Impacts of the Covid-19 pandemic on the profitability and stock liquidity of financial and insurance companies listed on the Vietnamese stock market
Published: July 23, 2026
Abstract
This study uses panel data-based regression analysis to assess the impact of the COVID-19 pandemic on the profitability and stock liquidity of 45 financial and insurance companies listed on the Ho Chi Minh City Stock Exchange (HoSE) and Hanoi Stock Exchange (HNX) over the period from January 30, 2020, to August 10, 2021. The study’s results show that an increase in the number of COVID-19 cases negatively affects stock profitability and liquidity, while the number of deaths has a positive effect on stock profitability and has almost no impact on stock liquidity.
Keywords
profitabilityliquidityCOVID-19insurance and finance
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