A Study of the Impact of Digital Financial Inclusion on Outward Foreign Direct Investment
This study investigates the impact of digital financial inclusion on corporate outward foreign direct investment.Through the empirical analysis on 13,529 enterprises,the results show that the level of digital financial inclusion has a significant positive relationship with the scale of enterprise outward investment.The fixed-effects model further validates this positive effect and reveals the positive moderating role of large shareholders'ownership in it.The study finds that digital financial inclusion has a driving effect on corporate internationalization,and can provide empirical support for corporate strategic decision-making.
digital inclusive financedirect outward investmentmajor shareholders'ownership