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Management Research Review

Communication of emergent international management research.

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Navigating the storm: how managers’ decisions shape companies in crisis

• Original Paper
• Published: 28 August 2024

Cite this article

• J. Ulpiano Vázquez-Martínez   ORCID: orcid.org/0000-0002-7300-9546 1 ,
• Javier Morales-Mediano   ORCID: orcid.org/0000-0003-1797-9211 2 ,
• Antonio L. Leal-Rodríguez   ORCID: orcid.org/0000-0002-4403-9658 3 &
• Carla Pennano-Villanueva   ORCID: orcid.org/0000-0001-9351-9781 4  

This research aims to examine how managers responded and behaved in the highly chaotic environment generated by the COVID-19 crisis. Understanding their response is important because each decision taken impacted differently and significantly on their companies’ performance. The first part of the study uses topic modeling to interprets text from 113 interviews with executives published in general media. The second part analyzes responses from 518 managers across 15 countries using PLS-SEM. The survey was conducted during the most severe stage of the pandemic (2020), ensuring real-time opinions from managers rather than relying on recollections. The study’s main finding reveals that managers made strategic/operational and financial decisions, which helped companies adapt and survive in this new environment. However, they had a negative effect on firm performance. These findings delineate significant theoretical implications for managerial decision-making amidst chaotic contexts, as well as guiding practitioners in facing future crises.

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Vázquez-Martínez, J.U., Morales-Mediano, J., Leal-Rodríguez, A.L. et al. Navigating the storm: how managers’ decisions shape companies in crisis. Rev Manag Sci (2024). https://doi.org/10.1007/s11846-024-00801-w

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When the page proofs are finalised, the fully typeset and proofed version of record is published online. This is referred to as the EarlyCite version. While an EarlyCite article has yet to be assigned to a volume or issue, it does have a digital object identifier (DOI) and is fully citable. It will be compiled into an issue according to the journal’s issue schedule, with papers being added by chronological date of publication.

How to share your paper

Visit our author rights page  to find out how you can reuse and share your work.

To find tips on increasing the visibility of your published paper, read about  how to promote your work .

Correcting inaccuracies in your published paper

Sometimes errors are made during the research, writing and publishing processes. When these issues arise, we have the option of withdrawing the paper or introducing a correction notice. Find out more about our  article withdrawal and correction policies .

Need to make a change to the author list? See our frequently asked questions (FAQs) below.

Frequently asked questions

• José Ernesto Amorós Tecnológico de Monterrey, Mexico [email protected]

Editorial Assistant

• Fabiola Zambom Ferraresi Public University of Navarra - Spain

Associate Editor

• Flavia Cardoso Universidad del Desarrollo - Chile [email protected]
• Ronaldo Parente Florida International University - USA [email protected]
• Fernando R. Serra Universidade Nove de Julho – UNINOVE - Brazil [email protected]
• Fernanda Wagstaff The University of Texas at El Paso - USA [email protected]
• Chloe Campbell Emerald Publishing - UK [email protected]

Journal Editorial Office (For queries related to pre-acceptance)

• Ruchita Dattaram Chavan Emerald Publishing [email protected]

Supplier Project Manager (For queries related to post-acceptance)

• Aarti Kakade Emerald Publishing [email protected]

Editorial Advisory Board

• Ruth Aguilera D'Amore-McKim School of Business, Northeastern University - USA
• Herman Aguinis George Washington University School of Business - USA
• Neil Anderson Brunel Business School - UK
• J. Alberto Aragon-Correa Universidad de Granada & University of Surrey - Spain
• Manuel Becerra The University of Queensland - Australia
• Pascual Berrone IESE Business School, Universidad de Navarra - Spain
• Constanza Bianchi Universidad Adolfo Ibañez - Chile
• Jaime Bonache ESADE Business School - Spain
• Brian K. Boyd City University of Hong Kong - Hong Kong
• Angel Cabrera George Mason University - USA
• Rita Campos e Cunha Universidade Nova de Lisboa - Portugal
• Jorge Carneiro, Ph.D. Fundaçao Getulio Vargas - Brazil
• Xavier Castaner HEC, Lausanne - Switzerland
• Cristina Cruz IE Business School - Spain
• Alvaro Cuervo-Cazurra Northeastern University - USA
• Antonio Davila Parra IESE Business School - Spain
• Simon L. Dolan Advantere School of Management - Spain
• Pierre Dussauge HEC School of Management - France
• Marta Elvira IESE Business School - Spain
• Manuela Faia Correia Universidade Lusiada de Lisboa - Portugal
• Michel Fiol HEC School of Management - France
• Andrea Fosfuri Bocconi University - Italy
• Monica Franco Cranfield School of Management - UK
• Carlos Alberto Freire Medeiros Universidade Federal do Rio Grande do Norte - Brazil
• Michael Frese NUS Business School - Singapore
• Esteban Garcia-Canal Universidad de Oviedo - Spain
• Javier Gimeno INSEAD - France
• Carolina Gomez Florida International University - USA
• Luis Gomez-Mejia W.P. Carey School of Business, Arizona State University - USA
• Mauro Guillen University of Pennsylvania - USA
• Isabel Gutierrez Universidad Carlos III de Madrid - Spain
• Andres Hatum Universidad Torcuato di Tella - Argentina
• Irene Henriques York University - Canada
• Michael Hitt Texas A&M University - USA
• Emilio Huerta Universidad Pública de Navarra - Spain
• Santiago Ibarreche University of Texas at El Paso - USA
• Gazi Islam Grenoble Business School & INSPER - France
• Gaston Labadie Universidad ORT - Uruguay
• Sergio Giovanetti Lazzarini Institute of Education and Research (INSPER), São Paulo, Brazil
• Pablo Lesevic Universidad San Ignacio de Loyola - Peru
• Kevin B. Lowe The University of Auckland - New Zealand
• Freddy Marinez Navarro Tecnológico de Monterrey - Mexico
• Patricia G. Martinez Loyola Marymount University - USA
• Ester Martinez Ros Universidad Carlos III de Madrid - Spain
• Margarita Mayo IE Business School - Spain
• Luiz Mesquita Arizona State University - USA
• Santiago Mingo Universidad Adolfo Ibáñez - Chile
• Ramiro Montealegre University of Colorado at Boulder - USA
• Edilberto Montemayor Michigan State University - USA
• Jose Naranjo La Universidad Católica Andrés Bello - Venezuela
• Jose Neves ISCTE - Instituto Universitario de Lisboa - Portugal
• William Ocasio Northwestern University - USA
• Pablo Regent IEEM, Escuela de Negocios de la Universidad de Montevideo - Uruguay
• Arménio Rego Católica Porto Business School - Portugal
• Javier Reynoso EGADE, Instituto Tecnológico de Monterrey - Mexico
• Joan E. Ricart IESE Business School, Universidad de Navarra - Spain
• Ricardo Rodrigues King's College London - UK
• Ke Rong Tsinghua University - People's Republic of China
• Vicente Salas Fumas Universidad de Zaragoza - Spain
• Erica Salvaj Universidad del Desarrollo - Chile
• Juan I. Sanchez Florida International University - USA
• Mary Sully de Luque Thunderbird School of Global Management - USA
• Mary Teagarden Thunderbird School of Global Management - USA
• Shay Tzafrir University of Haifa - Israel
• Roberto Vassolo IAE Business School, Universidad Austral - Argentina
• Luis Vives IESE Business School - Spain
• Thomaz Wood Escola de Administração de Empresas de São Paulo - Brazil
• En Xie Xi’an Jiaotong University - People's Republic of China
• Edgar Zapata University of Western Ontario - Canada
• João Vieira da Cunha European University - Portugal
• Julio de Castro Instituto de Empresa - Spain

Citation metrics

CiteScore 2023

Further information

CiteScore is a simple way of measuring the citation impact of sources, such as journals.

Calculating the CiteScore is based on the number of citations to documents (articles, reviews, conference papers, book chapters, and data papers) by a journal over four years, divided by the number of the same document types indexed in Scopus and published in those same four years.

For more information and methodology visit the Scopus definition

CiteScore Tracker 2024

(updated monthly)

CiteScore Tracker is calculated in the same way as CiteScore, but for the current year rather than previous, complete years.

The CiteScore Tracker calculation is updated every month, as a current indication of a title's performance.

2023 Impact Factor

The Journal Impact Factor is published each year by Clarivate Analytics. It is a measure of the number of times an average paper in a particular journal is cited during the preceding two years.

For more information and methodology see Clarivate Analytics

5-year Impact Factor (2023)

A base of five years may be more appropriate for journals in certain fields because the body of citations may not be large enough to make reasonable comparisons, or it may take longer than two years to publish and distribute leading to a longer period before others cite the work.

Actual value is intentionally only displayed for the most recent year. Earlier values are available in the Journal Citation Reports from Clarivate Analytics .

Publication timeline

Time to first decision

Time to first decision , expressed in days, the "first decision" occurs when the journal’s editorial team reviews the peer reviewers’ comments and recommendations. Based on this feedback, they decide whether to accept, reject, or request revisions for the manuscript.

Data is taken from submissions between 1st June 2023 and 31st May 2024

Acceptance to publication

Acceptance to publication , expressed in days, is the average time between when the journal’s editorial team decide whether to accept, reject, or request revisions for the manuscript and the date of publication in the journal. 

Data is taken from the previous 12 months (Last updated July 2024)

Acceptance rate

The acceptance rate is a measurement of how many manuscripts a journal accepts for publication compared to the total number of manuscripts submitted expressed as a percentage %

Data is taken from submissions between 1st June 2023 and 31st May 2024 .

This figure is the total amount of downloads for all articles published early cite in the last 12 months

(Last updated: July 2024)

This journal is abstracted and indexed by

• AIDEA 2015-2016 Journal Rating
• Cabell's Directories of Publishing Opportunities in Management
• Emerging Sources Citation Index (Clarivate Analytics)
• Excellence in Research for Australia (ERA) 2015
• QUALIS 2016
• Latindex Catalogue
• Latindex Directory
• ReadCube Discover
• TOC Premier

This journal is ranked by

• Chartered Association of Business Schools (CABS, UK) Academic Journal Guide

Reviewer information

Peer review process.

This journal engages in a double-anonymous peer review process, which strives to match the expertise of a reviewer with the submitted manuscript. Reviews are completed with evidence of thoughtful engagement with the manuscript, provide constructive feedback, and add value to the overall knowledge and information presented in the manuscript.

The mission of the peer review process is to achieve excellence and rigour in scholarly publications and research.

Our vision is to give voice to professionals in the subject area who contribute unique and diverse scholarly perspectives to the field.

The journal values diverse perspectives from the field and reviewers who provide critical, constructive, and respectful feedback to authors. Reviewers come from a variety of organizations, careers, and backgrounds from around the world.

All invitations to review, abstracts, manuscripts, and reviews should be kept confidential. Reviewers must not share their review or information about the review process with anyone without the agreement of the editors and authors involved, even after publication. This also applies to other reviewers’ “comments to author” which are shared with you on decision.

Resources to guide you through the review process

Discover practical tips and guidance on all aspects of peer review in our reviewers' section. See how being a reviewer could benefit your career, and discover what's involved in shaping a review.

More reviewer information

Thank you to the 2022 Reviewers of Management Research: Journal of the Iberoamerican Academy of Management

The publishing and editorial teams would like to thank the following, for their invaluable service as 2022 reviewers for this journal. We are very grateful for the contributions made. With their help, the journal has been able to publish such high...

Thank you to the 2021 Reviewers of Management Research

The publishing and editorial teams would like to thank the following, for their invaluable service as 2021 reviewers for this journal. We are very grateful for the contributions made. With their help, the journal has been able to publish such high...

Literati awards

Management Research - Literati Award Winners 2023

We are pleased to announce our 2023 Literati Award winners. Outstanding Paper Being inclusive boosts impa...

Management Research: Journal of the Iberoamerican Academy of Management - Literati Award Winners 2022 

We are pleased to announce our 2022 Literati Award winners. Outstanding Paper COVID-19, sustainable devel...

Management Research: Journal of the Iberoamerican Academy of Management - Literati Award Winners 2021

We are pleased to announce our 2021 Literati Award winners. Outstanding Paper Understanding employee resp...

Management Research: Journal of the Iberoamerican Academy of Management publishes high-quality research in the field of general management and surrounding fields with a viewpoint on management.

Aims and scope

Management Research (MRJIAM) , the official journal of  The Iberoamerican Academy of Management  (an affiliate of the Academy of Management), provides a rigorous forum for the publication of high-quality peer-reviewed articles covering all major disciplines in management with an interest in Iberoamerican issues. Articles, including review articles, empirical and conceptual, which display thoughtful, accurate research and be rigorous in all regards, are most welcome. Authors can submit their papers in English, Spanish or Portuguese for review purposes, although all papers are published in English only. Management Research  welcomes papers, including cross-disciplinary work, on the following areas (but is not limited to):

• Human Resource Management
• Strategic Management
• Organizational Behaviour
• Organization Theory
• Corporate Governance
• Managerial Economics
• Cross Cultural Management

The journal seeks to provide a rapid peer review process (the average timeframe from submission to initial decision in 2016 was 32 days) with high-quality reviews from leading scholars in the field (including the members of the  Editorial Advisory Board ) and works with authors to bring papers of high quality to publication.

Latest articles

These are the latest articles published in this journal (Last updated: July 2024)

The informal economy and the entrepreneurial cycle

Green innovation and competitiveness: empirical evidence from ecuadorian manufacturing, social entrepreneurship drivers in ecuador, top downloaded articles.

These are the most downloaded articles over the last 12 months for this journal (Last updated: July 2024)

Senior entrepreneurship in Latin America: evaluation and support from entrepreneurship ecosystems approach

Preference for teleworking during the covid-19 pandemic in spain: an exploratory study, is work from home here to stay look from mexico.

These are the top cited articles for this journal, from the last 12 months according to Crossref (Last updated: July 2024)

Linking toxic leadership to exit, voice, silence and neglect: the mediating role of loyalty

Relationship between authentic leadership and burnout: the mediating role of civility in healthcare sector in portugal.

This title is aligned with our responsible management goal

We aim to champion researchers, practitioners, policymakers and organisations who share our goals of contributing to a more ethical, responsible and sustainable way of working.

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