Research on Digital Finance and Enterprise Investment Efficiency in Middel Eastern Companies

Investment plays a vital role in stimulating the GDP growth of Middel East countries (MEC) and is essential for promoting the country's economy towards high-quality development and the overall building of a socialist modernized nation. This article aims to analyze A-share listed firms from 2013 to 2022. The Richardson model use the absolute residual value derived from regression analysis to measure the degree of wasteful investment in firms. This number functions as a reverse indication of investment efficiency. This study expands upon the current empirical research on the economic results and factors that influence investment effectiveness in the realm of digital finance. This study provides actual proof that businesses may efficiently utilize the informational and resource benefits provided by digital finance to tackle investment efficiency problems.