摘要
基于2011~2019年沪深A股上市公司数据,研究数字金融赋能企业数字化转型的影响及其作用机制。结果表明:数字金融显著促进了企业数字化转型;在经过稳健性检验后,这一结论依然成立。异质性分析结果表明,覆盖广度对企业数字化转型促进作用最大;数字金融对中部地区企业和非国有企业数字化转型促进作用更大。机制检验结果表明,企业创新和营商环境正向调节数字金融赋能企业数字化转型。扩展性分析结果表明,数字金融与企业数字化转型存在门槛效应。
Based on the data of Shanghai and Shenzhen A-share listed companies from 2011-2019,we study the impact of digital finance empowering the digital transformation of enterprises and its mechanism of action.The results show that digital finance significantly promotes the digital transformation of enterprises;this conclusion still holds after robustness testing.The results of heterogeneity analysis show that the breadth of coverage has the greatest effect on promoting digital transformation of enterprises;digital finance has a greater effect on promoting digital transformation of enterprises in the central region and non-state enterprises.The results of the mechanism test indicate that enterprise innovation and business environment positively moderate digital finance-enabled enterprise digital transformation.The results of the scalability analysis show that there is a threshold effect between digital finance and digital transformation of enterprises.
出处
《浙江金融》
2023年第1期28-37,共10页
Zhejiang Finance
基金
浙江省哲学社会科学领军人才培育课题“基于优化发展动能的浙江文化产业国际循环创新提升研究”(项目编号:21YJRC10-2YB)。
关键词
数字金融
数字化转型
门槛效应
Digital Finance
Ddigital Ttransformation
Tthreshold Eeffect
