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The COVID-19 pandemic and firm value: the mediating effect of FinTech applications

This study investigates the impact of the COVID-19 pandemic on firm value and the mediating effect of financial technology (FinTech) applications. Examining the U.S.-listed domestic and foreign firms, we find the negative association between the severity of the virus pandemic and firm value. However...

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Detalles Bibliográficos
Autores principales: Yang, Ya-Chih, Liu, Wu-Po, Shih, Kung-Hong
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9633011/
http://dx.doi.org/10.1007/s11156-022-01112-5
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author Yang, Ya-Chih
Liu, Wu-Po
Shih, Kung-Hong
author_facet Yang, Ya-Chih
Liu, Wu-Po
Shih, Kung-Hong
author_sort Yang, Ya-Chih
collection PubMed
description This study investigates the impact of the COVID-19 pandemic on firm value and the mediating effect of financial technology (FinTech) applications. Examining the U.S.-listed domestic and foreign firms, we find the negative association between the severity of the virus pandemic and firm value. However, we also show the evidence that FinTech applications alleviate the negative impact of the COVID-19 pandemic on firm value. These findings provide important implications for global regulators, investors, and managers.
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spelling pubmed-96330112022-11-04 The COVID-19 pandemic and firm value: the mediating effect of FinTech applications Yang, Ya-Chih Liu, Wu-Po Shih, Kung-Hong Rev Quant Finan Acc Original Research This study investigates the impact of the COVID-19 pandemic on firm value and the mediating effect of financial technology (FinTech) applications. Examining the U.S.-listed domestic and foreign firms, we find the negative association between the severity of the virus pandemic and firm value. However, we also show the evidence that FinTech applications alleviate the negative impact of the COVID-19 pandemic on firm value. These findings provide important implications for global regulators, investors, and managers. Springer US 2022-11-03 2023 /pmc/articles/PMC9633011/ http://dx.doi.org/10.1007/s11156-022-01112-5 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2022, Springer Nature or its licensor holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Original Research
Yang, Ya-Chih
Liu, Wu-Po
Shih, Kung-Hong
The COVID-19 pandemic and firm value: the mediating effect of FinTech applications
title The COVID-19 pandemic and firm value: the mediating effect of FinTech applications
title_full The COVID-19 pandemic and firm value: the mediating effect of FinTech applications
title_fullStr The COVID-19 pandemic and firm value: the mediating effect of FinTech applications
title_full_unstemmed The COVID-19 pandemic and firm value: the mediating effect of FinTech applications
title_short The COVID-19 pandemic and firm value: the mediating effect of FinTech applications
title_sort covid-19 pandemic and firm value: the mediating effect of fintech applications
topic Original Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9633011/
http://dx.doi.org/10.1007/s11156-022-01112-5
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