{"title":"Digital inclusive finance and digital transformation of enterprises","authors":"Bingnan Guo , Yu Feng , Ji Lin","doi":"10.1016/j.frl.2023.104270","DOIUrl":null,"url":null,"abstract":"<div><p>This paper evaluates the impact of digital inclusive finance (DIF) on enterprise digital transformation (EDT) using a two-way fixed effects model. The results show that DIF can significantly promote EDT, and the breadth of coverage and the depth of usage will enhance the digitalization of enterprises. The mechanism analysis shows that in this process, technological innovation plays a positive moderating effect, and executives' financial background plays a negative moderating effect. In addition, this promotion is significant for non-state-owned enterprises, but not for state-owned enterprises. Overall, this study provides reliable empirical evidence and policy insights to optimize the development of DIF and promote the digital transformation of enterprises.</p></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"57 ","pages":"Article 104270"},"PeriodicalIF":6.9000,"publicationDate":"2023-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612323006426","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 4
Abstract
This paper evaluates the impact of digital inclusive finance (DIF) on enterprise digital transformation (EDT) using a two-way fixed effects model. The results show that DIF can significantly promote EDT, and the breadth of coverage and the depth of usage will enhance the digitalization of enterprises. The mechanism analysis shows that in this process, technological innovation plays a positive moderating effect, and executives' financial background plays a negative moderating effect. In addition, this promotion is significant for non-state-owned enterprises, but not for state-owned enterprises. Overall, this study provides reliable empirical evidence and policy insights to optimize the development of DIF and promote the digital transformation of enterprises.
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