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Impact of COVID-19 on Organizational Support in Financial Technology

Author

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  • Christian Herdinata

    (School of Business and Management, Universitas Ciputra Surabaya, CitraLand CBD Boulevard, Surabaya 60219, Indonesia)

  • Fransisca D. Pranatasari

    (Faculty of Economics, Sanata Dharma University, Yogyakarta 55281, Indonesia)

Abstract

The purpose of this research is to determine the organizational support and role played by MSME owners who have businesses based on financial technology during the COVID-19 and earlier periods. It also aims to determine the priorities that need to be considered in organizations in various conditions through fintech-based training. This is an experimental research with training given to the experimental group and none to the control. A paired-samples t -test analysis technique was used to determine the significant differences in the same group under different conditions. The result showed that fintech-based training is important in supporting organizations in the business groups that received training and those that have significant differences. Therefore, this training is needed, especially during crises such as the COVID-19 pandemic.

Suggested Citation

  • Christian Herdinata & Fransisca D. Pranatasari, 2022. "Impact of COVID-19 on Organizational Support in Financial Technology," Economies, MDPI, vol. 10(8), pages 1-14, July.
    • Handle: RePEc:gam:jecomi:v:10:y:2022:i:8:p:183-:d:874305
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    References listed on IDEAS

    as
    1. Ghesquiere,Francis & Mahul,Olivier, 2010. "Financial protection of the state against natural disasters : a primer," Policy Research Working Paper Series 5429, The World Bank.
    2. Raul Santaeulalia-Llopis, 2008. "Aggregate Effect of AIDS on Development," 2008 Meeting Papers 533, Society for Economic Dynamics.
    3. Josiane Fahed-Sreih & Abdul-Nasser El-Kassar, 2017. "Strategic Planning, Performance And Innovative Capabilities Of Non-Family Members In Family Businesses," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(07), pages 1-24, October.
    4. Tut, Daniel, 2023. "FinTech and the COVID-19 pandemic: Evidence from electronic payment systems," Emerging Markets Review, Elsevier, vol. 54(C).
    5. Goodell, John W., 2020. "COVID-19 and finance: Agendas for future research," Finance Research Letters, Elsevier, vol. 35(C).
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    Cited by:

    1. Claude Bernard Lontchi & Baochen Yang & Kabir Musa Shuaib, 2023. "Effect of Financial Technology on SMEs Performance in Cameroon amid COVID-19 Recovery: The Mediating Effect of Financial Literacy," Sustainability, MDPI, vol. 15(3), pages 1-15, January.

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