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Journal of Business & Financial Affairs

ISSN: 2167-0234

Open Access

Digital Finance Experience Fewer Losses and Recover More Quickly From the COVID-19 Pandemic

Abstract

Yulia Merkoulova*

Monetary conditions have emphatically influenced the world and fundamentally affected firm endurance and development. The unexpected episode of COVID illness 2019 (Coronavirus) pandemic has caused an extreme general wellbeing emergency and crushed the worldwide economy. As a result of movement limitations and social separating prerequisites, the pandemic has prompted enormous drops in customer interest, disturbance of creation, and the decay of monetary circumstances. Under these circumstances, business endurance is vigorously compromised. As unfavourable occasions are for the most part unavoidable and have enduring effects, corporate versatility, characterized as a company's capacity to recuperate from shocks and adjust to disturbances is assuming an undeniably huge part in the endurance of associations. In like manner, it is advantageous to research the determinants of flexibility at the authoritative level with regards to enormous troublesome occurrences like the Coronavirus pandemic. Accordingly, this exploration plans to comprehend the job of computerized finance, which is ignored by scholastics contrasted with different elements, in molding corporate flexibility.

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Citations: 1726

Journal of Business & Financial Affairs received 1726 citations as per Google Scholar report

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