Please use this identifier to cite or link to this item:
http://hdl.handle.net/10071/28188
Author(s): | Penela, D. Palma, M. |
Date: | 2023 |
Title: | Risk factor disclosures in the US Airline Industry following the COVID-19 pandemic |
Journal title: | Risks |
Volume: | 11 |
Number: | 2 |
Reference: | Penela, D., & Palma, M. (2023). Risk factor disclosures in the US Airline Industry following the COVID-19 pandemic. Risks, 11(2), 34. http://dx.doi.org/10.3390/risks11020034 |
ISSN: | 2227-9091 |
DOI (Digital Object Identifier): | 10.3390/risks11020034 |
Keywords: | Risk reporting Aviation industry Leximancer United States of America COVID-19 Pandemic |
Abstract: | This study examines how airlines in the United States report risk at a difficult and uncertain time as a result of the COVID-19 pandemic. The fundamental differences between the years 2019 and 2020 are identified using Leximancer, which is used to locate the key ideas and themes addressed in the risk reporting sections. Following the pandemic, the themes that addressed generic and recurring hazards were afforded less weight than themes that highlighted risks particular to day-to-day business and the stock market. The findings also point to the need for corporations to disclose future-oriented risks more fully in post-COVID-19 reporting, with an emphasis on unpredictability, stock volatility, and operational disruption. This study adds to the body of knowledge on risk profiling, particularly as it relates to the airline business, and it offers stakeholders and investors a glimpse into the general concerns of airlines. The inherent information imbalance between management and investors is lessened and transparency is increased because of this improved understanding of the market. |
Peerreviewed: | yes |
Access type: | Open Access |
Appears in Collections: | BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica |
Files in This Item:
File | Size | Format | |
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article_94651.pdf | 1,82 MB | Adobe PDF | View/Open |
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