Almaqtari, F. A. (2024). The moderating role of IT governance on the relationship between FinTech and sustainability performance. Journal of Open Innovation Technology Market and Complexity, 10(2), 100267.
This article explores the interplay between IT governance and the adoption of FinTech solutions in enhancing sustainability performance across economic, environmental, and social dimensions. Utilizing data from Indian commercial banks and employing robust statistical methods, the study highlights how strategic IT governance can significantly amplify the positive impacts of FinTech on sustainability outcomes. This research offers valuable insights for bankers, policymakers, and technology leaders seeking to integrate FinTech innovations with sustainable practices, thereby driving economic growth, improving environmental stewardship, and fostering social responsibility. By understanding these complex dynamics, stakeholders can make more informed decisions to balance technological advancements with sustainable development goals, ultimately contributing to a more resilient and responsible financial ecosystem.
Lai, X., Yue, S., Guo, C., & Zhang, X. (2023). Does FinTech reduce corporate excess leverage? Evidence from China. Economic Analysis and Policy, 77, 281-299.
This article provides an understanding of FinTech's transformative impact on corporate finance, particularly in emerging economies like China. It explores FinTech's novel role in reducing corporate excess leverage, a crucial issue for sustainable business development and economic stability. It provides valuable regional insights applicable to other emerging markets and offers practical policy recommendations for leveraging FinTech to enhance economic stability and corporate governance. The research highlights how FinTech mitigates financing constraints and improves stock liquidity, thereby alleviating excess leverage. It also includes rigorous empirical analysis, robustness tests, and heterogeneity analysis, providing credible evidence and practical solutions for corporate managers and financial officers. Additionally, it examines the differential impact of FinTech on state-owned versus private enterprises, offering nuanced perspectives for targeted strategies and suggesting future research directions in this field.
Najaf, K., Chin, A., Fook, A. L. W., Dhiaf, M. M., & Asiaei, K. (2023). Fintech and corporate governance: At times of financial crisis. Electronic Commerce Research, 24(1), 605–628.
This article explores the critical role of Big Four auditors as a facet of corporate governance and its impact on the market performance of FinTech and non-FinTech firms during the COVID-19 pandemic. The study reveals that FinTech firms, especially those audited by Big Four auditors, experienced significantly poorer market performance compared to their non-FinTech counterparts during the pandemic. This highlights the potential negative influence of high-profile auditors on FinTech firms in crisis periods. The research underscores the importance of tailored corporate governance practices and provides vital insights for policymakers, investors, and industry practitioners on managing governance structures effectively during financial crises. By filling a significant gap in the existing literature, this study offers valuable empirical evidence on the interplay between corporate governance and market performance in the FinTech sector amidst unprecedented economic disruptions.
Sun, R., & Zhang, B. (2023). Can FinTech make corporate investments more efficient? A study on financing constraints and agency conflicts. Economic Research-Ekonomska Istraživanja, 36(3).
This article delves into the transformative impact of FinTech on corporate investment efficiency. By analyzing data from Chinese A-share listed corporations and FinTech development levels across 293 cities from 2011 to 2020, the study reveals that FinTech significantly enhances investment efficiency in the long term. The research highlights how FinTech alleviates under-investment due to financing constraints and curbs over-investment driven by agency conflicts, with a stronger inhibitory effect on the latter. Notably, the benefits of FinTech are more pronounced in non-state, growth-phase corporations and those with weaker governance structures. This comprehensive study provides valuable insights for policymakers, financial institutions, and corporations on leveraging FinTech for improved capital allocation and economic development, making it a crucial read for anyone interested in the intersection of technology and finance.
