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

被引:6
作者
Yang, Ya-Chih [1 ,2 ,3 ]
Liu, Wu-Po [1 ,2 ,3 ]
Shih, Kung-Hong [1 ,2 ,3 ]
机构
[1] Natl Cheng Kung Univ, Sch Management, Dept Accountancy, Tainan, Taiwan
[2] Natl Cheng Kung Univ, Sch Management, Grad Inst Finance, Tainan, Taiwan
[3] Natl Cheng Kung Univ, Ctr Innovat FinTech Business Models, Tainan, Taiwan
关键词
Virus pandemic; Firm value; FinTech; COVID-19; IMPACT; SARS;
D O I
10.1007/s11156-022-01112-5
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
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.
引用
收藏
页码:329 / 344
页数:16
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