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Vertical integration and corporate value under uncertainty shock: Evidence from the COVID-19 pandemic
Using the exogenous shock of the COVID-19 pandemic, we examine whether vertical integration creates value for firms when facing increasing uncertainty. Using cross-sectional data during the outbreak of the COVID-19 pandemic, we find that there is a significant and positive correlation between vertic...
Autores principales: | Yuan, Chun, Geng, Chunxiao, Sun, Jian, Cui, Huaigu |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
The Authors. Publishing services by Elsevier B.V. on behalf of KeAi Communications Co. Ltd.
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9643336/ http://dx.doi.org/10.1016/j.ceqi.2022.11.002 |
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