The Impact of COVID-19 on the Credit Rating of Companies by Separate Industry

Iranian Journal of Accounting, Auditing and Finance

مقاله 10، دوره 10، شماره 1 - شماره پیاپی 34، بهار 2026، صفحه 209-218   

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.2026.47041.1455

نویسندگان

Seyed Ali Hosseini^* ؛ Golshan Mohammadi Khanghah

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

چکیده

Credit risk is an essential factor for attracting resources in a competitive business environment. This research investigated the impact of COVID-19 on companies' credit risk across industries to identify sectors that need government support and help improve the economic situation. This paper used 298 companies admitted to the Iranian capital market between 2019 and 2020. According to this research, credit ratings have increased in the automobile industry, parts, and essential metals. Given the increase in credit ratings in some industries, it can be concluded that other factors, such as inflation, the rise in the dollar, the withdrawal from the JCPOA, and economic variables, also affected credit ratings as COVID-19 spread.

کلیدواژه‌ها

Credit rating؛ credit risk؛ COVID-19

مراجع