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Persistent link: https://www.econbiz.de/10015142693
The outbreak of COVID-19 has a huge negative impact on the firms’ business activities. This paper investigates the effects of COVID-19 pandemic on corporate investment and firm value from the real option perspective. Based on the real-option based model (ROM) proposed by Zhang (2000), we find...
Persistent link: https://www.econbiz.de/10014239643
Persistent link: https://www.econbiz.de/10014384894
The outbreak of COVID-19 has a huge negative impact on the firms’ business activities. This paper investigates the effects of COVID-19 pandemic on corporate investment and firm value from the real option perspective. Based on the real-option based model (ROM) proposed by Zhang (2000), we find...
Persistent link: https://www.econbiz.de/10014258680
Persistent link: https://www.econbiz.de/10015410882