Impact of digital finance on the asset allocation of small- and medium-sized enterprises in China: Mediating role of financing constraints

Impact of digital finance on the asset allocation of small- and medium-sized enterprises in China: Mediating role of financing constraints Digital finance has provided informal financial support to small- and medium-sized enterprises (SMEs) and solved the dilemma of acquiring formal financial support in emerging economies such as China. However, this may lead to structural changes in entity enterprises’ asset allocations. Based on SMEs listed on the Shenzhen Stock Exchange: Small and Medium Ent...