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Corporate immunity to the COVID-19 pandemic

We evaluate the connection between corporate characteristics and the reaction of stock returns to COVID-19 cases using data on more than 6,700 firms across 61 economies. The pandemic-induced drop in stock returns was milder among firms with stronger pre-2020 finances (more cash and undrawn credit, l...

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Detalles Bibliográficos
Autores principales: Ding, Wenzhi, Levine, Ross, Lin, Chen, Xie, Wensi
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8457922/
https://www.ncbi.nlm.nih.gov/pubmed/34580557
http://dx.doi.org/10.1016/j.jfineco.2021.03.005