Research on the Impact of Financial Technology on High Quality Development of Enterprises

In recent years, under the background of double innovation, our country has vigorously promoted financial technology. Based on the sample of Shanghai and Shenzhen A-share listed companies from 2012 to 2022, this paper empirically tests the relationship between corporate fintech and high-quality development of enterprises. The research results show that: Corporate fintech can significantly positively affect high-quality development of enterprises; At the same time, the internal control of enterprises plays a regulating role between the financial technology and the high-quality development of enterprises. Fintech can also promote the high-quality development of enterprises by increasing the proportion of fixed asset investment and the degree of enterprise innovation. In the samples with differences in profitability and location, the effect of fintech on high-quality development of enterprises is different. In this paper, fintech and high-quality development of enterprises are included in the same analytical framework, expanding the existing research, and putting forward corresponding suggestions and prospects.

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Publication Details

Journal
Advances in Economics and Management Research
Published
2025-03-28
DOI
https://doi.org/10.56028/aemr.13.1.206.2025
Primary Topic
Insurance and Financial Risk Management
Type
article
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Research on the Impact of Financial Technology on High Quality Development of Enterprises

Zihan Liu
Advances in Economics and Management Research
Insurance and Financial Risk Management
article

Research on the Impact of Financial Technology on High Quality Development of Enterprises

Zihan Liu
article en

Abstract

In recent years, under the background of double innovation, our country has vigorously promoted financial technology. Based on the sample of Shanghai and Shenzhen A-share listed companies from 2012 to 2022, this paper empirically tests the relationship between corporate fintech and high-quality development of enterprises. The research results show that: Corporate fintech can significantly positively affect high-quality development of enterprises; At the same time, the internal control of enterprises plays a regulating role between the financial technology and the high-quality development of enterprises. Fintech can also promote the high-quality development of enterprises by increasing the proportion of fixed asset investment and the degree of enterprise innovation. In the samples with differences in profitability and location, the effect of fintech on high-quality development of enterprises is different. In this paper, fintech and high-quality development of enterprises are included in the same analytical framework, expanding the existing research, and putting forward corresponding suggestions and prospects.

Advances in Economics and Management ResearchVol. 13(1)
Qingdao University (CN), Qingdao Agricultural University (CN)
Openalex Percentile: Top 90%
Insurance and Financial Risk Management
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