Understanding the implications of FinTech Peer-to-Peer (P2P) lending during the COVID-19 pandemic

Najaf, Khakan; Subramaniam, Ravichandran; Atayah, Osama F.

doi:10.1080/20430795.2021.1917225

Cited by 55 publications

(43 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Following the prior literature, we use return on assets (ROA) , return on equity (ROE) , earning per share (EPS) , price earning (PE) , Tobin’s Q ratios for the performance measurements (Najaf et al , 2021). While ROA , ROE and EPS are considered proxies for the firms’ financial performance (Kolsi and Attayah, 2018a, 2018b).…”

Section: Method Sample and Datamentioning

confidence: 99%

Impact of COVID-19 on financial performance of logistics firms: evidence from G-20 countries

Atayah

Dhiaf²,

Najaf

et al. 2021

JGOSS

Self Cite

108

View full text Add to dashboard Cite

Purpose This study aims to contribute to the extant literature on logistics by investigating the interrelationship between the financial performance of listed logistics firms and the COVID-19 and compare the logistics firms’ financial performance of G-20 countries during the pandemic period. Design/methodology/approach To conduct the confirmatory analysis by testing the hypotheses formulated for this study, data have been collected from Bloomberg of all logistics firms from G-20 countries. This paper gathered the first quarter from 2010 until the last quarter of 2020 as the research sample to examine the pandemic impact on financial performance. Findings The results show that the financial performance of logistic firms was significantly higher during 2020. Overall, the country-wise findings corroborated with the main results and the financial performance of 14 countries’ logistic firms out of 20 ones analysed has been significantly elevated, during the pandemic period. However, this paper has found out a negative financial performance of the logistics firms during the COVID-19 period in six countries (Germany, Korea, Russia, Mexico, Saudi Arabia and the UK), which support the second proposition. Research limitations/implications The study’s results were important as they highlighted the role of logistics firms in offering insights to academics, practitioners, policymakers and logistic firms’ stakeholders. For future research, this paper suggests including some other variables that might influence firm performance and that have not been considered in this study, which is a limitation, and going more deeply into the logistics sector by comparing the financial performance of the sub-sectors. Practical implications As the importance of logistics services during the pandemic period is relevant, this study may provide significant insights because the logistics firms play a crucial role by anticipating to ensure the supply of essential items such as food, medicine, then supporting for the continuity of supply chains. The view of finance impacts during the pandemic may provide insightful perspectives for logistics companies, allowing them to understand those impacts and better prepare for likely disruption events such COVID-19 pandemic. Originality/value This paper is novel considering that it is unique in evaluating logistics firms’ financial performance from a global perspective, considering the context of this historical pandemic.

show abstract

Section: Method Sample and Datamentioning

confidence: 99%

Impact of COVID-19 on financial performance of logistics firms: evidence from G-20 countries

Atayah

Dhiaf²,

Najaf

et al. 2021

JGOSS

Self Cite

108

View full text Add to dashboard Cite

show abstract

“…With these resources, they can also build partnerships with or even incorporate fintech companies into their business (Cole et al, 2019;Lee et al, 2021;Li et al, 2017). The pandemic has further boosted fintech growth and, on the other hand, made banks that are ready with a fintech-like business model to be left behind (the smaller banks) (Fu and Mishra, 2020;Najaf et al, 2021;Wu and Olson, 2020).…”

Section: Figure 2 Changes In the Relationship Between Fintech And Banksmentioning

confidence: 99%

“…Peer-to-peer lending fintech has become one of the most viable alternative credit available during the pandemic. Although many banks and financial institutions have offered online loan application services during the COVID-19 pandemic, few have developed verification of loan applications submitted online as effectively as ones developed by fintech companies (Najaf et al, 2021). This increase in the public's interest in fintech is contrary to the performance of banks during the pandemic.…”

Section: Introductionmentioning

confidence: 99%

Fintech, Banks, and the Covid-19 Pandemic: Evidence From Indonesia

Sapulette

Effendi

Santoso

2022

BEMP

View full text Add to dashboard Cite

This study investigates the relationship between fintech and banks and how this relationship is affected by the COVID-19 pandemic. We use monthly stock data of all banks consistently listed on the Indonesian Stock Exchange from February 2018 to March 2021. For fintech data, we use a total of four proxies that encompass both lending and borrowing aspects of peer-to-peer lending fintech. To provide robust results, we use five model specifications. Furthermore, we also estimate the models using both the fixed effect and the two-step system generalized method of moments estimators. To see the dynamics of the relationship between fintech and banks before and during the pandemic, we estimate one of our five models using half-yearly data for each semester from the second semester of 2018 to the second semester of 2020. Our fixed effect and two-step system generalized method of moments estimates indicate a relatively less negative impact of fintech on bigger banks. This relationship is further exemplified during the COVID-19 pandemic period. We argue that these findings have significant implications for the Indonesian financial authorities’ open banking strategy and for the future of the Indonesian financial system in general.

show abstract

“…At present, because of the impact of the pandemic, FinTech products and services face many uncertainties and unpredictable risks because many banks and financial institutions had offered online loan application services based on remote data during the COVID-19 pandemic. Najaf et al (2021) proposed that the COVID-19 had brought a drastic change in the key determinants of P2P lending. Chen et al (2021) investigated the impact of Fin-Tech products on commercial banks' performance in China.…”

Section: Influence Of Covid-19 On Fintechmentioning

confidence: 99%

Insights into financial technology (FinTech): a bibliometric and visual study

Zhang

2021

Financ Innov

View full text Add to dashboard Cite

This paper conducted a comprehensive analysis based on bibliometrics and science mapping analysis. First, 848 publications were obtained from Web of Science. Their fundamental characteristics were analyzed, including the types, annual publications, hot research directions, and foci (by theme analysis, co-occurrence analysis, and timeline analysis of author keywords). Next, the prolific objects (at the level of countries/regions, institutions, journals, and authors) and corresponding pivotal cooperative relationship networks were used to highlight who pays attention to FinTech. Furthermore, the citation structures of authors and journals were investigated, including citation and co-citation. Additionally, this paper presents the burst detection analysis of cited authors, journals, and references. Finally, combining the analysis results with the current financial environment, the challenges and future development opportunities are discussed further. Accordingly, a comprehensive study of the FinTech documents not only reviews the current research characteristics and trajectories but also helps scholars find the appropriate research entry point and conduct in-depth research.

show abstract

Understanding the implications of FinTech Peer-to-Peer (P2P) lending during the COVID-19 pandemic

Cited by 55 publications

References 31 publications

Impact of COVID-19 on financial performance of logistics firms: evidence from G-20 countries

Impact of COVID-19 on financial performance of logistics firms: evidence from G-20 countries

Fintech, Banks, and the Covid-19 Pandemic: Evidence From Indonesia

Insights into financial technology (FinTech): a bibliometric and visual study

Contact Info

Product

Resources

About