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COVID-19 Pandemic and Global Corporate CDS Spreads
We examine the impact of the COVID-19 pandemic on the credit risk of companies around the world. We find that increased infection rates affect firms more adversely as reflected by the wider increase in their credit default swap (CDS) spreads if they are larger, more leveraged, closer to default, hav...
Autores principales: | , , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier B.V.
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9287578/ https://www.ncbi.nlm.nih.gov/pubmed/35873083 http://dx.doi.org/10.1016/j.jbankfin.2022.106618 |