COVID-19pandemicandfirmperformance: Anempiricalinvestigationusingacross-countrysample

Authors

• Athira A, Indian Institute of Management BangaloreFollow
• Vishnu K Ramesh, Amrita School of Business, Amrita Vishwa Vidyapeetham, Bengaluru
• Mohan Sinu, VTB College,Palakkad, Kerala

Document Type

Article

Publication Title

IIMB Management Review

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.

DOI Link

https://doi.org/10.1016/j.iimb.2024.07.002

Publication Date

1-9-2024

Publisher

Elsevier

Volume

Vol.36

Issue

Iss.3

Recommended Citation

A, Athira; Ramesh, Vishnu K; and Sinu, Mohan, "COVID-19pandemicandfirmperformance: Anempiricalinvestigationusingacross-countrysample" (2024). Faculty Publications. 1826.
https://research.iimb.ac.in/fac_pubs/1826