Digital Inclusive Financial Development and Enterprise New Quality Productivity Forces
Exploring the impact of digital inclusive financial development on the new quality productivity forces of enterprises helps to understand the impact of the development of financial digital transformation on the new quality productivity forces of enterprises,and provides ideas for promoting the high-quality development of enterprises from the perspective of digital economic development.Starting from the enterprise digital transformation channel,this paper constructs the mechanism of digital inclusive financial development on enterprise new quality productivity forces.Based on the relevant data from 2011 to 2022 at the level of Chinese listed companies,this paper examines the effect of digital inclusive financial development on the new quality productivity forces of enterprises and its mechanism.The study finds that the development of digital inclusive finance helps to promote the new quality productivity forces of enterprises,and the above conclusion passes the robustness test in various ways.The results of the heterogeneity analysis show that the breadth of coverage,depth of use and increased digitalization of digital inclusive finance can promote the new quality productivity forces of enterprises.The development of digital inclusive finance has a greater role in driving new quality productivity forces in SOEs and relatively young listed enterprises.The results of the mechanism analysis indicate that digital inclusive financial development will drive new quality productivity forces of enterprises through the channel of accelerated enterprise digital transformation,and the findings of the mediated effects model validate the mechanism effect of enterprise digital transformation.Further analysis reveals that promoting the development of traditional finance represented by the banking sector can also promote enterprise new quality productivity forces.
digital inclusive financial developmententerprise new quality productivity forcesenterprise digital transformationtraditional financial development
NETL
NSTL
万方数据
