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Impact of COVID-19 on Corporate Liabilities in the Energy & Power Industry

Author

Listed:
  • Hao Xiong
  • Wen Shi
  • Shilin Xu
  • Huayu Shen

    (North China Electric Power University, China)

Abstract

The international industrial chain has been impacted by the COVID-19 pandemic with the energy and power industrial chain most impacted. This paper studies the impact of COVID-19 on energy and power firm liabilities and finds that COVID-19 has (a) raised liabilities of companies, and (b) disrupted production thus reducing performance and raising financial stress.

Suggested Citation

  • Hao Xiong & Wen Shi & Shilin Xu & Huayu Shen, 2021. "Impact of COVID-19 on Corporate Liabilities in the Energy & Power Industry," Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association, vol. 2(1), pages 1-4.
    • Handle: RePEc:ayb:jrnerl:5
    DOI: 2021/06/16
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    References listed on IDEAS

    as
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    4. repec:bla:opecrv:v:33:y:2009:i:3-4:p:184-197 is not listed on IDEAS
    5. Stephen Snudden, 2018. "International remittances, migration and primary commodities," The World Economy, Wiley Blackwell, vol. 41(11), pages 2934-2953, November.
    6. United Nations (UN), 2016. "International Migration and Development," Working Papers id:11048, eSocialSciences.
    7. Abbas, Shujaat, 2020. "Impact of oil prices on remittances to Pakistan from GCC countries: evidence from panel asymmetric analysis," MPRA Paper 107246, University Library of Munich, Germany.
    8. Stephen Snudden, 2019. "Labor and behavior determinants of remittances in Saudi Arabia," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 48(3), November.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Lee, Chien-Chiang & Wang, Chih-Wei & Ho, Shan-Ju, 2022. "Financial aid and financial inclusion: Does risk uncertainty matter?," Pacific-Basin Finance Journal, Elsevier, vol. 71(C).

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    More about this item

    Keywords

    energy and power; liability; debt ratio; covid-19;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • G4 - Financial Economics - - Behavioral Finance

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