探讨信息通信技术扩散对欧洲银行业的影响:新冠疫情前后的证据

Q3 Economics, Econometrics and Finance

Journal of Financial Management Markets and Institutions Pub Date : 2022-01-29 DOI:10.1142/s2282717x21500109

A. Cicchiello, M. Cotugno, S. Monferrà, S. Perdichizzi

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引用次数: 1

摘要

根据汤森路透旗下Refinitiv的每日数据，我们调查了信息和通信技术(ICT)在2019冠状病毒病大流行期间对欧洲银行业盈利能力和风险的影响。具体而言，我们实证研究了2020年1月1日至2020年3月31日期间ICT扩散是否以及如何影响银行股票收益、信用违约互换(CDS)价差和市场波动。我们的证据表明，信息通信技术改善了银行的绩效指标并降低了风险。这些影响在covid -19后时期更为显著。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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EXPLORING THE IMPACT OF ICT DIFFUSION IN THE EUROPEAN BANKING INDUSTRY: EVIDENCE IN THE PRE- AND POST-COVID-19

Based on daily data from Thomson Reuter’s Refinitiv, we investigate the effect of information and communication technology (ICT) on the profitability and risk of the European banking industry during the COVID-19 pandemic. Specifically, we empirically examine whether and how ICT diffusion affects banks’ stock return, credit default swaps (CDS) spreads and market volatility over the period spanning from January 1, 2020, to March 31, 2020. Our evidence demonstrates that ICT improves banks’ performance measures and reduces risks. These effects are more significant in the post-COVID-19 period.

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来源期刊

Journal of Financial Management Markets and Institutions Economics, Econometrics and Finance-General Economics, Econometrics and Finance

CiteScore

1.30

自引率

0.00%

发文量

审稿时长

12 weeks