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. 2021 Nov;28(44):63215-63226.
doi: 10.1007/s11356-021-15275-6. Epub 2021 Jul 5.

Socio-economic and corporate factors and COVID-19 pandemic: a wake-up call

Muhammad Khalid Anser  1 , Sheikh Usman Yousaf  2 , Shabir Hyder  3 , Abdelmohsen A Nassani  4 , Khalid Zaman  5 , Muhammad Moinuddin Qazi Abro  4
Affiliations

Socio-economic and corporate factors and COVID-19 pandemic: a wake-up call

Muhammad Khalid Anser et al. Environ Sci Pollut Res Int. 2021 Nov.

Abstract

The novel coronavirus 2019 (COVID-19) emerges from the Chinese city Wuhan and its spread to the rest of the world, primarily affected economies and their businesses, leading to a global depression. The explanatory and cross-sectional regression approach assesses the impact of COVID-19 cases on healthcare expenditures, logistics performance index, carbon damages, and corporate social responsibility in a panel of 77 countries. The results show that COVID-19 cases substantially increase healthcare expenditures and decrease corporate social responsibility. On the other hand, an increase in the coronavirus testing capacity brings positive change in reducing healthcare expenditures, increased logistics activities, and corporate social responsibility. The cost of carbon emissions increases when corporate activities begin to resume. The economic affluence supports logistics activities and improves healthcare infrastructure. It linked to international cooperation and their assistance to supply healthcare logistics traded equipment through mutual trade agreements. The greater need to enhance global trade and healthcare logistics supply helps minimize the sensitive coronavirus cases that are likely to provide a safe and healthy environment for living.

Keywords: COVID-19 cases; Carbon damages; Corporate social responsibility; Cross-sectional regression; Healthcare expenditures; Logistics activities.

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Conflict of interest statement

The authors declare no competing interests.

Figures

Figure 1
Figure 1
COVID-19 pandemic, CFR, CRR, and CCR estimates. Source: ECDC (2021), Worldometer (16 April 2021), and Author’s estimates
Figure 2
Figure 2
The COVID-19 extreme facts in the top eight countries of the world. Source: ECDC (2021), Kaggle (2021), Worldometer (16th April 2021), and Author’s estimates
Figure 3
Figure 3
Total publication by dates. Source: Authors extracted from “Collabovid” search engine
Figure 4
Figure 4
Total publications overview. Source: Authors extracted from “Collabovid” search engine
Figure 5
Figure 5
Publication categories. Source: Authors extracted from “Collabovid” search engine
See this image and copyright information in PMC

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