The role of government policies for Italian firms during the COVID-19 crisis

This paper aims to respond to this research question: “How effective have government incentives been in preserving firm profitability and growth during the COVID-19 crisis?”. We used a large, representative sample of Italian companies, which has produced a deeper study than the macro analyses provid...

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Autores principales: Fasano, Francesco, Javier Sánchez-Vidal, F., La Rocca, Maurizio
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Authors. Published by Elsevier Inc. 2022
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9394108/
https://www.ncbi.nlm.nih.gov/pubmed/36035254
http://dx.doi.org/10.1016/j.frl.2022.103273
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author Fasano, Francesco
Javier Sánchez-Vidal, F.
La Rocca, Maurizio
author_facet Fasano, Francesco
Javier Sánchez-Vidal, F.
La Rocca, Maurizio
author_sort Fasano, Francesco
collection PubMed
description This paper aims to respond to this research question: “How effective have government incentives been in preserving firm profitability and growth during the COVID-19 crisis?”. We used a large, representative sample of Italian companies, which has produced a deeper study than the macro analyses provided by national statistics. Results shows that government policies alleviated the negative effects of the pandemic on troubled companies, but it was not enough to maintain the same financial health as firms that did not need this support. Small companies were the most adversely affected by the pandemic.
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spelling pubmed-93941082022-08-22 The role of government policies for Italian firms during the COVID-19 crisis Fasano, Francesco Javier Sánchez-Vidal, F. La Rocca, Maurizio Financ Res Lett Article This paper aims to respond to this research question: “How effective have government incentives been in preserving firm profitability and growth during the COVID-19 crisis?”. We used a large, representative sample of Italian companies, which has produced a deeper study than the macro analyses provided by national statistics. Results shows that government policies alleviated the negative effects of the pandemic on troubled companies, but it was not enough to maintain the same financial health as firms that did not need this support. Small companies were the most adversely affected by the pandemic. The Authors. Published by Elsevier Inc. 2022-12 2022-08-22 /pmc/articles/PMC9394108/ /pubmed/36035254 http://dx.doi.org/10.1016/j.frl.2022.103273 Text en © 2022 The Authors. Published by Elsevier Inc. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Fasano, Francesco
Javier Sánchez-Vidal, F.
La Rocca, Maurizio
The role of government policies for Italian firms during the COVID-19 crisis
title The role of government policies for Italian firms during the COVID-19 crisis
title_full The role of government policies for Italian firms during the COVID-19 crisis
title_fullStr The role of government policies for Italian firms during the COVID-19 crisis
title_full_unstemmed The role of government policies for Italian firms during the COVID-19 crisis
title_short The role of government policies for Italian firms during the COVID-19 crisis
title_sort role of government policies for italian firms during the covid-19 crisis
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9394108/
https://www.ncbi.nlm.nih.gov/pubmed/36035254
http://dx.doi.org/10.1016/j.frl.2022.103273
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