Abstract
In this article, Mariya Ivanova reviews the accounting literature on risk management and pandemics. She finds that companies that have an explicit corporate risk management policy and experience of previous pandemics (e.g. SARS or swine flue) are more positive and perform better compared to peers. As such, companies should not only deal with COVID-19 short-term but should also carefully implement more long-term risk management practices (e.g. routines, Chief Risk Manager, specific risk committee on the board etc) to improve shareholder value.