Back to knowledge graph
business
corporate-finance
Confidence 75%

Regional Digital Finance and Corporate Financial Risk: Based on Chinese Listed Companies Using digital inclusive finance data from Peking University, this paper empirically examines the relationship between regional digital finance development and the financial risk of listed companies. The mechanism test finds that digital finance development can significantly reduce corporate financial risk. Digital finance has a resource effect and governance effect, reducing corporate financial risk by alle...

Source:
Cited 51 times
undefined | Awareness Public Knowledge