Filtern nach
Letzte Suchanfragen

Ergebnisse für *

Zeige Ergebnisse 1 bis 2 von 2.

  1. Global corporate stress tests
    impact of the COVID-19 pandemic and policy responses
    Erschienen: August 2021
    Verlag:  International Monetary Fund, [Washington, D.C.]

    Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    keine Fernleihe
    Universitätsbibliothek Braunschweig
    keine Fernleihe
    Staats- und Universitätsbibliothek Bremen
    keine Fernleihe
    Universitätsbibliothek Erfurt / Forschungsbibliothek Gotha, Universitätsbibliothek Erfurt
    keine Fernleihe
    Bibliothek der Pädagogischen Hochschule Freiburg/Breisgau
    keine Fernleihe
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    keine Fernleihe
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    keine Fernleihe
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    keine Fernleihe
    Technische Universität Hamburg, Universitätsbibliothek
    keine Fernleihe
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    keine Fernleihe
    Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek
    e-Book Nationallizenz
    keine Fernleihe
    Thüringer Universitäts- und Landesbibliothek
    keine Fernleihe
    Fachhochschule Kiel, Zentralbibliothek
    keine Fernleihe
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 301
    keine Fernleihe
    Universitätsbibliothek Leipzig
    keine Fernleihe
    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
    keine Fernleihe
    Duale Hochschule Baden-Württemberg Mosbach, Bibliothek
    E-Book Nationallizenz IMF
    keine Fernleihe
    Hochschule Offenburg, University of Applied Sciences, Bibliothek Campus Offenburg
    E-Book International Monetary Fund
    keine Ausleihe von Bänden, nur Papierkopien werden versandt
    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
    e-Book International Monetary Fund eLibrary
    keine Ausleihe von Bänden, nur Papierkopien werden versandt
    Duale Hochschule Baden-Württemberg Ravensburg, Bibliothek
    E-Book IMF
    keine Fernleihe
    Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen
    keine Ausleihe von Bänden, nur Papierkopien werden versandt

     

    Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced by the pandemic to their liquidity, viability and solvency. For this purpose, we develop novel multi-factor sensitivity analysis and dynamic scenario-based stress test techniques to assess the impact of shocks on firm's ability to service their debt, and on their liquidity and solvency positions. Applying the October 2020 WEO baseline and adverse scenarios, we find that a large share of publicly-listed firms become vulnerable as a result of the pandemic shock and additional borrowing needs to overcome cash shortfalls are large, while firm behavioral responses and policies substantially help overcome the impact of the shock in the near term. Looking forward, while interest coverage ratios tend to improve over time after the initial shock as earnings recover in line with projected macroeconomic conditions, liquidity needs remain substantial in many firms across countries and across industries, while insolvencies rise over time in specific industries. To inform policy debates, we offer an approach to a triage between viable and unviable firms, and find that the needs for liquidity support of viable firms remain important beyond 2020, and that medium-term debt restructuring needs and liquidations of firms may be substantial in the medium-term

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9781513590820
    Weitere Identifier:
    Schriftenreihe: IMF working paper ; WP/21, 212
    Schlagworte: Covid-19 pandemic; corporate sector vulnerabilities; stress tests; debt restructuring; viability of firms; solvency and liquidity support policies; Banks; Corporate Finance and Governance; Depository Institutions; Micro Finance Institutions; Mortgages
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  2. Global corporate stress tests
    impact of the COVID-19 pandemic and policy responses
    Erschienen: August 2021
    Verlag:  International Monetary Fund, [Washington, D.C.]

    Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    uneingeschränkte Fernleihe, Kopie und Ausleihe

     

    Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced by the pandemic to their liquidity, viability and solvency. For this purpose, we develop novel multi-factor sensitivity analysis and dynamic scenario-based stress test techniques to assess the impact of shocks on firm's ability to service their debt, and on their liquidity and solvency positions. Applying the October 2020 WEO baseline and adverse scenarios, we find that a large share of publicly-listed firms become vulnerable as a result of the pandemic shock and additional borrowing needs to overcome cash shortfalls are large, while firm behavioral responses and policies substantially help overcome the impact of the shock in the near term. Looking forward, while interest coverage ratios tend to improve over time after the initial shock as earnings recover in line with projected macroeconomic conditions, liquidity needs remain substantial in many firms across countries and across industries, while insolvencies rise over time in specific industries. To inform policy debates, we offer an approach to a triage between viable and unviable firms, and find that the needs for liquidity support of viable firms remain important beyond 2020, and that medium-term debt restructuring needs and liquidations of firms may be substantial in the medium-term

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9781513590820
    Weitere Identifier:
    Schriftenreihe: IMF working paper ; WP/21, 212
    Schlagworte: Covid-19 pandemic; corporate sector vulnerabilities; stress tests; debt restructuring; viability of firms; solvency and liquidity support policies; Banks; Corporate Finance and Governance; Depository Institutions; Micro Finance Institutions; Mortgages
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen