Iron and Steel Industry Internet Platform and Enterprise Value Enhancement——Empirical Analysis Based on Micro Enterprise Data
As a new business model,the iron and steel industry Internet platform is rising rapidly and deeply affecting the development of the iron and steel industry.Based on micro-enterprise data,this study empirically tests the impact of iron and steel industry Internet platform on enterprise value enhancement.It is found that joining the iron and steel industry Internet platform can significantly enhance the value of enterprises.This study also provides relevant suggestions for the future decision-making and development of the steel industry Internet platform from the perspective of the government,platform and enterprise.The government can introduce relevant policies to support steel enterprises to join the steel industry Internet platform,and the platform itself can be optimized in various aspects to improve the coordination and operational efficiency of the supply chain.Steel companies can use the platform to reduce inventory costs and improve logistics efficiency,thereby enhancing enterprise value.
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