The Impact of COVID-19 on the Financial Performance of Firms in the Kingdom of Saudi Arabia
نویسندگان
چکیده
COVID-19 pandemic has been highly detrimental to both the overall economy and financial performances of firms in all sectors. It placed increased pressure on manufacturing capacity supply chains throughout world, but it also provided new opportunities for logistics industry make advancements ecommerce. This study analyses performance 130 Saudi that listed Stock Exchange order explore those dynamics which belong following sectors (energy, material, industrials, consumer discretionary, communication services, staples, healthcare, financial, information technology utilities). To facilitate comparison between several ratios 2019 2020, Wilcoxon Signed Rank test was conducted. determined there no improvement any sample during this time, is reassuring businesses Arabia, as over same period, Economy shrunk. These findings are useful plan Covid-19 like disruptions future.
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ژورنال
عنوان ژورنال: Global journal of economics and business
سال: 2023
ISSN: ['2519-9285', '2519-9293']
DOI: https://doi.org/10.31559/gjeb2023.13.1.4