This paper uses the"investment-cash flow"sensitivity analysis method,takes the A-share listed companies in Shanghai and Shenzhen from 2008 to 2022 as the research object,empiri-cally explores the impact of digital transformation on corporate asset-debt maturity mismatch.The findings are as follows:firstly,there is an abnormal phenomenon of asset-debt maturity mismatch in the samples,and digital transformation has a significant inhibitory effect on it;secondly,heterogene-ity analysis shows for enterprises that are not state-owned,have the high-tech qualification,are not audited by Big Four accounting firms,and have low media attention,the negative correlation be-tween digital transformation and asset-debt maturity mismatch is stronger;thirdly,the mechanism analysis shows that digital transformation can alleviate asset-debt maturity mismatch by improving the information environment.Further research finds digital transformation also has a significant ef-fect on alleviating the double high in deposit and loan.
NETL
NSTL
万方数据
