The COVID-19 Shock and Equity Shortfall: Firm-level Evidence from Italy
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- Elena Carletti & Tommaso Oliviero & Marco Pagano & Loriana Pelizzon & Marti G Subrahmanyam, 0. "The COVID-19 Shock and Equity Shortfall: Firm-Level Evidence from Italy," Review of Corporate Finance Studies, Oxford University Press, vol. 9(3), pages 534-568.
- Carletti, Elena & Oliviero, Tommaso & Pagano, Marco & Pelizzon, Loriana & Subrahmanyam, Marti G., 2020. "The COVID-19 Shock and Equity Shortfall: Firm-level Evidence from Italy," CEPR Discussion Papers 14831, C.E.P.R. Discussion Papers.
- Carletti, Elena & Oliviero, Tommaso & Pagano, Marco & Pelizzon, Loriana & Subrahmanyam, Marti G., 2020. "The COVID-19 shock and equity shortfall: Firm-level evidence from Italy," SAFE Working Paper Series 285, Leibniz Institute for Financial Research SAFE.
- Elena Carletti & Tommaso Oliviero & Marco Pagano & Loriana Pelizzon & Marti G. Subrahmanyam, 2020. "The COVID-19 Shock and Equity Shortfall: Firm-level Evidence from Italy," EIEF Working Papers Series 2014, Einaudi Institute for Economics and Finance (EIEF), revised May 2020.
- Elena Carletti & Tommaso Oliviero & Marco Pagano & Loriana Pelizzon, 2020. "The COVID-19 Shock and Equity Shortfall: Firm-level Evidence from Italy," Working Papers 450, University of Milano-Bicocca, Department of Economics, revised Oct 2020.
References listed on IDEAS
- Altman, Edward I. & Esentato, Maurizio & Sabato, Gabriele, 2020. "Assessing the credit worthiness of Italian SMEs and mini-bond issuers," Global Finance Journal, Elsevier, vol. 43(C).
- Ṣebnem Kalemli-Özcan & Luc Laeven & David Moreno, 2018.
"Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis,"
NBER Working Papers
24555, National Bureau of Economic Research, Inc.
- Kalemli-Ozcan, Sebnem & Laeven, Luc & Moreno, David, 2019. "Debt overhang, rollover risk, and corporate investment: evidence from the European crisis," Working Paper Series 2241, European Central Bank.
- Kalemli-Ozcan, Sebnem & Laeven, Luc & Moreno, David, 2018. "Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis," CEPR Discussion Papers 12881, C.E.P.R. Discussion Papers.
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Cited by:
- Sebnem Kalemli-Ozcan & Pierre-Olivier Gourinchas & Veronika Penciakova & Nick Sander, 2020.
"COVID-19 and SME Failures,"
IMF Working Papers
2020/207, International Monetary Fund.
- Gourinchas, Pierre-Olivier & Kalemli-Ozcan, Sebnem & Penciakova, Veronika & Sander, Nick, 2020. "COVID-19 and SME Failures," CEPR Discussion Papers 15323, C.E.P.R. Discussion Papers.
- Pierre-Olivier Gourinchas & Ṣebnem Kalemli-Özcan & Veronika Penciakova & Nick Sander, 2020. "COVID-19 and SME Failures," NBER Working Papers 27877, National Bureau of Economic Research, Inc.
- Nicola Borri & Giorgio Di Giorgio, 2020. "Systemic Risk and the COVID Challenge in the European Banking Sector," Working Papers CASMEF 2005, Dipartimento di Economia e Finanza, LUISS Guido Carli.
More about this item
Keywords
COVID-19; pandemics; losses; distress; equity; recapitalization.;JEL classification:
- G01 - Financial Economics - - General - - - Financial Crises
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2020-06-15 (Corporate Finance)
- NEP-ENT-2020-06-15 (Entrepreneurship)
- NEP-EUR-2020-06-15 (Microeconomic European Issues)
- NEP-RMG-2020-06-15 (Risk Management)
- NEP-SBM-2020-06-15 (Small Business Management)
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