Corporate Irregularity and Commercial Bank Digitization

Yechi Wu

doi:10.54097/wc8x8157

Authors

Yechi Wu

DOI:

https://doi.org/10.54097/wc8x8157

Keywords:

Digitalization, Commercial Banks, Asymmetric Information, and Artificial Intelligence

Abstract

we will study whether the digital transformation of commercial banks can reduce corporate violations from the SEC’s reporting of corporate listed companies’ violation announcements. This paper empirically analyzes the impact of digital transformation of commercial banks on corporate violations by taking the digital transformation index of commercial banks from 2010 to 2021 as the research object. Through empirical analysis, we find that the digital transformation of commercial banks can significantly reduce corporate violations, and the higher the digitalization index of commercial banks, the more it can inhibit corporate violations.

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