COVID-19 and Corporate Balance Sheet Vulnerabilities : A Simple Stress-Test Approach
This paper conducts a simple stress test to gauge the ability of listed nonfinancial corporates to withstand shocks to earnings and receivables. It targets two basic accounting ratios that capture a firm’s ability to cover its short-term liabilities and interest expenses. The sample consists of almo...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/216811595260577407/COVID-19-and-EMDE-Corporate-Balance-Sheet-Vulnerabilities-A-Simple-Stress-Test-Approach http://hdl.handle.net/10986/34170 |