Response to “What happened to financially sustainable firms in the corona crisis?”

As of this writing, coronavirus continues to pose significant health and economic concerns for almost all the world’s citizenry. Researchers across the globe are searching for insight into the pandemic’s short- and long-term effects on social, economic and environmental challenges —the three pillars of sustainability. This paper seeks to illuminate one piece of the puzzle, i.e., the economic performance of portfolios of firms identified as “financially sustainable” before and during the first three months of the COVID-19 crisis. …