Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis:
The slowdown of economic activity caused by the COVID-19 outbreak and related emergency measures implemented to tackle the health crisis have led to severe difficulties for companies to meet their financial obligations. Many of the fixed costs, such as rents and interest payments, remain due while t...
Saved in:
| Format: | Electronic eBook |
|---|---|
| Language: | English |
| Published: |
Paris
OECD Publishing
2020
|
| Series: | OECD Policy Responses to Coronavirus (COVID-19)
|
| Subjects: | |
| Online Access: | Volltext |
| Summary: | The slowdown of economic activity caused by the COVID-19 outbreak and related emergency measures implemented to tackle the health crisis have led to severe difficulties for companies to meet their financial obligations. Many of the fixed costs, such as rents and interest payments, remain due while the cash flow destined to meet these obligations has vanished. As a result, many otherwise sound companies are facing acute liquidity constraints that eventually might become solvency problems |
| Physical Description: | 1 Online-Ressource (11 Seiten) |
| DOI: | 10.1787/b4154a8b-en |
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| language | English |
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| series2 | OECD Policy Responses to Coronavirus (COVID-19) |
| spelling | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis Organisation for Economic Co-operation and Development Paris OECD Publishing 2020 1 Online-Ressource (11 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Policy Responses to Coronavirus (COVID-19) The slowdown of economic activity caused by the COVID-19 outbreak and related emergency measures implemented to tackle the health crisis have led to severe difficulties for companies to meet their financial obligations. Many of the fixed costs, such as rents and interest payments, remain due while the cash flow destined to meet these obligations has vanished. As a result, many otherwise sound companies are facing acute liquidity constraints that eventually might become solvency problems Finance and Investment https://doi.org/10.1787/b4154a8b-en Verlag kostenfrei Volltext |
| spellingShingle | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis Finance and Investment |
| title | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis |
| title_auth | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis |
| title_exact_search | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis |
| title_exact_search_txtP | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis |
| title_full | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis Organisation for Economic Co-operation and Development |
| title_fullStr | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis Organisation for Economic Co-operation and Development |
| title_full_unstemmed | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis Organisation for Economic Co-operation and Development |
| title_short | Supporting businesses in financial distress to avoid insolvency during the COVID-19 crisis |
| title_sort | supporting businesses in financial distress to avoid insolvency during the covid 19 crisis |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
| url | https://doi.org/10.1787/b4154a8b-en |