The coronavirus (COVID-19) pandemic has imposed a heavy toll on economies worldwide, nearly halting economic activity. Although most firms should be viable when economic activity resumes, cash flows have collapsed, possibly triggering inefficient bankruptcies with long-term detrimental effects. Firms' valuable relationships with workers, suppliers, customers, governments, and creditors could be broken. Hibernation could slow the economy until the...
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INFORMATION
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2020/04/13
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Fiche
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147598
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1
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1
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2020/04/13
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Disclosed
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Financing Firms in Hibernation During the COVID-19 Pandemic
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small and medium enterprise
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