TY - JOUR
T1 - The COVID-19 pandemic and firm value
T2 - the mediating effect of FinTech applications
AU - Yang, Ya Chih
AU - Liu, Wu Po
AU - Shih, Kung Hong
N1 - Publisher Copyright:
© 2022, The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.
PY - 2023/1
Y1 - 2023/1
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=85141187769&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85141187769&partnerID=8YFLogxK
U2 - 10.1007/s11156-022-01112-5
DO - 10.1007/s11156-022-01112-5
M3 - Article
AN - SCOPUS:85141187769
SN - 0924-865X
VL - 60
SP - 329
EP - 344
JO - Review of Quantitative Finance and Accounting
JF - Review of Quantitative Finance and Accounting
IS - 1
ER -