Research on Whether Digital Finance Can Improve the Management Level of Enterprises

Xinrui Chen

doi:10.54097/hbem.v9i.7844

Authors

Xinrui Chen

DOI:

https://doi.org/10.54097/hbem.v9i.7844

Keywords:

Digital Finance; Enterprise Management; Asset Contribution Rate; Marketization; Informatization.

Abstract

This paper takes the panel data of 30 provinces (autonomous regions and municipalities directly under the Central Government) in China from 2011 to 2020 as the research sample to conduct an empirical analysis on how digital finance can improve the enterprise management level. It is found that digital finance helps to improve the management level of enterprises, and the coverage breadth, usage depth and digitization level will have a promoting effect on enterprise management; the heterogeneity test results show that the management level of state-owned enterprises and enterprises in eastern China is more sensitive to the development of digital finance; the relationship between digital finance and enterprise management level is positively regulated by the degree of marketization and informatization. The research provides a theoretical basis for the transformation and upgrading of digital finance to achieve inclusive and convenient development, and provides new ideas for the improvement of the management level of Chinese enterprises, so that enterprises can better benefit from digital finance.

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