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Financial Performance During the COVID-19 Crisis: The Role of Investment and Revenue

In: Crises and Uncertainty in the Economy

Author

Listed:
  • Hasna CHAIBI

    (University of Tunis El Manar)

  • Fatma HENTATI

    (University of Tunis El Manar)

  • Ines GHZAOUANI

    (University de Tunis)

Abstract

A fatal virus known as COVID-19 has had a devastating impact on the worldwide economy, including the Tunisian economy. For that reason, this study aims to assess the financial performance of Tunisian listed companies during this outbreak. Using the financial data during the first semester of 2020, we found that the pandemic negatively affected their performances. This impact is amplified when investment and revenue are decreased. Furthermore, we have divided our sample companies into two groups: high-affected industries and low-affected industries. Therefore, we found that those in the high-impact category perform the worst.

Suggested Citation

  • Hasna CHAIBI & Fatma HENTATI & Ines GHZAOUANI, 2022. "Financial Performance During the COVID-19 Crisis: The Role of Investment and Revenue," Springer Books, in: Hachmi BEN AMEUR & Zied FTITI & Wael LOUHICHI & Jean-Luc PRIGENT (ed.), Crises and Uncertainty in the Economy, chapter 0, pages 159-170, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-3296-0_9
    DOI: 10.1007/978-981-19-3296-0_9
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