The COVID-19 Pandemic: Supply Chain Disruption, Wealth Effects and Corporate Responses

In the first quarter of 2020, amid the pandemic, many U.S. firms were unable to relocate their supply chains, leading to lower inventory, sales and operating performance. Syracuse University’s Karca D. Aral, Erasmo Giambona and Ricardo Lopez Aliouchkin discuss the impact COVID-19 had on market value and employment, and explain the steps firms took in their recovery efforts.