
The Impact of the Epidemic on Harbin Pharmaceutical Group Co.,Ltd.
- 1 The university of Southampton
* Author to whom correspondence should be addressed.
Abstract
The purpose of this paper is to study the impact of the epidemic and the psychological impact of the public on the pharmaceutical industry through financial analysis. By understanding the psychological pressure that the epidemic caused on the people and the fact that the public started to believe the rumors and blindly follow them, thus causing a mass rush of Shuanghuanglian Oral Liquid during the epidemic, people can observe its impact on Harbin Pharmaceutical Group Co., Ltd. The financial statements can more visually reflect the changes in various aspects of the company during the epidemic and study whether the impact of the Shuanghuanglian incident on the company was huge and whether there were other aspects of the impact.
Keywords
analysis and evaluation, behavioral finance, COVID-19
[1]. Richard H. Thaler. Anomalies: The Winner’s Curse [J]. The Journal of Economic Perspectives,1988, 2(1).191-202.
[2]. file:///C:/Users/Lenovo/Desktop/ On the Spreading Process of Internet Rumors. Pdf.
[3]. Wang Qianlin, Wu Meiting, Lu Yu, et al. Study on the enhancement of public media literacy under the epidemic with the example of Shuanghuanglian incident [J]. Consumer Guide, 2021(8):140-147. doi:10.12229/j.issn.1672-5719.2021.08.098.
[4]. [US] Olbert. The Psychology of Rumor [M] Translated by Liu Ping, et al. Shenyang: Liaoning Education Press, 2003:17, 94-114, 68-69.
[5]. Zhu Jinjin. A study of rumor propagation from the perspective of social psychology: the case of "Shuanghuanglian" during the COVID-19 epidemic [J]. Journal of Journalism Research,2021,12(17):68-70. doi:10.3969/j.issn.1674-8883.2021.17.025.
[6]. Du Peng. Low threshold incentive for management in HaPharma [J]. Securities Market Journal, 2021(9):30-31. doi:10.3969/j.issn.1004-6291.2021.09.007.
Cite this article
Song,S. (2023). The Impact of the Epidemic on Harbin Pharmaceutical Group Co.,Ltd.. Advances in Economics, Management and Political Sciences,16,334-343.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 2nd International Conference on Business and Policy Studies
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).