Skip to main content
About HEC About HEC
Summer School Summer School
Faculty & Research Faculty & Research
Purpose Day Purpose Day
Master’s programs Master’s programs
Bachelor Programs Bachelor Programs
MBA Programs MBA Programs
PhD Program PhD Program
Executive Education Executive Education
HEC Online HEC Online
About HEC
Overview Overview
Who
We Are
Who
We Are
Egalité des chances Egalité des chances
HEC Talents HEC Talents
International International
Campus
Life
Campus
Life
Sustainability Sustainability
Diversity
& Inclusion
Diversity
& Inclusion
Stories Stories
The HEC
Foundation
The HEC
Foundation
Summer School
Youth Programs Youth Programs
Summer programs Summer programs
Online Programs Online Programs
Faculty & Research
Overview Overview
Faculty Directory Faculty Directory
Departments Departments
Centers Centers
Chairs Chairs
Grants Grants
Knowledge@HEC Knowledge@HEC
Master’s programs
Master in
Management
Master in
Management
Master's
Programs
Master's
Programs
Double Degree
Programs
Double Degree
Programs
Bachelor
Programs
Bachelor
Programs
Summer
Programs
Summer
Programs
Exchange
students
Exchange
students
Student
Life
Student
Life
Our
Difference
Our
Difference
Bachelor Programs
Overview Overview
Course content Course content
Admissions Admissions
Fees and Financing Fees and Financing
MBA Programs
MBA MBA
Executive MBA Executive MBA
TRIUM EMBA TRIUM EMBA
PhD Program
Overview Overview
HEC Difference HEC Difference
Program details Program details
Research areas Research areas
HEC Community HEC Community
Placement Placement
Job Market Job Market
Admissions Admissions
Financing Financing
Executive Education
Home Home
About us About us
Management topics Management topics
Open Programs Open Programs
Custom Programs Custom Programs
Events/News Events/News
Contacts Contacts
HEC Online
Overview Overview
Degree Program Degree Program
Executive certificates Executive certificates
MOOCs MOOCs
Summer Programs Summer Programs
Youth programs Youth programs
Faculty & Research

Corporate Flexibility in a Time of Crisis - Yueran Ma

01 Oct
2020
4:00 pm
Jouy-en-Josas
English

Participate

Add to Calendar
2020-10-01T16:00:00 2020-10-01T17:00:00 Corporate Flexibility in a Time of Crisis - Yueran Ma Finance Speaker : Yueran Ma Videoconference Jouy-en-Josas

Finance

Speaker : Yueran Ma

Videoconference

We use a timely survey of US CFOs to explore the impact of three dimensions of corporate flexibility during the COVID-19 crisis. We find that workplace flexibility, namely the ability for employees to work remotely, plays a central role in firms’ employment planning during the health crisis. In addition, investment flexibility allows firms to align capital spending plans with the extent to which they can operate during the crisis. Finally, financial flexibility contributes to stronger employment and investment plans for 2020. These corporate flexibility margins perform independent functions, yet complement each other. In contrast to the role played by workplace flexibility during the 2020 health crisis, we find no such effect during the 2008 financial crisis. Our results have a wide range of implications for the ongoing transformation of the workplace.

 

Click here to download the paper

 

Participate

Add to Calendar
2020-10-01T16:00:00 2020-10-01T17:00:00 Corporate Flexibility in a Time of Crisis - Yueran Ma Finance Speaker : Yueran Ma Videoconference Jouy-en-Josas