Insolvency and debt overhang following the COVID‑19 outbreak: Assessment of risks and policy responses

Organisation for Economic Co-operation and Development2026-04-11 收录

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This policy brief investigates the likelihood of corporate insolvency and the potential implications of debt overhang of non-financial corporations associated with the Coronavirus (COVID-19) outbreak. Based on simple accounting exercises, it evaluates the extent to which firms may deplete their equity buffers and increase their leverage ratios in...