在数字时代走向全球

IF 3.6 3区管理学 Q2 COMPUTER SCIENCE, INFORMATION SYSTEMS

Journal of Organizational and End User Computing Pub Date : 2023-12-15 DOI:10.4018/joeuc.334707

Weihui Han, Tianshuo Zhang, Jamal Khan, Lujian Wang, Chao Tu

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引用次数: 0

摘要

本研究以A股上市的中国企业为研究对象，利用Probit和Logit模型以及2011-2020年具有代表性的对外直接投资数据，研究了数字金融对中国对外直接投资的影响。研究结果表明，数字金融对中国对外直接投资的影响在概率和规模上具有异质性，取决于企业的数字化水平。也就是说，数字金融对高数字化（低数字化）企业的对外直接投资有正向（负向）影响。机理分析表明，数字鸿沟导致信贷资源受到挤压，增加了这些企业的融资约束，是数字金融对低数字化企业对外直接投资产生负面影响的主要原因，而数字金融对低数字化企业对外直接投资的负面影响仅限于绿地投资和竞争激烈的行业。研究结果凸显了在制定数字金融政策时鼓励企业数字化转型的重要性，以有效发挥数字金融推动中国企业对外直接投资的潜力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Going Global in the Digital Era

This study investigates the effect of digital finance on Chinese OFDI using Probit and Logit models on A-share-listed Chinese enterprises and representative OFDI data from 2011 to 2020. It shows that digital finance has a heterogeneous impact on Chinese OFDI both in probability and scale depending on the enterprise digitalization level. That is, digital finance has a positive (negative) effect on the OFDI of high (low) digital enterprises. Mechanism analysis reveals that the digital divide, which causes credit resources to be squeezed and increased financing constraints for these enterprises, is the main cause of the negative impact of digital finance on the OFDI of low-digital enterprises while the negative impact of digital finance on the OFDI of low-digital enterprises is limited to greenfield investments and highly competitive industries. The findings highlight the importance of encouraging enterprise digital transformation when developing digital finance policies to effectively leverage the potential of digital finance to drive Chinese firms' OFDI.

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来源期刊

Journal of Organizational and End User Computing COMPUTER SCIENCE, INFORMATION SYSTEMS-

CiteScore

6.00

自引率

9.20%

发文量

期刊介绍： The Journal of Organizational and End User Computing (JOEUC) provides a forum to information technology educators, researchers, and practitioners to advance the practice and understanding of organizational and end user computing. The journal features a major emphasis on how to increase organizational and end user productivity and performance, and how to achieve organizational strategic and competitive advantage. JOEUC publishes full-length research manuscripts, insightful research and practice notes, and case studies from all areas of organizational and end user computing that are selected after a rigorous blind review by experts in the field.