Customs Reform: A Bridge Over Troubled Waters and Towards Sanctions Harmonization?

This article begins by examining the crisis management system implemented through the EU Customs Reform. It specifically delves into the factors that prompted the Commission to create this mechanism. The paper then scrutinizes the system from both a legal and practical standpoint, assessing its potential to enable a unified response from the Customs Union when addressing the challenges identified by the proposal. Furthermore, the article discusses the Commission's renewed effort to harmonize customs enforcement within the EU. It investigates the reasons behind this proposal and subsequently evaluates the suggested provisions and their potential impacts, before ending the article with a conclusion. EU Customs Reform, criminal and non-criminal sanctions, harmonization, enforcement, legal basis, crisis management mechanism, EU Data Hub, EU Customs Authority

Public opinion risk management strategy from the perspective of financial technology

With the rise of the information age and the popularity of the Internet, financial technology enterprises are facing the challenge from the risk of public opinion. Public opinion risk management strategies in the field of financial technology include monitoring and early warning, establishing crisis management mechanism, strengthening communication and interaction, risk assessment and control, and compliance legal risk management. Negative news can spread in an instant and have a serious impact on corporate reputation, and background factors such as changing user demand, strengthening government supervision, fierce market competition and increasing public attention further aggravate this risk. Therefore, this paper puts forward that financial technology enterprises need to establish effective public opinion risk management strategies, including monitoring and early warning, establishing crisis management mechanism, strengthening communication and interaction, conducting risk assessment and control, and complying with legal risk management, so as to protect the reputation and interests of enterprises and realize sustainable development.

National security in presidential time: The politics of the National Security Council

AbstractThe National Security Council (NSC) is the preeminent national security feature of the modern U.S. presidency. The NSC is the president's council, but presidents have varied dramatically in how frequently they have convened formal meetings of the NSC since the NSC system was created in 1947. Under what conditions are presidents likely to hold NSC meetings? I argue that presidents are pragmatic about when to engage personally in national security affairs and that presidents are incentivized to conduct NSC meetings more frequently early in a presidency. Using a novel data set of all NSC meetings from 1947 to 1993, I find that presidents are likely to hold NSC meetings most frequently in the first year of office and that NSC meeting frequency is likely to decline substantially over a president's first 3 years in office, even after controlling for important international security conditions and domestic political factors previously thought to influence presidential national security behavior. The results affirm prior scholars' description of the NSC as a presidential mechanism for international crisis management but also suggest that time in office is an important determinant of presidential national security behavior.

Analysis and Recommendations for Community E-commerce Word-of-Mouth Marketing Strategies Based on Trust Theory

Based on the perspective of trust theory, this paper conducts in-depth research and analysis on the word-of-mouth marketing strategy of community e-commerce. In the course of the research, the basic concepts of trust theory and the characteristics of community e-commerce are sorted out, and the importance of word-of-mouth marketing in community e-commerce is clarified. The research results show that the success of community e-commerce word-of-mouth marketing is closely related to users' trust in the platform. Community e-commerce word-of-mouth marketing has challenges to the authenticity of word-of-mouth, the proliferation of false word-of-mouth, and the response to public opinion crises. In order to solve these problems , through the implementation of strategies such as strengthening the monitoring and management of user evaluations, establishing a true and credible word-of-mouth communication mechanism, strengthening the identification and prevention of false word-of-mouth, and establishing a crisis management mechanism to respond to public opinion crises in a timely manner, these strategies will help improve community e-commerce The effect of word-of-mouth marketing and users' trust in the platform will promote the innovation and sustainable development of the community e-commerce industry.

THE IMPORTANCE OF HEDGING IN FINANCIAL ACCOUNTING

The purpose of the study is that in the financial market, in addition to the money market, there are markets for the purchase and sale of assets in future periods. However, the parties to such contracts have the right or obligation to sell or purchase a financial asset at a fixed price on a fixed date. Such contracts are called derivative financial instruments, since it is believed that the contract price is directly related to the change in the price of the underlying asset. Derivative financial instruments help not only to fix future prices, but also to insure against unfavorable exchange rate volatility. To fulfill the latter function, the country's economy must have a market of derivative financial instruments and a market of underlying assets.Methodology. The methodological basis of the research is the dialectical method of cognition. In the process of research, both general scientific methods (analysis, synthesis, deduction, classification, systematic approach) and special methodological techniques (accounting and tax accounting) are used.Originality / value of the research. In the conditions of instability of the world economy, the accounting of derivative financial instruments as a mechanism of crisis management and regulation in the country, stabilization of the efficiency of business portfolios of economic entities occupies an important place. The practical significance of this scientific article, designed to reflect the specifics of the organization of accounting for financial instruments in the financial risk management system of business owners in an unstable financial crisis, is considered to be quite high.Therefore, in this scientific article we will give a description of theoretical scientific and practical approaches to the peculiarities of accounting for financial instruments.Findings. The article reflects the methods of regulation of accounting for derivative financial instruments through the standards of IFRS 32 «Financial Instruments: provision of information», IFRS 7 «Financial instruments: disclosure of information», IFRS 9 «Financial Instruments». Based on the data, the essence of hedging will be reflected in the accounting and reporting system.

Translating Research Evidence Into Marketplace Application: Cohort Study of Internet-Based Intervention Platforms for Perinatal Depression.

Internet-based intervention platforms may improve access to mental health care for women with perinatal depression (PND). Though the majority of platforms in the market lack an evidence base, a small number of them are supported by research evidence. This study aims to assess the current status of internet-based PND intervention platforms supported by published evidence, understand the reasons behind the disappearance of any of these previously accessible platforms, examine adjustments made by those active platforms between research trials and market implementation, and evaluate their current quality. A cohort of internet-based PND intervention platforms was first identified by systematic searches in multiple academic databases from database inception until March 26, 2021. We searched on the World Wide Web and the iOS and Android app stores to assess which of these were available in the marketplace between April and May 2021. The basic characteristics of all platforms were collected. For inaccessible platforms, inquiries were made via email to the authors of publications to determine the reasons for their unavailability. We compared the intervention-related information of accessible platforms in the marketplace with that reported in original publications and conducted quality assessments using the App Evaluation Model of the American Psychiatric Association. Fisher exact tests were used to compare the functional characteristics in publications of available and unavailable platforms and to investigate potential associations between functional adjustments or quality indices and platform survival time. Out of 35 platforms supported by research evidence, only 19 (54%) were still accessible in the marketplace. The main reason for platforms disappearing was the termination of research projects. No statistically significant differences were found in functional characteristics between available and unavailable platforms. A total of 18 (95%) platforms adapted their core functions from what was reported in related publications. The adjustments included changes to intervention methods (11/19, 58%), target population (10/19, 53%), human resources for intervention support (9/19, 47%), mood assessment and monitoring (8/19, 42%), communication modality (4/19, 21%), and platform type (2/19, 11%). Quality issues across platforms included low frequency of update, lack of crisis management mechanism, poor user interactivity, and weak evidence base or absence of citation of supporting evidence. Platforms that survived longer than 10 years had a higher tendency to use external resources from third parties compared to those that survived less than 10 years (P=.04). No significant differences were found for functional adjustments or other quality indices. Internet-based platforms supported by evidence were not effectively translated into real-world practice. It is unclear if adjustments to accessible platforms made during actual operation may undermine the proven validity of the original research. Future research to explore the reasons behind the success of the implementation of evidence-based platforms in the marketplace is warranted.

Analytical aspects of anti-crisis measures of public administration

The study of crises is one of the most important areas of economic science. Sanctions against Russia in 2022 have led to significant functional and structural shifts in the national economy. Effective anti-crisis management in crisis conditions becomes one of the main directions of its overcoming in Russian economy. The issues of improving the mechanism of crisis management at the present historical stage are actualised. The purpose is study of anti-crisis management methods for the development of an effective anti-crisis mechanism. Objectives is to study the existing methods of anti-crisis management in the light of international experience. The authors used methods of analysis, synthesis and comparison, and abstract-logical method in the research. The analytical method of information processing, synthesis and deduction of theoretical aspects of the concept of crisis and crisis management was carried out. A study of methods of crisis management, considering international experience, systematization and analysis of existing principles of state crisis management of the economy was carried out. The content and role of modern methods of crisis management deserves special attention. In the context of the sanctions announced against Russia, it is necessary to develop more advanced approaches to crisis management. The model of the anti-crisis mechanism for building an effective management system in the country’s economy is considered.

Шаранов Р. С. МЕХАНІЗМ АНТИКРИЗОВОГО УПРАВЛІННЯ ПІДПРИЄМСТВА ТА ЙОГО АРХІТЕКТУРА

Annotation. The purpose of the article is the theoretical justification of the crisis management mechanism of the enterprise, capable of predicting and overcoming modern crisis threats. Research methodology. The achievement of the purpose set in the article is carried out with the help of the following research methods: abstract-logical generalization, comparative analysis, historical, structural analysis, graphic analysis. Findings. The formation of the term «crisis management mechanism» was considered, the analysis of the latest scientific research on this issue was carried out, and the existence of various approaches to its definition was determined. An interpretation of the concept of «crisis management mechanism» is provided, according to which it is a complex system of purposeful influence on economic activity with the help of interconnected and complementary elements, which allows predicting, warning, overcoming and reducing the probability of a crisis under the influence of the external and internal environment. The concept of «architecture» is introduced in the context of the crisis management mechanism, which means a system that includes a description of key elements and the connections between them. It is emphasized that the architecture in crisis management is a necessary tool in order to increase the effectiveness and efficiency of the processes of the crisis mechanism. Elements of the architecture of crisis management are: influencing factors, object, subject, goal, principles, functions, resources, regulatory and legal support, methods, diagnostics, measures. The crisis management mechanism of the enterprise is proposed, which consists of two subsystems (basic and process) and four blocks (basic; diagnosis of business entities; formation and implementation of anti-crisis methods and measures; evaluation of the effectiveness of anti-crisis measures). Practical value. Implementation and use of the proposed crisis management mechanism in its activities will enable the enterprise to detect and overcome crisis phenomena in advance.

Антикризове управління як протидія банкрутству: досвід українських підприємств мікрокредитування

The proposed scientific article is devoted to the topical issue of the need for crisis management in the microcrediting market. The article considers the crisis (resulting from the full-scale invasion) as a factor influencing the smooth functioning of the company. The importance and relevance of crisis management of the company in conditions of uncertainty during the wartime is emphasized. Analyzing and summarizing scientific works of domestic and foreign scholars, it was proposed to study crisis management through the prism of the stages of crisis development, i. e.: crisis prevention, crisis management, overcoming the consequences of the crisis. Each of the stages requires a number of necessary measures that should be applied by the company for effective crisis management. Among the main ones of these measures are: early diagnosis of the crisis; rapid response to crises; implementation of preventive measures; creation of an anti-crisis program; implementation of post-crisis strategies. The article analyzes crisis management during the wartime on the example of a representative of the microcrediting market – LLC «MoneyVEO Quick Financial Assistance». The major anti-crisis measures of the company include: improvement of IT infrastructure; setting up automated and well-coordinated work of top management; attraction of external financial resources; compliance with legal requirements; cost reduction; improvement of the system for assessing the creditworthiness of counter-parties. An analysis of the main financial indicators of the company was carried out, on the basis of which a conclusion was made about the effectiveness of crisis management during the wartime. The probability of bankruptcy remains high, but there are opportunities to bypass it and bring the company out of the crisis. Prospects for further research in this direction are the need to apply preventive crisis management instruments and improve the mechanism of strategic crisis management.

The “managed competition” concept in the US–China security nexus. Theoretical analysis and practical implementation

With the inauguration of President John Biden, the ideas of “managing” competition between the United States and China increasingly began to appear in the lexicon of American politicians and pundits. Most works on US-China competition emphasize its non-military aspects, which does not reflect the efforts that the US puts into competition in the military-political domain, as well as the importance of its regulation in preventing armed conflict between the two powers. This study seeks to solve a dual task: firstly, to identify the ideational content of the concept of "managed competition", and secondly, to analyze the existing formats of managing US-China military-political competition in the Asia-Pacific region in the 21st century. After analyzing the academic and analytical works of recent years, the author concludes that the concept of "managed competition" comprises three components: 1) regulation of competition through institutionalization in order to increase the predictability, strengthen crisis management mechanisms and reduce conflict potential, 2) anticipatory programming of the actions of international actors by creating incentives and deterrents for making foreign policy decisions, 3) describing the measures necessary to achieve success in competition (outcompeting). At a practical level, the management of competition in the military-political relations between the United States and China implies 1) the creation of international institutions to reduce the like-lihood of military incidents in the South China Sea and the Western Pacific, 2) setting the agenda in the Asia-Pacific region (the concept of the "Indo-Pacific region"), the consolidation and expansion of US military-political institutions (QUAD, AUKUS) with giving them the anti-Chinese focus, 3) US actions that impede the implementation of PRC’s military-political goals: reunification with Taiwan, control over the South China Sea, expansion of military-political contacts with the countries of the Asia-Pacific region.

The seismic risk perception of emergency managers and first responders– a public survey in Greece

Understanding the seismic risk perceptions of emergency managers and first responders is fundamental to entrusting pre-disaster policy-making and emergency communication practices. Therefore, an online survey in Greece was conducted to assess the impact of knowledge, worry, experience, and other variables on seismic risk perceptions and to reveal emergency managers’ and first responders’ opinions on the overall emergency mechanism. The results reveal that, while seismic risk perception is high, important knowledge gaps are detected among members of the emergency and crisis management mechanisms. Poor coordination issues, ambiguity in responsibilities, the content of emergency seismic information (beyond uncertainty), and the need to improve prompt warning methods and modernised communication practices are indicated.

Addressing military AI risks in U.S.–China crisis management mechanisms

Addressing military AI risks in U.S.–China crisis management mechanisms

The Optimization of Personnel Localization Management on international construction projects: cases study from China enterprises

PurposeThis paper aims to explore the key risk factors affecting the Personnel Localization Management of international construction projects under the major public emergencies represented by the novel coronavirus pneumonia pandemic (hereinafter COVID-19) and how the public emergency affected the Personnel Localization Management from three levels: staff turnover rate, the number of different personnel, the salary and performance of workers. The paper also helps to enhance the construction enterprises' response capacity of major public emergencies and provides a comprehensive framework of optimization strategies for the Personnel Localization Management of international construction projects (hereinafter projects).Design/methodology/approachThe main research method of this paper is the case study, and ten representative international construction projects are selected for case study in China construction enterprises (hereinafter CCE). And this study used the failure mode and effects analysis (FMEA) and comparative analysis to find out all potential risk factors under the COVID-19 and analyze how the epidemic affects the Personnel Localization Management of projects which based on the primary data from 10 projects obtained through in-depth interviews and the secondary data from China First Metallurgical Group and Central South Construction Group's Overseas Enterprise.FindingsThe findings show that the outbreak of the major public emergencies not only greatly increased eight risk factors but also directly led to an increase in staff turnover rate. Meanwhile, the numbers of Chinese and local managers and workers are all affected, and an increase in the number and the salary performance of local workers can be reduced, to a certain extent, to the cost-to-output ratio of the projects. The findings would help construction enterprises better cope with Personnel Localization Management and enhance the response capacity of major public emergencies.Research limitations/implicationsThis study will broaden researchers' horizons regarding “Personnel Localization Management under major public emergencies” and “risk factors of Personnel Localization Management in an international context.” Furthermore, construction enterprises looking for a better mechanism of Personnel Localization Management can benefit from research findings and lessons learned from the authors' case study during or before an outbreak of major public emergency. Lastly, the framework of optimization strategies for Personnel Localization Management can be used both for research purposes and practice issues in international construction projects.Practical implicationsThe findings from the authors' case study offer the direction for international construction enterprises in China and other countries to formulate effective measures, strengthen overseas business and establish a crisis management mechanism for Personnel Localization Management under major public emergencies, and the findings provide emergency plans for projects to improve the public crisis handling capacity and respond to major public emergencies such as the COVID-19.Social implicationsThis study analyzes the impact of the COVID-19 on the Personnel Localization Management of international construction projects from the perspective of personnel. This study provides a theoretical reference for the international construction industry to actively respond to major public emergencies. Besides, the research is conducive to improving the emergency response mechanism in the construction industry, and further promoting the high-quality and globalized development of international construction.Originality/valueThis study provides other researchers with a comprehensive understanding of the risk factors affecting the Personnel Localization Management of projects under the COVID-19 and insight for further research on localization management, risk management, and project management.