{"title":"Exploring the dynamics of fintech impact, financial regulation, and corporate financial trends: An analysis of India","authors":"Sreenu Nenavath","doi":"10.1016/j.apmrv.2024.11.006","DOIUrl":null,"url":null,"abstract":"<div><div>This study explores the intricate connections among fintech initiatives, financial regulation, and corporate financialization trends in the Indian context. There is a clear recognition of the impact of fintech on corporate finances. However, there is still a significant gap in understanding the intersection of fintech, financial regulation, and corporate financialization, particularly for Indian manufacturing companies. Our analysis is based on annual data from 2014 to 2023, with a specific focus on firms listed on the A-share market. The findings indicate that fintech initiatives have a noticeable impact on hindering corporate financialization. Nevertheless, the impact of this phenomenon is influenced by financial regulation, which has a substantial effect on either magnifying or reducing the influence of fintech. State-owned enterprises, firms in industries with lower pollution levels, and businesses situated in less marketized regions experience varying impacts from these dynamics. This study emphasizes the importance of understanding the complex impact of fintech and regulatory frameworks on corporate financial trends, particularly in developing economies such as India.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 1","pages":"Article 100336"},"PeriodicalIF":5.5000,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asia Pacific Management Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S102931322400040X","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
This study explores the intricate connections among fintech initiatives, financial regulation, and corporate financialization trends in the Indian context. There is a clear recognition of the impact of fintech on corporate finances. However, there is still a significant gap in understanding the intersection of fintech, financial regulation, and corporate financialization, particularly for Indian manufacturing companies. Our analysis is based on annual data from 2014 to 2023, with a specific focus on firms listed on the A-share market. The findings indicate that fintech initiatives have a noticeable impact on hindering corporate financialization. Nevertheless, the impact of this phenomenon is influenced by financial regulation, which has a substantial effect on either magnifying or reducing the influence of fintech. State-owned enterprises, firms in industries with lower pollution levels, and businesses situated in less marketized regions experience varying impacts from these dynamics. This study emphasizes the importance of understanding the complex impact of fintech and regulatory frameworks on corporate financial trends, particularly in developing economies such as India.
期刊介绍:
Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.