Kevin Rageth
École Polytechnique Fédérale de Lausanne
3 Papers
12 Citations
Kevin Rageth is an academic researcher from École Polytechnique Fédérale de Lausanne. The author has contributed to research in topics: Revenue & Flexibility (engineering). The author has an hindex of 2, co-authored 3 publications. Previous affiliations of Kevin Rageth include Swiss Finance Institute.
Chat about Author
Papers
How Valuable is Financial Flexibility When Revenue Stops? Evidence from the Covid-19 Crisis
TL;DR: The COVID-19 shock creates a sudden temporary sharshortfall in revenue for firms as discussed by the authors, and they expect firms with greater financial flexibility to be better able to fund.
•Posted Content
How Valuable is Financial Flexibility when Revenue Stops? Evidence from the COVID-19 Crisis
TL;DR: This paper found that firms with high financial flexibility experienced a stock price drop lower by 26% or 9.7 percentage points than those with low financial flexibility, while firms with greater financial flexibility were better able to fund themselves in the presence of a revenue shortfall and to benefit less from the news concerning policy responses to the crisis.
324
How Valuable is Financial Flexibility When Revenue Stops? Evidence from the COVID-19 Crisis
Rüdiger Fahlenbrach,Rüdiger Fahlenbrach,Kevin Rageth,Kevin Rageth,René M. Stulz,René M. Stulz +5 more
TL;DR: This paper found that firms with high financial flexibility within an industry experience a stock price drop lower by 26% or 9.7 percentage points than those with low financial flexibility, and this differential return persists as stock prices rebound.