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Firms’ COVID-19 Pandemic Exposure and Corporate Cash Policy: Evidence from China()
The COVID-19 pandemic adversely impacted economic activity, decreased corporate revenues, and magnified cash flow fluctuations. We study how Chinese listed firms' COVID exposure influences their cash holdings. A firm's COVID exposure is measured by its excess stock return responses to glob...
Autores principales: | He, Zhongda, Suardi, Sandy, Wang, Kai, Zhao, Yang |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier B.V.
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9392874/ https://www.ncbi.nlm.nih.gov/pubmed/36032988 http://dx.doi.org/10.1016/j.econmod.2022.105999 |
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