The impact of corporate financialization on the export scale of the film industry-Evidence from China

Based on the data of listed companies from 2010 to 2022, this paper analyzes the impact of corporate financialization on the export scale of the film industry. The results show that the financialization behavior of enterprises has a positive impact on the export scale of the film industry. Monetary policy moderates the impact of corporate financialization on corporate financing constraints. Under the loose monetary policy, the promotion effect of short-term financialization behavior on the internal financing capacity of enterprises is enhanced, and the negative effect of long-term financialization behavior on the external financing constraints of enterprises is alleviated.