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Keywords: capital expenditure
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Journal Articles
Journal:
Review of Corporate Finance
Review of Corporate Finance (2024) 4 (3-4): 263–291.
Published: 25 September 2024
... Expenditure and M&A levels decrease by 37% and 71% respectively during the COVID 19 pandemic. However, the impact of COVID-19 on investment is less for firms with accumulated cash. Firms at the 81st percentile of cash holdings maintain capital expenditure and acquisition at pre-COVID-19 levels. Overall...
