Goal: This examination is expected to survey the effect of COVID-19 for micro and small scale enterprise activity in southwest Ethiopia.Design / Methodology / Approach: The current study used the graphic exploration plan which includes 346 micro and small-scale enterprises. Enterprise proprietors, government authorities, and specialists were invited to answer self-administered questionnaires and information was also acquired from archive audit of different reports and exploration results zeroing. Results:The analysis revels that the outbreak of the pandemic had a negative impact on production, employment, profit, seals level, operation costs and cost of raw material by 59%, 35%, 78%, 72%, 49%, 10%, 10%, 31% and 59% respectively. The virus also has a 10% 9% and 8% impact on local government tax revenue collected from the urban, services, and construction sectors, respectively. The virus has no impact on the manufacturing industry but has a positive effect on the trading sector; finally, the outbreak had a significant impact on the enterprises supply chain with a rate of 48%. Limitations of the investigation:The examination have the accompanying constraints first; the consequences of this investigation are not summed up to different segments other than Micro and small scale enterprise. Second the investigation utilized qualitative data that can't fill the advantage of quantitative data. Thus, there must be further examination on the effect of COVID 19 in various benefit arranged and non-benefit arranged associations and even in the micro and small scale enterprise by joining other comports of operation that have not been contacted in the investigation. Practical implications:The result of this study has some important implications for micro and small scale enterprise owners and the government. In this way, the examination gives insight to micro and small scale enterprise to take activities like moving their activity to related business and creation of right now requested defensive materials. Moreover, the investigation gives insight to the government and different partners on how COVID 19 affects both the micro and small scale enterprise as well the public tax.Originality / Value: This study is the first of its kind up to authors' knowledge, and the data was collected from the most authentic sources.

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In a digital and knowledge based economy, intangible assets are predominant and their role along with age and knowledge has become key success factors for firms. However, a very little attention was given to the intangible assets in the banking sectors’ in Ethiopia and the effect still not studied yet. Therefore, the aim of this study is to empirically examine the effect of intangible assets on the financial performance and policy of 17 commercial banks in Ethiopia from the year 2017 to 2020. Return on asset and equity were used to measure the financial performance and debt as a measure of financial policy. The intangible asset is used as the main explanatory variable and asset size and liquidity as control variables. Random effect estimation technique for panel data was used. The result revealed that intangible asset has positive effect on the financial performance measured both by ROA and ROE at 5% significance level while, negative effect on the financial policy of commercial banks in Ethiopia at 1% significance level. Moreover, the study found asset size has significant and positive effect on ROA and ROE at 1% and 5% significance level respectively. Liquidity ratio has also significant positive effect on the financial performance measured both by ROA and ROE at 5% significance level. Finally, the finding revealed asset size and liquidity ratio has significant positive effect on the financial policy of commercial banks in Ethiopia at 10% and 1% significance level respectively. Therefore, the study concludes that financial performance and policy is achieved not only by using physical assets but also using intangible assets. Thus, the boards and mangers of commercial banks’ ought to plan and maintain the appropriate ratio of intangible assets to total assets for securing sustainable development in achieving the maximization of shareholders wealth and to have optimum debt.

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