COVID-19 IS DEADLY! LONG LIVE THE KING, CORPORATE CASH HOLDINGS!
Author(s) -
Akanksha Saxena,
Ranajee Ranajee,
Ms Saumita Roy
Publication year - 2021
Publication title -
applied finance letters
Language(s) - English
Resource type - Journals
eISSN - 2253-5802
pISSN - 2253-5799
DOI - 10.24135/afl.v10i.376
Subject(s) - covid-19 , cash , race (biology) , business , consumption (sociology) , cash flow , finance , medicine , sociology , social science , infectious disease (medical specialty) , gender studies , pathology , disease
Covid-19 has adversely affected the human race. With human race confined to their houses, the level of consumption has gone down and it has significant negative impact on the cash flows of the existing businesses. In this study, using different scenarios and stress level, we try to predict the impact on businesses cash flows and establish the role of corporate cash holdings in avoiding illiquidity of businesses.
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