Breadcrumbs

WMS Academic Seminar Series: 'The COVID-19 pandemic and firm-financing: Does environmental performance really matter?'

Date Thursday 25 August 2022
Time 12pm - 1pm
Where MSB 4.02
Presenter Dr Nirosha Hewa Wellalage and Dr Vijay Kumar
Contact Olivia Murray
Contact email oliviam@waikato.ac.nz
Admission Cost Free

Waikato Management School invites you to attend a free seminar on 25 August, presented by two of our senior finance lecturers - Dr Nirosha Hewa Wellalage, and Dr Vijay Kumar.

The topic of the seminar is: 'The COVID-19 pandemic and firm-financing: Does environmental performance really matter?'

It is clear that a number of industries across the world have been affected by the COVID-19 pandemic. However, it is unclear whether firms with better environmental performance have outperformed others during the pandemic.

To assess this, using data from 11,187 unlisted firms in 16 economies, Dr Wellalage and Dr Kumar have examined the relationship between environmental performance and firm debt and equity financing during the COVID-19 pandemic.

Their study found that better environmental performance by firms increased their probability of accessing bank and equity financing during the COVID-19 pandemic. They also found that the impact of a firm’s environmental performance on financing is more pronounced in large firms and firms in COVID-19 sensitive industries.

Dr Nirosha Hewa Wellalage spent several years working in the finance industry before becoming an academic at the University of Waikato. Her research is focused on issues related to corporate finance practices.

Her main research goal as a researcher is to explore the ways that marginalised firms - such as SMEs, firms owned by females,  ethnic minorities and refugees - finance their business venture and find ways to become sustainable in the long run, while also contributing to their community's economic development.

Dr Vijay Kumar’s current research focuses on banking performance, bank efficiency, bank liquidity, financial inclusion, agribusiness, and housing economics.

He gained his PhD from the University of Waikato in 2018 with a thesis entitled 'The profitability of banking sectors in the Asia-Pacific region and their contributions to economic growth'. He also has a master’s degree from the University of Bradford, United Kingdom.

Everyone is welcome to attend this seminar, no registration is required, just come along on the day!

You can also attend online at: https://waikato.zoom.us/j/85754232865