How COVID-19 Affects Corporate Financial Performance and Corporate Valuation in Bangladesh: An Empirical Study

Authors : S. M. Rifat Hassan; Masum Billah Patowary; Arijita Roy

Volume/Issue : Volume 8 - 2023, Issue 9 - September

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The COVID-19 pandemic has adversely affected the economies of the countries across the world. The economy of Bangladesh came to a standstill due to the lockdowns which have created an unprecedented economic crisis. A survey conducted by BRAC The pandemic has diminished the financial performance, i.e.,operating income, profitability, and cash flows of many listed non-financial and financial companies. Due to the closure of stock market for more than 2 months, there was huge pressure in the market to sell stocks in relation to buy stocks in the beginning of June 2020 which resulted in lower stock price. Fortunately, the stock market has started performing better. In response to COVID-19, Bangladesh government has taken several fiscal, monetary, and other policy measures. Throughout the report, we will examine the impact of COVID-19 on financial and non-financial sectors. In addition, we will see how the pandemic has affected the stock market in Bangladesh. Moreover, we will analyze how the current situation affects the corporate financial performance and corporate valuation. Finally, we will enumerate some major policy measures taken by the government in response to the pandemic and its effects on the economy.

Keywords : COVID-19; Bangladesh Economy; Corporate Financial Performance; Corporate Valuation; Government Policy.


Paper Submission Last Date
31 - December - 2023

Paper Review Notification
In 1-2 Days

Paper Publishing
In 2-3 Days

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