How Digital Inclusive Finance Enables Digital Transformation of Enterprises
How to drive enterprise digital transformation has become an important issue in academia,and existing studies neglect the impact of economic-level factors on enterprise digital transformation.Based on the data of the World Bank China Enterprise Survey,we empirically examine the impact of digital financial inclusion on enterprise digital transformation and its influencing mechanism.The results of the study show:Digital inclusive finance significantly promotes the digital transformation of enterprises;Digital inclusive finance promotes the digital transformation of enterprises mainly through two ways,namely,alleviating financing constraints and broadening financing channels;The formal system negatively moderates the impact of digital inclusive finance on the digital transformation of enterprises,while industry competition positively moderates the promotion of digital inclusive finance on the digital transformation of enterprises.
digital inclusive financedigital transformationfinancing constraintsinstitutional environmentindustry competition
NETL
NSTL
万方数据
