Tag Archives: pandemic

When Companies Don’t Die: Analyzing Zombie and Distressed Firms in a Low Interest Rate Environment

By | September 7, 2021
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Last September, The Economist published an article titled “Why Covid-19 will make killing off zombie firms harder.” The article fueled an already widely debated topic and expresses general concerns that schemes put in place to help pandemic-stricken businesses to survive might exacerbate therise of the corporate undead. The ongoing crisis highlights the necessity of analyzing the ”zombification” phenomenon; a constellation in which public support schemes and bank lending activities could keep non-viable firms afloat for longer. There are several examples… Read More »

The Pandemic Crisis Shows that the World Remains Trapped in a “Global Doom Loop” of Financial Instability, Rising Debt Levels, and Escalating Bailouts

By | August 19, 2021
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In January 2020, I completed a book analyzing the financial crises that triggered the Great Depression of the 1930s and the recent Great Recession.  In that book, I argued that the world’s financial system was caught in a “global doom loop” at the beginning of 2020.  Bailouts and economic stimulus programs during and after the global financial crisis of… Read More »

AI in the Boardroom: A Revolutionary Construct?

By | August 2, 2021
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The importance of good corporate governance has received a renewed vigor over the last decade, culminating recently with the impact of the COVID-19 pandemic. Companies now, more than ever before, need to be more resilient and sustainable. Our recent paper explores the shortcomings of corporate governance and how AI may provide tools to address some of these… Read More »