Examining the effect of Covid-19 on Firm Performance: Pakistan Perspective
DOI:
https://doi.org/10.26652//jafr/24.01.004Keywords:
COVID-19, Firm Performance, Corporate Sector, Healthcare System, Domestic CreditAbstract
The coronavirus has significantly and noticeably impacted the global economic system, wealth, and Pakistan's economy. By considering 6 significant corporate sectors (economic groupings) of the Pakistani economy and analyzing business performance, this study and analysis aim to analyze the effects of the COVID-19 epidemic and infestation on the especially non-sector of Pakistan. The study makes use of 60 firms' quarterly firm-level data for the 2020Q2–2021Q4 period, along with data on total overall cases, active cases, and deaths from the coronavirus accessed through the National Command Operation Center (NCOC) website. It also examines the role played by Pakistan's healthcare system during this pandemic. The baseline Regression Model was employed in this study's analysis to gauge the impact's magnitude. In this study, researchers employed a baseline regression model to assess the scope of COVID-19's impacts on our business sector, both good and negative.
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