Purpose: Fintech includes electronic payment services such as virtual currencies, funding, financial advisors and bots. The bank has developed a system dedicated to supporting Fintech technologies and supporting small businesses to enable them to serve the community, develop the national economy, and create new jobs and investments. The project objective is to test the relationship between FinTech and Banking performance in UAE.Methodology/ Design/ Approach: This research used a quantitative method. The population of this research was banking who are currently in UAE with a sample size of 19 banks. The impact of Fintech on banking performance in UAE is investigated in this research. Findings:The project results show a significant and positive relationship between the Fintech was positively significant about ROA. On the other hand, the finding showed that Fintech was positively significant about ROE. This finding indicate that Fintech has positive and significant effect on bank performance (ROA, ROE).Practical Implications: As the information contents of annual reports improve the usage of Financial Technology services, the implications of this study result in better-informed judgments for investors. This presents an opportunity for inventors and innovators to emerge because banks will want to increase the performance of the bank, so they will use financial technology for their services. It will also give customers the opportunity which bank is better to open an account in it Banks will be encouraged to use financial technology, because the more it is used, the more customers will turn to the bank, and the bank's performance and profits will increase.Originality/value: This study is one of the first to be conducted in the UAE. It has brought to the body of knowledge a new conversation about Fintech and its relevance to banking performance. Furthermore, undertaking such accounting research provides new insight about Fintech between developed and emerging economies, such as UAE.
Recently, the literature review represented by its previous studies have witnessed obvious development that has been become the reason to create different trends. This paper aims to considerably contribute to the area of corporate governance to be then involved in the new trends testing the role of board attributes as mechanisms of corporate governance to know whether non-financial companies in the developing economies will benefit from these mechanisms in their impact of firm profitability. Thus, the present study tested 100 non-financial companies based on their annual reports in the year of 2020 as a cross sectional study. The results of testing the variables of the current study revealed that there is a negative link between board of directors size and profitability. On the other hand, the results showed that the managers independency has no relationship with profitability. Likewise, the results revealed that risk management has no effect on profitability. This study probably could be considered as a unique study due to its new contribution that fills the gap of what have been done in the previous studies in the area of corporate governance (CG) and profitability because it tested the link between risk management and growth. Hence, according to the researchers’ knowledge, there is no research that has been dealt with the two variables that were dealt by the current study. The current study introduces evidence to many parties, such as shareholders, scholar, executives and policy makers.
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