An Econometric Approach on Performance and Financial Equilibrium during the COVID-19 Pandemic

Larissa Batrancea ()
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Larissa Batrancea: “Babes-Bolyai†University

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 801-808

Abstract: On the account of the current pandemic crisis and recurrent lockdown periods, most of the companies around the world have registered massive decreases in sales, while others were forced to go bankrupt. In the same line, the New York Stock Exchange was seriously impacted by the lockdown measures enacted in countries all over the world. Nevertheless, despite this unprecedented context, large companies have managed to overcome challenges, continued their activities and even made important investments, thus increasing the trust of stock market players in their financial performance. The current study investigates the link between performance and liquidity on a sample of 34 companies listed on the New York Stock Exchange. Results show that liquidity significantly influenced company performance, which ultimately impacted on investors’ willingness to stay active on this capital market.

Keywords: liquidity; return on assets; return on equity; return on investments (search for similar items in EconPapers)
JEL-codes: G00 G32 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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