银行数字化转型、融资约束与贷款企业绩效  

Digital Transformation of Banks,Financing Constraints and the Performance of Loan Enterprise

作　　者：贾雅茹 陈俞全 郭沛[1] JIA Ya-ru;CHEN Yu-quan;GUO Pei(School of Economics and Management,China Agricultural University,Beijing 100083,China;Institute of Global Food Economics and Policy,China Agricultural University,Beijing 100083,China)

机构地区：[1]中国农业大学经济管理学院,北京100083 [2]中国农业大学全球食物经济与政策研究院,北京100083

出　　处：《云南财经大学学报》2023年第5期62-76,共15页Journal of Yunnan University of Finance and Economics

基　　金：世界银行中国经济改革促进与能力加强技术援助项目(TCC6)子项目“金融支持新型农业经营主体模式研究”(202007211110159)。

摘　　要：当前,新一轮科技革命和产业变革正在重塑整个金融体系,数字技术已成为推动银行业转型发展的新动能。选取2008—2020年中国上市企业与商业银行数字化转型指数的年度匹配数据,考察银行数字化转型对贷款企业绩效的作用机制及影响效果。研究发现,银行数字化转型能够显著促进企业绩效水平提升;缓解融资约束是银行数字化影响贷款企业绩效的重要机制。进一步分析表明,银行数字化对贷款企业绩效的影响会由于企业信息披露质量、产品市场竞争程度、企业股权性质和所处区域不同而产生差异化表现。不仅从新视角理解银行数字化影响贷款企业绩效的作用路径,而且为政府更好地推动银行业数字化转型和缓解企业融资约束提供了有益借鉴。At present,a new round of technological revolution and industrial change is reshaping the entire financial system,and digital technology has become a new driving force for the transformation and development of the banking industry.This paper selects the annual matching data of China’s listed companies and the digital transformation index of commercial banks from 2008 to 2020,then investigates the mechanism and impact of the digital transformation of banks on the performance of loan companies.The study finds that the digital transformation of banks can significantly improve the performance level of enterprises;easing financing constraints is an important mechanism for bank digitization to affect the performance of loan companies.Further analysis shows that the impact of bank digitization on the performance of loan companies will produce differentiated performances due to the differences in the quality of corporate information disclosure,the degree of market competition,the nature of corporate equity and the different regions.This paper not only understands the path of the influence of bank digitalization on the performance of loan companies from a new perspective,but also provides a useful reference for the government to better promote the digital transformation of the banking industry and ease corporate financing constraints.

关 键 词：银行数字化转型 融资约束 企业绩效 

分 类 号：F832.4[经济管理—金融学]