The Influence of Digital Economy on Enterprise Financialization
DOI:
https://doi.org/10.54691/bcpbm.v25i.1696Keywords:
Digital economy, Enterprises, FinancializationAbstract
Digital economy is essentially the application of modern information technology to various economic activities, which is mainly reflected in extensive application of Internet, big data, artificial intelligence, cloud computing and other digital technologies in industrial sectors. Especially after the outbreak of COVID-19 in 2020, digital economy has shown its amazing volume and development prospect, and more and more enterprises have begun to attach importance to digital transformation. With listed companies at Shanghai Stock Exchange and Shenzhen Stock Exchange from 2011 to 2019 as research samples, this paper presents research on the influence of digital economy to enterprise financialization. It is concluded that digital economy significantly promotes enterprise financialization.
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