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Bài báo - Tạp chí
14 (2020) Trang: 535 - 548
Tạp chí: International Journal of Innovation, Creativity and Change.

The study compares the value and performance between the finance industry and the technology industry before and after considering the impact of innovation. Data is collected from audited financial statements of 9 technological companies and 14 financial institutions on the Vietnam Stock Exchange for the period 2011-2019. T-Test is used to examine the difference between two industries, and the linear regression models for testing the impact of innovation on value and performance. Research findings show that, in most cases, innovation has a significant positive impact on value and performance, and innovation makes a change in the difference in firm value and firm performance between the two industries by bringing more benefits for the finance industry than the technology industry. Besides that, the findings open new research horizons in the performance, value, and innovation of the fintech company, which is a hybrid company of finance and technology.

 


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