COVID-19 pandemic and firm performance: An empirical investigation using a cross-country sample

IF 1.7 Q3 MANAGEMENT

IIMB Management Review Pub Date : 2024-09-01 DOI:10.1016/j.iimb.2024.07.002

A. Athira , Vishnu K. Ramesh , Mohan Sinu

引用次数: 0

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.

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COVID-19 大流行与公司业绩：利用跨国样本进行实证调查

我们利用 89 个国家企业的季度财务数据研究了 COVID-19 大流行对企业绩效的影响，结果表明大流行对企业绩效产生了不利影响。大流行前资产负债表中持有较多长期债务和应收账款的公司在大流行中受到的影响相对较大。现金缓冲可以使企业更有能力抵御 COVID-19 危机。一个国家的治理质量在减轻大流行病对公司业绩的不利影响方面起着至关重要的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

IIMB Management Review MANAGEMENT-

CiteScore

3.20

自引率

5.90%

发文量

审稿时长

68 days

期刊介绍： IIMB Management Review (IMR) is a quarterly journal brought out by the Indian Institute of Management Bangalore. Addressed to management practitioners, researchers and academics, IMR aims to engage rigorously with practices, concepts and ideas in the field of management, with an emphasis on providing managerial insights, in a reader friendly format. To this end IMR invites manuscripts that provide novel managerial insights in any of the core business functions. The manuscript should be rigorous, that is, the findings should be supported by either empirical data or a well-justified theoretical model, and well written. While these two requirements are necessary for acceptance, they do not guarantee acceptance. The sole criterion for publication is contribution to the extant management literature.Although all manuscripts are welcome, our special emphasis is on papers that focus on emerging economies throughout the world. Such papers may either improve our understanding of markets in such economies through novel analyses or build models by taking into account the special characteristics of such economies to provide guidance to managers.