Cargando…
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...
Autores principales: | , , |
---|---|
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 |
_version_ | 1784824168885256192 |
---|---|
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. |
format | Online Article Text |
id | pubmed-9633011 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Springer US |
record_format | MEDLINE/PubMed |
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 |
work_keys_str_mv | AT yangyachih thecovid19pandemicandfirmvaluethemediatingeffectoffintechapplications AT liuwupo thecovid19pandemicandfirmvaluethemediatingeffectoffintechapplications AT shihkunghong thecovid19pandemicandfirmvaluethemediatingeffectoffintechapplications AT yangyachih covid19pandemicandfirmvaluethemediatingeffectoffintechapplications AT liuwupo covid19pandemicandfirmvaluethemediatingeffectoffintechapplications AT shihkunghong covid19pandemicandfirmvaluethemediatingeffectoffintechapplications |