The effects of Covid-19 related response policies on the performances of technology-driven financial services companies
- Author
- Mustafa Özer, Darko B. Vukovic, Michael Frömmel (UGent) and Serap Kamisli
- Organization
- Abstract
- This study examines the causal connections between COVID-19-related restrictions, economic support measures, and the performance of fintech enterprises with combined Granger causality and Fractional Frequency Flexible Fourier-form Toda-Yamamoto (FFFFTY) causality tests. We find the evidence of unidirectional permanent causality running from Covid-19 related government response stringency and economic supports to the performance of the technology-driven financial services (TDFSC) in most of the countries in the sample, where traditional tests fail. Our findings indicate that these companies seem to be the primary beneficiaries of Covid-19related policies (restrictions and economic support) implemented by governments to mitigate the negative impacts of the pandemic.
- Keywords
- Covid-19 related response polices, Financial services companies, Fourier ADF unit root test, Fractional frequency flexible fourier form, Toda -Yamamoto causality test
Downloads
-
(...).pdf
- full text (Published version)
- |
- UGent only
- |
- |
- 470.56 KB
-
manuscript revised.pdf
- full text (Accepted manuscript)
- |
- open access
- |
- |
- 175.50 KB
Citation
Please use this url to cite or link to this publication: http://hdl.handle.net/1854/LU-01HJKJB1W6JWQ3A2PVJ62BE0PR
- MLA
- Özer, Mustafa, et al. “The Effects of Covid-19 Related Response Policies on the Performances of Technology-Driven Financial Services Companies.” FINANCE RESEARCH LETTERS, vol. 58, no. Part D, 2023, doi:10.1016/j.frl.2023.104644.
- APA
- Özer, M., Vukovic, D. B., Frömmel, M., & Kamisli, S. (2023). The effects of Covid-19 related response policies on the performances of technology-driven financial services companies. FINANCE RESEARCH LETTERS, 58(Part D). https://doi.org/10.1016/j.frl.2023.104644
- Chicago author-date
- Özer, Mustafa, Darko B. Vukovic, Michael Frömmel, and Serap Kamisli. 2023. “The Effects of Covid-19 Related Response Policies on the Performances of Technology-Driven Financial Services Companies.” FINANCE RESEARCH LETTERS 58 (Part D). https://doi.org/10.1016/j.frl.2023.104644.
- Chicago author-date (all authors)
- Özer, Mustafa, Darko B. Vukovic, Michael Frömmel, and Serap Kamisli. 2023. “The Effects of Covid-19 Related Response Policies on the Performances of Technology-Driven Financial Services Companies.” FINANCE RESEARCH LETTERS 58 (Part D). doi:10.1016/j.frl.2023.104644.
- Vancouver
- 1.Özer M, Vukovic DB, Frömmel M, Kamisli S. The effects of Covid-19 related response policies on the performances of technology-driven financial services companies. FINANCE RESEARCH LETTERS. 2023;58(Part D).
- IEEE
- [1]M. Özer, D. B. Vukovic, M. Frömmel, and S. Kamisli, “The effects of Covid-19 related response policies on the performances of technology-driven financial services companies,” FINANCE RESEARCH LETTERS, vol. 58, no. Part D, 2023.
@article{01HJKJB1W6JWQ3A2PVJ62BE0PR,
abstract = {{This study examines the causal connections between COVID-19-related restrictions, economic support measures, and the performance of fintech enterprises with combined Granger causality and Fractional Frequency Flexible Fourier-form Toda-Yamamoto (FFFFTY) causality tests. We find the evidence of unidirectional permanent causality running from Covid-19 related government response stringency and economic supports to the performance of the technology-driven financial services (TDFSC) in most of the countries in the sample, where traditional tests fail. Our findings indicate that these companies seem to be the primary beneficiaries of Covid-19related policies (restrictions and economic support) implemented by governments to mitigate the negative impacts of the pandemic.}},
articleno = {{104644}},
author = {{Özer, Mustafa and Vukovic, Darko B. and Frömmel, Michael and Kamisli, Serap}},
issn = {{1544-6123}},
journal = {{FINANCE RESEARCH LETTERS}},
keywords = {{Covid-19 related response polices,Financial services companies,Fourier ADF unit root test,Fractional frequency flexible fourier form,Toda -Yamamoto causality test}},
language = {{eng}},
number = {{Part D}},
pages = {{5}},
title = {{The effects of Covid-19 related response policies on the performances of technology-driven financial services companies}},
url = {{http://doi.org/10.1016/j.frl.2023.104644}},
volume = {{58}},
year = {{2023}},
}
- Altmetric
- View in Altmetric
- Web of Science
- Times cited: