The impact of COVID-19 on firm risk and performance in MENA countries: Does national governance quality matter?
This study investigated the impact of the COVID-19 crisis on firm risk and performance in
different country-level governance qualities in the MENA region. Analyzing a sample of 739
non-financial listed firms in 12 MENA countries for the period 2011–2020, we found that the
COVID-19 crisis negatively impacted the performance of firms, especially low-performance
firms, in most industries, and increased firm risk in general. Moreover, we found that national
governance quality plays an important role in mitigating the negative impact of the COVID …
different country-level governance qualities in the MENA region. Analyzing a sample of 739
non-financial listed firms in 12 MENA countries for the period 2011–2020, we found that the
COVID-19 crisis negatively impacted the performance of firms, especially low-performance
firms, in most industries, and increased firm risk in general. Moreover, we found that national
governance quality plays an important role in mitigating the negative impact of the COVID …
The impact of COVID-19 on firm risk and performance in MENA countries: Does national governance quality matter?
QK Nguyen - 2023 - mpra.ub.uni-muenchen.de
This study investigated the impact of the COVID-19 crisis on firm risk and performance in
different country-level governance qualities in the MENA region. Analyzing a sample of 739
non-financial listed firms in 12 MENA countries for the period 2011–2020, we found that the
COVID-19 crisis negatively impacted the performance of firms, especially low-performance
firms, in most industries, and increased firm risk in general. Moreover, we found that national
governance quality plays an important role in mitigating the negative impact of the COVID …
different country-level governance qualities in the MENA region. Analyzing a sample of 739
non-financial listed firms in 12 MENA countries for the period 2011–2020, we found that the
COVID-19 crisis negatively impacted the performance of firms, especially low-performance
firms, in most industries, and increased firm risk in general. Moreover, we found that national
governance quality plays an important role in mitigating the negative impact of the COVID …
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