#2235. Pandemics, intermediate goods, and corporate valuation

July 2026publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript5020 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Finance;
Economics and Econometrics;
Places in the authors’ list:
place 1place 2place 3place 4
FreeFreeFreeFree
1510 $1340 $1170 $1000 $
Contract2235.1 Contract2235.2 Contract2235.3 Contract2235.4
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)

Abstract:
We evaluate whether the changes in valuation of corporates during the first wave of the COVID-19 pandemic depend on their downstream or upstream industries’ exposure to social distancing. Using a new dataset on sectoral dependence on the use and sale of intermediate goods, we find that firms whose downstream sectors are more affected by social distancing suffer from a greater decline in stock prices during the first quarter of 20XX. Such an effect is mitigated for large firms.
Keywords:
Cash; Intermediate goods; Liquidity; Pandemic; Valuation

Contacts :
0