Template-Type: ReDIF-Article 1.0 
Author-Name: Mengyao Fu  
Author-Name:   Huayu Shen
Author-Email:  contact.apaea@gmail.com
Author-Workplace-Name: Asia Pacific Applied Economics Association
Title: COVID-19 and Corporate Performance in the Energy Industry
Abstract:  COVID-19 has had a major impact on the global economy and the energy sector has also been significantly affected by the pandemic.. This paper studies the impact of COVID-19 on corporate performance in the energy industry and finds that COVID-19 has had a significant negative effect on the performance of energy companies. When goodwill impairment was introduced as a moderating variable, companies with goodwill impairment were more strongly affected by the pandemic. Therefore, decision makers at all levels should pay more attention to the impact of COVID-19 on energy companies and take countermeasures in order to mitigate the effects on the energy industry.
Classification-JEL:  O
Keywords:  covid-19, energy industry, corporate performance, goodwill impairment
Journal:  Energy RESEARCH LETTERS
Pages: 1-4
Volume: 1
Issue: 1
Year:  2021
DOI:  2021/06/16
File-URL:  https://erl.scholasticahq.com/api/v1/articles/12967-covid-19-and-corporate-performance-in-the-energy-industry.pdf
File-Format:  Application/pdf
Handle: RePEc:ayb:jrnerl:28