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Corporate Financial Resilience

Empirical Evidence from the United States

  • Book
  • © 2023

Overview

  • Presents a detailed analysis of financial resilience in companies during crises
  • Offers empirically validated strategies for investments in resilient companies
  • Includes extensive analytical code of the performed analyses

Part of the book series: SpringerBriefs in Finance (BRIEFSFINANCE)

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About this book

This research presents a rigorous investigation of US companies' financial resilience within the S&P 500 index from the year 2000 onward. The book focuses on the process of a company's bounce back to pre-crisis levels after a disturbance, exploring resilience measured through recovery duration and various financial performance indicators. The study analyzes three significant crises faced by the US during this period - the dotcom crisis, the global financial crisis, and the pandemic crisis. Through applied cox hazard regression and panel regression, the book reveals valuable empirical insights on factors impacting corporate financial resilience, sector-specific crisis effects, and essential considerations when interpreting the results. Investors, corporations, and researchers alike will find this data-driven resource a paramount asset in navigating the complexities of financial markets and fortifying corporate financial resilience for a prosperous future.


Keywords

Table of contents (6 chapters)

Authors and Affiliations

  • medmix AG, Baar, Switzerland

    Mascha Steenblock

  • University of Lucerne, Rotkreuz, Switzerland

    Matthias Daniel Aepli, Michael Trübestein

About the authors

Mascha Steenblock is a graduate of the Master’s program in international financial management at Lucerne University (HSLU), Switzerland. She works at the treasury department of medmix AG and before she worked for Roche in a finance & corporate governance role and gained insights at Volkswagen to the treasury department among other stages within the company.

Dr. oec. HSG Matthias Daniel Aepli is a lecturer of corporate finance, risk management and real estate management at Lucerne University (HSLU). He is the author of various publications in the area of asset management, investment strategies, real estate management, corporate finance and risk management. In addition to his work in academia, he serves as a member of the board of directors and is a renowned serial entrepreneur in the field of real estate.

Prof. Dr. Michael Truebestein FRICS is a professor of real estate management and investments as well as Head of the Master of Science in Real Estate (MScRE)-program at Lucerne University (HSLU), Switzerland. Furthermore, he was elected president of the RICS in Switzerland in 2020. Michael Truebestein is the author of various publications in the area of real estate strategies, (international) real estate investments, asset management, real estate markets, and digitization. In 2014, he initiated the annual study on “Real Estate Investments and Asset Management” of institutional investors (in cooperation with the ASIP / Swiss Pension Fund Association) and carried out the world's first tokenization of a property in 2019, the “Hello World” in Baar (CH).


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