A study of the impact of digital financial inclusion on firm value
Shengliang Gao
School of Finance, Harbin University of Commerce
DOI: https://doi.org/10.59429/bam.v7i1.9546
Keywords: Digital financial inclusion; Enterprise value; Financing constraints
Abstract
This paper systematically investigates the mechanism and path of influence of digital inclusive finance development on enterprise value. The study shows that digital inclusive finance significantly enhances enterprise value through multiple channels such as alleviating financing constraints, reducing transaction costs, optimizing resource allocation and promoting innovation. This enhancement effect is particularly prominent in small and medium-sized enterprises, private enterprises and enterprises in central and western regions. The article deeply analyzes the transmission mechanism of digital inclusive finance affecting enterprise value, explores the differences in effects among different types of enterprises, and proposes policy recommendations to promote the development of digital inclusive finance and enhance enterprise value. The study provides theoretical references for understanding the economic effects of digital inclusive finance, and is of great revelation for promoting the high-quality development of enterprises.
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