Park, Jaecheol, Myunghwan Lee, Gene Moo Lee “Mobile Resilience: The Effect of Mobile Device Management on Firm Performance during the COVID-19 Pandemic”, Work-in-Progress.
- Based on an industry collaboration
The use of mobile information technology (IT) has become increasingly vital for businesses, especially for remote and hybrid work during the COVID-19 pandemic, providing employees with accessibility, flexibility, and responsiveness. However, despite its growing significance, the business value of mobile device management and its role in establishing digital resilience during crises remain underexplored in the literature. To address this research gap, our study examines the effect of mobile device management on a firm’s resilience to external shocks. Using a proprietary dataset from a global mobile device management solution provider for public U.S. firms over the three-year period of 2019-2021, we find that firms with mobile device management have a better financial performance during the pandemic, demonstrating greater resilience to the shock. Furthermore, we observe heterogeneous resilience effects across industries, with greater impacts in non-high-tech industries than in high-tech ones, and in manufacturing, retail, and service industries compared to others. Our findings are robust to various tests. This study contributes to the literature by emphasizing the crucial role of mobile device management in building digital resilience.