Template-Type: ReDIF-Article 1.0 
Author-Name: Santanu Bhadra
Author-Name: Sougata Ray
Author-Email:  sbhadra@iimraipur.ac.in
Author-Workplace-Name:  Business Policy and Strategy, Indian Institute of Management, India
Title: Outbreak of COVID-19 - Economic Shocks and Corporate Responses in India
Abstract:  Although COVID-19 caused initial shocks to the Indian economy, a quick recovery was visible within a few months. We systematically analyze corporate responses during the lockdown period and argue that corporate resilience through proactive responses played a key role in this recovery. We find that, apart from operational continuity, Indian firms mostly focused on reducing employee costs and launching new products or services for surviving the crisis.
Classification-JEL:  I10,O16,O53
Keywords:  covid-19,india,corporate responses
Journal:  Asian Economics Letters
Pages: 1-5
Volume: 3
Issue: 2
Year:  2022
DOI:  2022/06/16
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/27114-outbreak-of-covid-19-economic-shocks-and-corporate-responses-in-india.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:66