Journal Article: 'COVID-19 pandemic and firm performance: An empirical investigation using a cross-country sample' Prof. Athira A
Abstract: We investigate the effect of Covid-19 pandemic on firm performance using the quarterly financial data of firms from 89 countries and show that the pandemic has a detrimental impact on firm performance. The firms that held more long-term debt and account receivables on their balance sheet before the pandemic were relatively more affected amid the pandemic. The cash buffers can make firms more resilient to the Covid-19 crisis. The quality of a country's governance plays a vital role in mitigating the adverse impact of the pandemic on firm performance.
Authors’ Names: A. Athira, Vishnu K Ramesh and Mohan Sinu
Journal Name: IIMB Management Review
URL: https://www.sciencedirect.com/science/article/pii/S0970389624000818
Journal Article: 'COVID-19 pandemic and firm performance: An empirical investigation using a cross-country sample' Prof. Athira A
Abstract: We investigate the effect of Covid-19 pandemic on firm performance using the quarterly financial data of firms from 89 countries and show that the pandemic has a detrimental impact on firm performance. The firms that held more long-term debt and account receivables on their balance sheet before the pandemic were relatively more affected amid the pandemic. The cash buffers can make firms more resilient to the Covid-19 crisis. The quality of a country's governance plays a vital role in mitigating the adverse impact of the pandemic on firm performance.
Authors’ Names: A. Athira, Vishnu K Ramesh and Mohan Sinu
Journal Name: IIMB Management Review
URL: https://www.sciencedirect.com/science/article/pii/S0970389624000818