Influence of economic policy uncertainty on corporate financialization
Regarding the impact of economic policy uncertainty on corporate financialization,an empirical research method is adopted,Chinese A-share listed companies from 2011 to 2021 are taken as research object,and the impact of economic policy uncertainty on corporate financialization is analyzed from the perspectives of digital finance and financing constraints.Research shows that economic policy uncertainty is significantly positively correlated with corporate financialization.Digital finance plays a negative regulatory role between economic policy uncertainty and corporate financialization.Financing constraints play a positive regulatory role between economic policy uncertainty and corporate financialization.The research conclusion provides reference for reducing the impact of economic policy uncertainty on enterprises and preventing excessive virtualization of enterprises.