Influence of Preparedness Measures on Re-Opening Time for Small Businesses after 2011 Thai Flood

May 8, 2014 | by Ritsumeikan University

Little evidence from previous studies is available for businesses and disasters in developing countries context, which have a higher probability of being located in hazard prone areas. The objective of this study is to investigate what the most important preparedness measure influenced on re-opening time for small businesses rapidly after the 2011 flood finished in Sai Mai district of Bangkok Metropolitan Administration (BMA). The output of Multiple Regression Model from 200 business owners shows that the most important preparedness measure is to get information about past floods in BMA. This preparedness measure influenced other preparedness measure which could reduce the time of business recovery.

Tags: Thailand, case study, disaster

Categories: Resources: Markets in Crisis