Firms’ resilience to financial constraints: The role of trade credit

Abstract

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Factors Affecting The Level of Corporate Resilience as The Impact of The Covid-19 Pandemic in Indonesia

“…Based on the results of the t-test shows that sales growth affects the corporate's resilience positively and significantly, so hypothesis 3 (H3) is accepted. This is reinforced by the results of research from [9] & [49], which explains that sales growth can describe the resilience of a corporate. Sales growth impacts the corporate's profit growth, which leads to an increase in the financial performance of a corporate.…”

“…Therefore, if companies can take responsibility for leveraging corporate governance to manage the greatest risks and change their corporate business model, then there is hope for them to survive and reduce the damage from the crisis. The corporate's resilience can be described through the corporate's sales growth [9]. Due to the pandemic crisis, COVID-19 has resulted in reduced public consumption, which will impact a corporation's total sales.…”