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Is cash the panacea of the COVID-19 pandemic: Evidence from corporate performance
This study investigates the impact of COVID-19 crisis on corporate investment and financing policies. Using a difference-in-difference approach, I find while firms suffer from a real negative shock from the pandemic on average, firms with an abundant cash reserve prior to the crisis outperform firms...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Elsevier Inc.
2022
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8856885/ https://www.ncbi.nlm.nih.gov/pubmed/35221815 http://dx.doi.org/10.1016/j.frl.2021.102151 |