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- W4362670350 abstract "In the context of financial development tending to be digital and technological, exploring the relationship between fintech and the cost of real enterprises is significant for the high-quality development of real enterprises. Using provincial panel data from 2011-2020, this study empirically investigates the impact, heterogeneity characteristics and transmission mechanism of fintech on the cost of real enterprises using a two-way fixed effects model. This study demonstrates that fintech significantly lowers the cost of real businesses; in terms of different regions, the impact of fintech development on the cost of real enterprises is more significant in eastern regions than in central and western regions; corporate gearing, innovation capacity, financing constraints and financial regulation are the moderating variables of fintech impact on the cost of real firms. Based on this, suggestions are made in this paper related to the high-quality development of fintech, this is an important study to promote the deep integration of fintech and real businesses and to promote high quality development of the real economy." @default.
- W4362670350 created "2023-04-07" @default.
- W4362670350 creator A5045058519 @default.
- W4362670350 date "2023-03-27" @default.
- W4362670350 modified "2023-10-05" @default.
- W4362670350 title "Research on Finance Reducing the Cost of Real Businesses" @default.
- W4362670350 cites W2104652937 @default.
- W4362670350 doi "https://doi.org/10.54097/hbem.v6i.6318" @default.
- W4362670350 hasPublicationYear "2023" @default.
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