数字金融与企业财务可持续增长研究  

Research on Sustainable Growth of Digital Finance and Enterprise Finance

作　　者：郭冰[1] 郭瑞敏 GUO Bing;GUO Rui-min(School of Accounting,Shanxi University of Finance and Economics,Taiyuan Shanxi 030006,China)

机构地区：[1]山西财经大学会计学院,山西太原030006

出　　处：《技术经济与管理研究》2023年第11期60-64,共5页Journal of Technical Economics & Management

基　　金：山西省哲学社会科学规划课题(2021YJ128)。

摘　　要：数字金融升级了传统金融的服务质量,优化了企业的融资环境,有利于企业财务可持续增长。以2012—2020年沪深A股上市公司为样本,探讨数字金融对企业财务可持续增长的影响。研究发现,数字金融有效促进了企业财务可持续增长;数字金融的覆盖广度、使用深度均对企业财务可持续增长具有显著的促进作用。研究路径表明,数字金融通过增强企业风险承担、缓解企业融资约束与提高营业收入促进了企业财务可持续增长;异质性分析表明,数字金融对非国有企业与高新技术企业的财务可持续增长产生了更加显著的促进效应。因此,政府应强化对数字金融的支持,金融机构应推进科技与业务的融合,进而助推实体企业发展。Digital finance upgrades the quality of traditional financial services,optimizes the financing environment of enterprises,and is conducive to the sustainable growth of corporate finance.Based on 20122020,the Shanghai-Shenzhen A-share listed company as a sample,discussed the impact of digital finance on the sustainable growth of corporate finance.Studies have found that digital finance has effectively promoted the sustainable financial growth of corporate finance;The coverage and depth of the coverage of digital finance have significantly promoted the sustainable growth of corporate finance.The research path shows that digital finance has promoted the sustainable financial growth of corporate finance by enhancing corporate risk bearing,alleviating corporate financing constraints and increasing operating income;It has a more significant promotion effect;Therefore,the government should strengthen support for digital finance,and financial institutions should promote the integration of science and technology and business to promote the development of physical enterprises.

关 键 词：数字金融 融资约束 企业风险承担 营业收入 

分 类 号：F49[经济管理—产业经济]