Digital Finance and Corporate Value: An Empirical Evidence from China

Authors

  • Boyu Yuan
  • Kangyu Zhao
  • Xuekun Shen

DOI:

https://doi.org/10.54691/bcpbm.v15i.222

Keywords:

Digital Finance; Corporate Value; Empirical Research.

Abstract

Based on the Peking University Digital Financial Inclusive Index and SME data, this paper examines the relationship between digital financial development and corporate value. we found that the development of digital finance has a significant positive impact on corporate value. The heterogeneity analysis found that the development of digital finance has a greater impact on enterprises below the designated size, which reflects the inclusive nature of digital finance. This paper shows that digital finance is an important supplement to traditional financial services.

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References

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Published

2021-12-30

How to Cite

Yuan, B., Zhao, K., & Shen, X. (2021). Digital Finance and Corporate Value: An Empirical Evidence from China. BCP Business & Management, 15, 76-82. https://doi.org/10.54691/bcpbm.v15i.222