IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

IMPACT OF COVID-19 ON INDIAN STOCK MARKET AND CORPORATE GOVERNANCE POLICY

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Anuj Pandey, Khushboo Hussain and Dr. Hariom Gupta

Abstract

Many industries have been badly affected due to the covid-19 pandemic. The business of the companies is expected to register poor growth. The financial performance of the organization will remain very sluggish in the coming few quarters and half-months. It has had a positive impact in some industries. On the other hand, since the covid19 has arrived, the corporate board faced difficulty in decision making. For example, let’s take a question on dividend payment: before covid19, the decision would be straightforward to applying the dividend policy from past practices or on shareholders expectations or on the basis of companies earning however post covid19, it’s complex to take decision as the economy has crashed and it has been difficult to balance multiple factors.

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