Does bank FinTech improve corporate innovation?

被引：37

作者：

Tan, Zhuohong ^{[1
]}

Wang, Handi ^{[1
]}

Hong, Yunzhe ^{[2
]}

机构：

[1] Zhejiang Univ, Sch Econ, 866 Yuhangtang Rd, Hangzhou 310058, Zhejiang, Peoples R China

[2] Zhejiang Univ, Int Business Sch, 718 East Haizhou Rd, Haining 314400, Zhejiang, Peoples R China

来源：

FINANCE RESEARCH LETTERS | 2023年 / 55卷

关键词：

Bank FinTech; Corporate innovation; Commercial banks; China;

D O I：

10.1016/j.frl.2023.103830

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study investigates the effects of bank FinTech on corporate innovation. Building a large sample of Chinese commercial banks and listed firms over 2010-2020, we find that bank FinTech promotes corporate innovation and the results are consistent. We also find that bank FinTech enhances corporate innovation by mitigating the inhibitory effects of financing constraints and management costs. In addition, the positive effect is more pronounced in firms with poorer financial endowments and private firms. Overall, we provide a timely study of the value of bank FinTech in emerging countries like China from the brand-new perspective of corporate innovation.

引用

页数：7

共 17 条

[1] Law, finance, and economic growth in China [J].

Allen, F ;

Qian, J ;

Qian, MJ .

JOURNAL OF FINANCIAL ECONOMICS, 2005, 77 (01) :57-116

[2] Small Bank Lending in the Era of Fintech and Shadow Banks: A Sideshow? [J].

Begley, Taylor A. ;

Srinivasan, Kandarp .

REVIEW OF FINANCIAL STUDIES, 2022, 35 (11) :4948-4984

[3] The Limits of Lending? Banks and Technology Adoption across Russia [J].

Bircan, Cagatay ;

De Haas, Ralph .

REVIEW OF FINANCIAL STUDIES, 2020, 33 (02) :536-609

[4] FinTech and commercial banks? performance in China: A leap forward or survival of the fittest? [J].

Chen, Xihui ;

You, Xuyuan ;

Chang, Victor .

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 2021, 166 (166)

[5] Does bank FinTech reduce credit risk? Evidence from China [J].

Cheng, Maoyong ;

Qu, Yang .

PACIFIC-BASIN FINANCE JOURNAL, 2020, 63

[6] Does banking competition affect innovation? [J].

Cornaggia, Jess ;

Mao, Yifei ;

Tian, Xuan ;

Wolfe, Brian .

JOURNAL OF FINANCIAL ECONOMICS, 2015, 115 (01) :189-209

[7] The Role of Technology in Mortgage Lending [J].

Fuster, Andreas ;

Plosser, Matthew ;

Schnabl, Philipp ;

Vickery, James .

REVIEW OF FINANCIAL STUDIES, 2019, 32 (05) :1854-1899

[8] The impact of bank FinTech on liquidity creation: Evidence from China [J].

Guo, Pin ;

Zhang, Cheng .

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2023, 64

[9]

He Z., 2022, W30403 NAT BUR EC RE

[10]

Huang Y., 2018, Fintech credit and service quality

← 1 2 →