Despite the devastating worldwide human and economic tolls of the COVID-19 crisis, it has
created some positive economic and financial surprises and opportunities for research. This …

This study explores the survival of firms across countries, and what factors contribute to their
ability to withstand large-scale exogenous shocks, focusing on the COVID-19 pandemic …

COVID‐19 has severely constricted global economic activities. This paper examines the
joint effect of capital structure and corporate social responsibility (CSR) activities on firm risk …

Governments across the globe initiated various tax reforms in the post-Global Financial
Crisis period to rein in aggressive corporate tax avoidance for managing budget deficits …

This paper discusses different definitions of systemic risk and identifies the challenges,
which regulators face in addressing this phenomenon. We conducted a systematic literature …

This article examines the relationship between modern health pandemic crises and financial
stability. Specifically, it collects data on 250,223 firms in 43 countries (or regions) during five …

US corporate credit default swap (CDS) spreads have significantly increased since the
beginning of the COVID-19 global pandemic. This paper shows that the magnitude of the …

Few studies investigate whether ESG mitigates the harmful effects of changes in firms'
external environments. We evidence that ESG mitigated the impact of COVID-19 work-from …

Credit default swaps (CDS)—the fiercely discussed derivatives instrument since the
explosion of the recent global credit crunch—are still subject to considerable theoretical and …

Many recent studies investigate the economic effect of the COVID-19 pandemic in multiple
aspects, while whether and how the sovereign credit risk reacts to the shock is still …