Digital finance development level and corporate debt financing cost

被引:12
|
作者
Tang, Ye [1 ]
Geng, Baiyang [2 ]
机构
[1] Shanxi Univ, Coll Marxism, Taiyuan 030006, Peoples R China
[2] Liaoning Univ, Law Sch, Shenyang 110036, Peoples R China
关键词
Digital finance; Debt financing cost; Heterogeneity;
D O I
10.1016/j.frl.2023.104825
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper selects the data of China's A-share listed companies from 2012 to 2022 as the research object to explore the impact of digital finance on the cost of corporate debt financing. It is found that the development of digital finance can significantly reduce the cost of corporate debt financing; the impact of digital finance on the cost of corporate debt financing has regional heterogeneity, and the impact of digital finance on the cost of corporate debt financing has industry heterogeneity.
引用
收藏
页数:7
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