Impact of COVID-19 on Corporate Liabilities in the Energy & Power Industry
Hao Xiong,
Wen Shi,
Shilin Xu and
Huayu Shen ()
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Huayu Shen: North China Electric Power University, China
Energy RESEARCH LETTERS, 2021, vol. 2, issue 1, 1-4
Abstract:
The international industrial chain has been impacted by the COVID-19 pandemic with the energy and power industrial chain most impacted. This paper studies the impact of COVID-19 on energy and power firm liabilities and finds that COVID-19 has (a) raised liabilities of companies, and (b) disrupted production thus reducing performance and raising financial stress.
Keywords: energy and power; liability; debt ratio; covid-19 (search for similar items in EconPapers)
JEL-codes: G3 G4 (search for similar items in EconPapers)
Date: 2021
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