Corporate Finance, Healthcare, Operations, Risk Management
Finance Press Release
Bringing Epidemiology to Economics: When Risk Mitigation Pays Off
New research from Columbia Business School’s Chong Khoon Lin Professor of Real Estate Neng Wang finds that when firms take precautions to mitigate COVID-19 risks early – such as testing employees, implementing social distancing protocols, and implementing health checks – companies may face initial losses, but in the long run, perform better than those that didn’t mitigate.