Pham, Man Duy (Marty); Nguyen, Harvey; Pham, Mia; Pham, Anh - 2023
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. Using corporate default risk as a measure of non-resilience, our empirical results from 97 countries reveal that...