E44, E63, G32 Business Performance, COVID-19, Governance Policy Responses Authors' individual contribution: Conceptualization -T.T.T.N. and H.M.L., Methodology -T.T.T.N. and H.H.N., Validation -T.T.T.N. and M.T.H.N., Investigation -T.T.T.N. and H.M.L., Resources -H.M.L. and M.T.H.N., Data Curation -M.T.H.N. and H.H.N., Writing -Original Draft -H.M.L., M.T.H.N., and H.H.N., Writing -Review & Editing -T.T.T.N., Visualization -T.T.T.N., Supervision -T.T.T.N, Business Performance, COVID-19, Governance Policy Responses