Nerantzidis, Michail; Koutoupis, Andreas; Tzeremes, … - In: Journal of business economics and management 24 (2023) 1, pp. 155-176
Motivated by the recent study of De Vito and Gómez (2020), this paper examines how the COVID-19 pandemic could influence the liquidity of Greek listed firms. It also explores the main factors that drive the level of operating cash flow (OCF). By simulating a decrease of 50% and 75% in sales, we...