Autor: |
ANTONELLA FRANCESCA CICCHIELLO, MATTEO COTUGNO, STEFANO MONFERRÀ, SALVATORE PERDICHIZZI |
Přispěvatelé: |
CICCHIELLO, ANTONELLA FRANCESCA, COTUGNO, MATTEO, MONFERRÀ, STEFANO, PERDICHIZZI, SALVATORE, Antonella Francesca Cicchiello, Matteo Cotugno, Stefano Monferrà, Salvatore Perdichizzi |
Jazyk: |
angličtina |
Rok vydání: |
2022 |
Předmět: |
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Zdroj: |
Journal of Financial Management, Markets and Institutions, Vol 09, Iss 02 (2021) |
Popis: |
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. |
Databáze: |
OpenAIRE |
Externí odkaz: |
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