Abstract

The continuing COVID-19 crisis is informing global investors, chief finance officers, risk managers, policymakers, regulatory bodies and the public at large that natural disasters can cause economic/financial damage on a previously unprecedented scale. It is different from a potential nuclear war that no one can survive or climate risk that is slow-moving or even localized disasters (Goodell, 2020, Finance Research Letters, Vol. 35, p. 101512). One thing is for sure, for researchers and academics in finance, the crisis brings in challenges that require investigation in almost all disciplines that spin out of core corporate finance and risk management. JEL Codes: G1, G10, G21, I20, I23, I26

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