Impact of COVID-19 on the credit rating of companies by separate industry

Iranian Journal of Accounting, Auditing and Finance

مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 28 تیر 1404

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.2025.87066.1455

نویسندگان

Seyed Ali Hosseini^{* 1}؛ Golshan Mohammadi Khanghah²

¹Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran

²Faculty of Social Sciences and Economics, Alzahra university, Tehran, Iran

چکیده

Subject: The business environment of companies is very competitive, In order to attract resources, one of the most essential factors is credit risk. Considering the importance of credit risk from different points of view, it is important to identify the factors that affect it.this research investigates the impact of COVID-19 on credit risk of companies by separate industries to identify the sectors that need government support and help to improve the economic situation.

Methodology: This paper used 298 companies admitted to the Iranian capital market between 2019 and 2020.

Findings: The results of this research showed; in the Automobiles industry and parts, essential metals, and chemical products, credit rating is increased.

Conclusions: Considering the increase in the credit rating of companies in some industries, it can be concluded that the occurrence of other factors at the same time as the spread of COVID-19 has an impact on the credit rating, including inflation, the increase in the price of the dollar, withdrawal from the JCPOA, and Economic variables and conditions.

کلیدواژه‌ها

Credit rating؛ credit risk؛ COVID-19