Foreign, Commonwealth & Development Office

11/22/2024 | Press release | Distributed by Public on 11/22/2024 04:34

Factors moderating the impact of the COVID 19 pandemic on large scale firms in Nepal

Factors moderating the impact of the COVID-19 pandemic on large-scale firms in Nepal

Uses data enumerated from 102 large-scale firms in Nepal.

From: Foreign, Commonwealth & Development Office Published 31 July 2024
Country: Nepal Document Type: Journal Article Theme: Economic Growth, Health Authors: Thapa, A

Abstract

The coronavirus disease (COVID-19) pandemic ruthlessly affected almost all aspects of human life, the industrial sector as well. Despite the severe effects of the pandemic on large-scale firms, the intensity of the impacts on them has not been uniform; different firms have been affected to different degrees. Using data enumerated from 102 large-scale firms in Nepal, this study has assessed the impact of the COVID-19 pandemic on large-scale firms and identified the factors moderating its impact on large-scale firms. The study revealed that the COVID-19 pandemic had negative impacts on the production, sales, and profit of large-scale firms in Nepal. The study disclosed that the age, sex, educational qualification, work experience, managerial skills and managerial foresight of the managers or higher authorities, age of the firm, total capital, type of ownership and sector of firms were the key factors moderating the impact of the COVID-19 pandemic on the large-scale firms.

This article is part of the Private Enterprise Development in Low Income Countries (PEDL) programme.

Citation

Thapa A. 'Factors moderating the impact of the COVID-19 pandemic on large-scale firms in Nepal' International Journal of Social Sciences and Management 2024

Links

Factors moderating the impact of the COVID-19 pandemic on large-scale firms in Nepal

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Published 31 July 2024