Enterprise digital transformation and maturity mismatch: evidence from China

被引:0
作者
Chen, Yan [1 ]
Sun, Ruiqi [1 ]
Zhang, Tianyu [2 ]
机构
[1] Shandong Univ, Ctr Econ Res, Jinan 250100, Shandong, Peoples R China
[2] Shandong Univ, Sch Management, Jinan, Shandong, Peoples R China
关键词
Digital transformation; maturity mismatch; long-term use of short-term debt; corporate investment and financing; SHORT-TERM DEBT;
D O I
10.1080/13504851.2024.2378089
中图分类号
F [经济];
学科分类号
02 ;
摘要
We employ a Bartik-type instrumental variable estimator to examine the impact of digital transformation on the maturity mismatch (MM) between investment and financing. Our findings reveal that enhancing corporate digitalization substantially positively affects MM. Moreover, this trend can be attributed to increased long-term investments and heightened business uncertainty.
引用
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页数:5
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