• Title/Summary/Keyword: COVID-Pandemic

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The Reaction of the Malaysian Stock Market to the COVID-19 Pandemic

  • Mehmood, Waqas;Mohd-Rashid, Rasidah;Aman-Ullah, Attia;Shafique, Owais;Tajuddin, Ahmad Hakimi
    • Journal of Contemporary Eastern Asia
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    • v.20 no.2
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    • pp.63-84
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    • 2021
  • The present study was conducted to understand the turmoil effects of COVID-19 pandemic on the Malaysian stock market during the different periods of the Movement Control Order (MCO). The present study was based on the secondary data extracted from the DataStream and Bloomberg from 2nd January 2020 to 29th May 2020 to evaluate the effects of COVID-19 pandemic on the Malaysian stock market. The findings suggested that during the different periods of the Movement Control Order (MCO) from the 1st January to 29th May 2020, the COVID-19 pandemic adversely affected the performance of KLCI index and all sectoral indices. The weakest performance indices were energy, property, and finance while the least affected indices were healthcare, technology, telecommunications, and media. This paper provides a review of the impacts of COVID-19 pandemic on the Malaysian stock market throughout the different periods of MCO.

The Role of Information and Communication Technology to Combat COVID-19 Pandemic: Emerging Technologies, Recent Developments and Open Challenges

  • Arshad, Muhammad
    • International Journal of Computer Science & Network Security
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    • v.21 no.4
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    • pp.93-102
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    • 2021
  • The world is facing an unprecedented economic, social and political crisis with the spread of COVID-19. The Corona Virus (COVID-19) and its global spread have resulted in declaring a pandemic by the World Health Organization. The deadly pandemic of 21st century has spread its wings across the globe with an exponential increase in the number of cases in many countries. The developing and underdeveloped countries are struggling hard to counter the rapidly growing and widespread challenge of COVID-19 because it has greatly influenced the global economies whereby the underdeveloped countries are more affected by its devastating impacts, especially the life of the low-income population. Information and Communication Technology (ICT) were particularly useful in spreading key emergency information and helping to maintain extensive social distancing. Updated information and testing results were published on national and local government websites. Mobile devices were used to support early testing and contact tracing. The government provided free smartphone apps that flagged infection hotspots with text alerts on testing and local cases. The purpose of this research work is to provide an in depth overview of emerging technologies and recent ICT developments to combat COVID-19 Pandemic. Finally, the author highlights open challenges in order to give future research directions.

Rebuilding Operational Risk Management Capabilities: Lessons Learned from COVID-19

  • JADWANI, Barkha;PARKHI, Shilpa;KARANDE, Kiran;BARGE, Prashant;BHIMAVARAPU, Venkata Mrudula;RASTOGI, Shailesh
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.249-261
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    • 2022
  • Globally, COVID-19 has significantly impacted many different organizations and people. From the banks' perspective, this pandemic has affected banks' corporate and retail customers. Also, banks had to adjust to distributed workforce model. This paper analyses the lessons learned from the COVID-19 pandemic, which can be effectively used to rebuild banks' Operational Risk Management capabilities. The present study used the survey research methodology, which includes structured questionnaires completed by senior banking professionals to analyze the learnings from COVID-19 and understand the distributed workforce model and remote working effectiveness. Findings: The Pandemic accelerated the pace of digital transformation. The lockdown imposed due to the pandemic led to employees working remotely, which has been effective because of enhanced digital capabilities. However, enhanced monitoring is required to prevent data-related issues, and action needs to be taken to address challenges faced in having a remote distributed workforce model, like negative impact on on-the-job learning, data-related risks, and employee wellbeing. COVID-19 is an unprecedented event that could not have been predicted in any scenario analysis. This crisis has highlighted various systemic drawbacks that need to be addressed. Banks can apply the lesson learned from this Pandemic to become more robust in the future.

Understanding Post-Pandemic Travel Intention: Boredom as a Key Predictor (포스트 팬데믹 여행 의도에 관한 연구 : 코로나에 대한 지루함을 중심으로)

  • Park, Jun Sung;Park, Heejun
    • Journal of Korean Society for Quality Management
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    • v.52 no.1
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    • pp.1-21
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    • 2024
  • Purpose: This study seeks to explore the impact of COVID-19-induced boredom, a prevalent form of pandemic-related stress, on travel motivation and post-pandemic travel intentions. Additionally, it examines the interplay among travel motivation, travel constraints, and the willingness to pay more for travel experiences in the post-pandemic context. Methods: A PLS-SEM analysis was conducted to analyze the data. Data collection took place through an online survey in February and March 2021, with a total of 575 respondents participating. Participants provided responses regarding their current levels of boredom due to COVID-19, five different travel motivations, seven travel constraints, and their post-pandemic travel intentions. Additionally, participants were asked about their willingness to pay more for travel. Results: This study highlights the significant role of COVID-19-induced boredom in predicting post-pandemic travel intentions and the willingness to pay more for travel. Contrary to previous perceptions, boredom emerges as a driving factor, enhancing travel intentions during the pandemic. Additionally, relaxation becomes the primary motivation for travel during COVID-19, and structural constraints exert a noticeable impact on travel intentions, challenging previous assumptions. Stress levels directly influence the willingness to pay more during travel experiences, expanding the understanding of additional payment behavior in the context of travel. Conclusion: This study offers practical insights for tourism stakeholders. Recognizing and addressing boredom in marketing strategies, implementing aggressive additional payment options, and focusing on relaxation-oriented travel products are recommended to cater to post-pandemic traveler preferences and revive the tourism industry effectively.

Does Trust Matter to Use Hotel Service Robot in COVID-19 Pandemic?

  • Hee Chung Chung;Namho Chung
    • Journal of Smart Tourism
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    • v.3 no.2
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    • pp.5-13
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    • 2023
  • Because of increasing anxiety about infectious diseases and the demand for contactless service caused by the COVID-19 pandemic, it has become crucial for the tourism and hospitality sector to understand customers' psychological mechanism of contactless service during and post COVID-19. Thus, this paper proposes a conceptual model by integrating trust in the framework of the behavioral immune system. Interestingly, our study found that anxiety about infectious diseases during the COVID-19 pandemic has not only increased hotel customers' desire for contactless service and changed their behavioral intentions, but it has also impacted customers' trust in hotel service robots. Therefore, irrespective of how the hotel service environment changes, trust in technology has become the most fundamental factor for hotel customers' attitudes toward adopting technology. Based on the results, this paper provides salient theoretical and practical implications.

Knowledge-Based Smart System for the Identification of Coronavirus (COVID-19): Battling the Pandemic with Scientific Perspectives

  • Muhammad Saleem;Muhammad Hamid
    • International Journal of Computer Science & Network Security
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    • v.24 no.9
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    • pp.127-134
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    • 2024
  • The acute respiratory infection known as a coronavirus (COVID-19) may present with a wide range of clinical manifestations, ranging from no symptoms at all to severe pneumonia and even death. Expert medical systems, particularly those used in the diagnostic and monitoring phases of treatment, have the potential to provide beneficial results in the fight against COVID-19. The significance of healthcare mobile technologies, as well as the advantages they provide, are quickly growing, particularly when such applications are linked to the internet of things. This research work presents a knowledge-based smart system for the primary diagnosis of COVID-19. The system uses symptoms that manifest in the patient to make an educated guess about the severity of the COVID-19 infection. The proposed inference system can assist individuals in self-diagnosing their conditions and can also assist medical professionals in identifying the ailment. The system is designed to be user-friendly and easy to use, with the goal of increasing the speed and accuracy of COVID-19 diagnosis. With the current global pandemic, early identification of COVID-19 is essential to regulate and break the cycle of transmission of the disease. The results of this research demonstrate the feasibility and effectiveness of using a knowledge-based smart system for COVID-19 diagnosis, and the system has the potential to improve the overall response to the COVID-19 pandemic. In conclusion, these sorts of knowledge-based smart technologies have the potential to be useful in preventing the deaths caused by the COVID-19 pandemic.

Information Sharing and Evaluation as Determinants of Spread of Fake News on Social Media among Nigerian Youths: Experience from COVID-19 Pandemic

  • Sulaiman, Kabir Alabi;Adeyemi, Ismail Olatunji;Ayegun, Ibrahim
    • International Journal of Knowledge Content Development & Technology
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    • v.10 no.4
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    • pp.65-82
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    • 2020
  • This study examined information sharing and evaluation as determinants of the spread of fake news among Nigerian youths on social media using experience from COVID-19 pandemic. A descriptive survey design was adopted for the study and a Web-based questionnaire (Google Forms) was used to collect data for the study. The total responses of 278 were collected from the participants, which represents the unit of analysis. The finding of the study revealed that most Nigerian youths used Facebook, Twitter, WhatsApp and Instagram to share information on COVID-19. However, only a few Nigerians used Linkedln and other types of social media to share information on COVID-19. It was also found that building a relationship with social media communities, enjoyment and risk taking, and political inclination influence the sharing behavior of Nigerian youths during the COVID-19 pandemic. Results show that social media handle/page found sharing of fake news on COVID-19 especially on the treatment, vaccines numbers of cases and symptoms. The study concludes that there is a positive relationship between information evaluation and the spreading of fake news on COVID-19 among Nigerians. Information sharing and evaluation should be done with the utmost level of objectivity and sincerity.

The Impact of COVID-19 on Earnings Management in the Distribution and Service Industries

  • RYU, Haeyoung;CHAE, Soo-Joon
    • Journal of Distribution Science
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    • v.20 no.4
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    • pp.95-100
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    • 2022
  • Purpose: This study aimed to investigate whether distribution and service companies maintained their accounting information quality and provided reliable information despite the economic changes occurring after the outbreak of the COVID-19 pandemic in Korea. The distribution industry has enjoyed increased demand as many companies expanded their untact distribution channels, including to online sales. However, as the pandemic drags on, their future prospects remain uncertain. Research design, data, and methodology: In this study, we define 2018-2019 as the "pre COVID-19 period" and 2020 as the "post COVID-19 period." An empirical analysis was performed using a regression model that includes POST, the independent variable, indicating the post COVID-19 period, and discretionary accruals(DA), a proxy for earnings management, as a dependent variable. Results: The analysis shows that the coefficient of POST is significantly positive (+) for the dependent variable DA. This finding suggests that distribution and service companies engaged in more earnings management during the post COVID-19 period than during the pre COVID-19 period, indicating their awareness of the uncertainty of future business performance as the pandemic persists. An additional analysis confirmed that smaller companies with fewer stakeholders and higher information asymmetry tend to engage more in earnings management than larger companies.

Association between Changes in Daily Life during the COVID-19 Pandemic and Depressive Symptoms in Korean University Students

  • Young-Mee Kim;Sung-il Cho
    • Journal of the Korean Society of School Health
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    • v.36 no.3
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    • pp.103-112
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    • 2023
  • Purpose: The COVID-19 pandemic, which emerged in late 2019, had a profound impact on global public health and disrupted the daily lives of people worldwide. Particularly, university students faced a challenging situation as their university life underwent a drastic transformation due to long-term remote learning and isolation measures. This study aimed to investigate the relationship between changes in daily life during the 2020 COVID-19 pandemic and depressive symptoms among university students aged between 19 and 29 in Korea. Methods: We analyzed data from the nationally representative 2020 Community Health Survey (CHS). Among the 229,269 participants, 9,279 university students aged 19-29, either enrolled or on leave, were selected. After excluding 401 cases with missing values, the final sample comprised 8,878 individuals. Using multivariate logistic regression with a complex sample design, we explored the association between daily life changes during the COVID-19 pandemic and depressive symptoms. Results: Changes in daily life during the COVID-19 pandemic was associated with depressive symptoms in Korean university students aged 19 to 29, even after adjusting for sociodemographic characteristics, health-related factors, and COVID-19-related aspects (OR=1.28, 95% CI=1.09~1.50). Conclusion: Our study suggests that when examining the impact of COVID-19 on health issues, it is crucial to consider the changes in daily life caused by the pandemic. These findings can provide insights into the psychological well-being of university students during times of crisis.

Topic Modeling to Identify Cloud Security Trends using news Data Before and After the COVID-19 Pandemic (뉴스 데이터 토픽 모델링을 활용한 COVID-19 대유행 전후의 클라우드 보안 동향 파악)

  • Soun U Lee;Jaewoo Lee
    • Convergence Security Journal
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    • v.22 no.2
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    • pp.67-75
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    • 2022
  • Due to the COVID-19 pandemic, many companies have introduced remote work. However, the introduction of remote work has increased attacks on companies to access sensitive information, and many companies have begun to use cloud services to respond to security threats. This study used LDA topic modeling techniques by collecting news data with the keyword 'cloud security' to analyze changes in domestic cloud security trends before and after the COVID-19 pandemic. Before the COVID-19 pandemic, interest in domestic cloud security was low, so representation or association could not be found in the extracted topics. However, it was analyzed that the introduction of cloud is necessary for high computing performance for AI, IoT, and blockchain, which are IT technologies that are currently being studied. On the other hand, looking at topics extracted after the COVID-19 pandemic, it was confirmed that interest in the cloud increased in Korea, and accordingly, interest in cloud security improved. Therefore, security measures should be established to prepare for the ever-increasing usage of cloud services.