COVID-19: How did the pandemic impacted the economic-financial results of the healthcare companies included in B3?

• Autor(a) principal: Goulart, Selma Querino Cruvinel
• Data de Publicação: 2023
• Outros Autores: Oliveira, Elis Regina de, Santos, Geovane Camilo, Paranaiba, Alexandre de Carvalho, Ferreira Neto, Brasilino José
• Tipo de documento: Artigo
• Idioma: eng; por
• Título da fonte: Contextus (Fortaleza. Online)
• Texto Completo: http://periodicos.ufc.br/contextus/article/view/81813
• topic: pandemic; covid-19; stakeholders; performance indicators; stock exchange; pandemia; covid-19; stakeholders; indicadores de desempenho; bolsa de valores; pandemia; covid-19; stakeholders; indicadores de rendimiento; bolsa de valores

This study aims to verify the influence of the pandemic on the economic and financial results of the companies included in the health sub-sectors of B3. The sample consisted of 22 companies with data treated by test Wilcoxon and panel regression. The results indicate that the firms were able to meet their short- and long-term obligations. The medical services subsector (hospitals, analysis, and diagnostics) showing the worst results with significant increase in third-party capital and a reduction in net margin and profitability. This study expands on the scarce literature on the health sector, which is critical to the well-being and economy of Brazilians and evidence to stakeholders that economic-financial results differs between subsectors.