Changing the impact of banking concentration on corporate innovation: The moderating effect of digital transformation

被引：17

作者：

Wang, Qian ^{[1
]}

Du, Zhuo-Ya ^{[2
]}

机构：

[1] Jilin Univ, Publ Sect Res Ctr KRI, Sch Econ, Jilin 130012, Peoples R China

[2] Jilin Univ, Sch Econ, Jilin 130012, Peoples R China

来源：

TECHNOLOGY IN SOCIETY | 2022年 / 71卷

关键词：

Banking concentration; Digital transformation; Moderated mediation effect model; Financing constraints; Corporate innovation; VALUE CO-CREATION; COMPETITION ALLEVIATE; CREDIT CONSTRAINTS; EMPIRICAL-ANALYSIS; INVESTMENT; CAPABILITIES; INFORMATION; TECHNOLOGY; MEDIATION; FINANCE;

D O I：

10.1016/j.techsoc.2022.102124

中图分类号：

D58 [社会生活与社会问题]; C913 [社会生活与社会问题];

学科分类号：

摘要：

This study explores the moderating effects of digital transformation on the nexus between banking concentration and corporate innovation. Based on the panel data of Chinese A-share companies listed on the mainland stock exchanges, such as Shenzhen Stock Exchange and Shanghai Stock Exchange, from 2008 to 2019, the moderated mediation effect models show that digital transformation suppresses the negative impact of banking concentration on corporate innovation by reducing financing constraints. The scale heterogeneity analysis suggests that digital transformation weakens the direct effect of banking concentration on corporate innovation in SMEs and the indirect effect of financial constraints in non-SMEs. Compared to high-tech companies, digital transformation in non-high-tech companies has greater moderating effects on corporate innovation. This study provides a new perspective using which companies can proactively reduce the impact of banking concentration on innovation.

引用

页数：13

共 50 条

[1] Digital Transformation and Corporate Sustainability: The Moderating Effect of Ambidextrous Innovation
Ying, Ying
Jin, Shanyue
[J]. SYSTEMS, 2023, 11 (07):
[2] The impact of digital transformation of manufacturing on corporate performance-The mediating effect of business model innovation and the moderating effect of innovation capability
Zhang, Yimeng
Ma, Xinyu
Pang, Jianing
Xing, Hailong
Wang, Jian
[J]. RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2023, 64
[3] Integrating ESG into Corporate Strategy: Unveiling the Moderating Effect of Digital Transformation on Green Innovation through Employee Insights
Sun, Qiang
Li, Yannan
Hong, Ahreum
[J]. SYSTEMS, 2024, 12 (05):
[4] Firm digital transformation and corporate performance: The moderating effect of organizational capital
Zareie, Mobina
Attig, Najah
El Ghoul, Sadok
Fooladi, Iraj
[J]. FINANCE RESEARCH LETTERS, 2024, 61
[5] Corporate digital transformation and financing constraints: The moderating effect of institutional investors
Gao, Yu
Yang, Huiyun
Sun, Xiaojie
Tian, Xinyu
Xu, Jian
[J]. HELIYON, 2024, 10 (12)
[6] Effect of Corporate Digital Transformation on Green Innovation Model Selection
Ma, Wenjia
Zhang, Hongzheng
Chen, Jin
[J]. FRONTIERS OF BUSINESS RESEARCH IN CHINA, 2024, 18 (03) : 195 - 213
[7] Can Supplier Concentration Improve Corporate Risk Taking? Moderating Effects of Digital Transformation
Yang, Yuanxi
Guo, Jingxian
[J]. SUSTAINABILITY, 2022, 14 (18)
[8] The impact of digital transformation on corporate innovation: Roles of analyst coverage and internal control
Zhou, Yang
Xu, Jingjun
Liu, Zhiying
[J]. MANAGERIAL AND DECISION ECONOMICS, 2024, 45 (01) : 373 - 393
[9] Digital transformation and corporate innovation with herd effects
Wang, Zhiwei
Yang, Fan
[J]. FINANCE RESEARCH LETTERS, 2024, 62
[10] The impact of open innovation on international revenues: the moderating roles of digital transformation and strategic differentiation
Wang, XiaoHong
Luan, XiangYu
[J]. INTERNATIONAL JOURNAL OF EMERGING MARKETS, 2024,

← 1 2 3 4 5 →