Honor’s College Freeman Research Journal

Date of Award

Fall 12-2022

Document Type

Thesis

Department

Business Administration

First Advisor

Dr. Mayur Desai

Abstract

With the advent of COVID 19, there was widespread adaptation of various measures meant to alleviate the spread and risks associated with the disease. Businesses were adversely affected by the regulations adapted by governments such as the requirements for social distancing which translated to mandatory temporary closures of boarders and business. There has been fragmented research regarding the impacts of COVID 19 on the collapse of corporates within the United States. The current research evaluates the role of COVID 19 on the collapse of corporations and their profitability by evaluating various indicators of profitability such as the stock market valuation during the period. My research identifies that the stocks for corporations in the US were adversely affected by COVID 19 as a result of low business activities. The results have implications for the management of similar situations in the future including adaptation of crisis management teams, as well as leveraging on government funding programs to sustain businesses that might experience challenges with cash flow.

Included in

Business Commons

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