Maurin, Laurent; Pál, Rozália - 2020
faced by corporates between investment and leverage. It also suggests that, should the estimated gap in net revenues … investment by 24.3 to 48.5% during the COVID-19 crisis, compared to 19% during the Great Financial Crisis (GFC). Using historical … materialise as the result of the crisis, the decline in corporate investment would likely be within the computed ranges. …