During a market collapse, it is strategically important for a company to be evaluated as resilient, thereby maintaining trust among investors. The authors study whether during the 2020 COVID-19 induced market crash, investors differentiate across companies based on a firm’s human capital, supply chain and operating crisis response. Using data derived from natural language processing of news around corporate responses to the coronavirus crisis, they find that companies with more positive sentiment exhibit higher institutional investor money flows and less negative returns than their competitors. This is especially true for companies with more salient responses.
COVID-19 Research Hub
Corporate resilience during COVID-19
COVID-19 Research Hub
Europe’s response to COVID-19
European real GDP is now projected to contract by 7 per cent in 2020, its biggest decline since World War II, followed by a rebound of 4.7 per cent in 2021. But the recovery’s strength will depend crucially on the course of the pandemic, people’s behavior, and the degree of continued economic policy support.
IMFOctober 22, 2020
FIS Digital – June 2020
Building better retirement systems
The global COVID-19 pandemic has highlighted the need for better risk management tools to handle longevity and ageing. This paper by Wharton's Olivia Mitchell, offers an assessment of the status quo prior the coronavirus; evaluates how retirement systems are faring in the wake of the shock; examines insurance and financial market products that may render retirement systems more resilient for the world’s ageing population; and looks at the potential role for policymakers.
Olivia MitchellJuly 21, 2020
Sustainability Digital – Sept 2020
Building back better
For the economic recovery from the COVID-19 crisis to be durable and resilient, a return to ‘business as usual’ and environmentally destructive investment patterns and activities must be avoided. To avoid this, economic recovery packages should be designed to “build back better”.
OECDJuly 15, 2020
Sustainability Digital – Sept 2020
Fiscal recovery packages and climate
As we move from the rescue to the recovery phase of the COVID-19 response, policy-makers have an opportunity to invest in productive assets for the long-term.
Oxford UniversityJuly 14, 2020
FIS Digital – June 2020
Sustainable and inclusive: recovery
As policymakers consider policy interventions to support the recovery, investors should be engaging policymakers by providing technical expertise and allocating capital to sustainable investments. A new report by PRI presents a series of recommendations for investor policy engagement and indicative proposals for action.
PRIJuly 7, 2020
FIS Digital – June 2020
Navigating a pandemic-driven crisis
A new report by Mercer, COVID-19 – Investment Governance and Strategy to Navigate a Pandemic-Driven Market Crisis, examines how large asset owners are finding ways to pursue attractive risk-adjusted investment returns while also taking investment actions to help mitigate and address the impact of the COVID-19 pandemic through investment governance.
Amanda WhiteJune 2, 2020
FIS Digital – June 2020
Infrastructure investment opportunities
During the current COVID 19 environment, investment in infrastructure should be leveraged as an opportunity to keep people employed, keep businesses afloat and to maintain the productive capacity of the economy.
DeloitteMay 27, 2020
