金融科技对企业劳动分配效率的影响：来自中国的经验证据

IF 5.5 2区经济学 Q1 BUSINESS, FINANCE

Global Finance Journal Pub Date : 2024-07-10 DOI:10.1016/j.gfj.2024.101011

James Ang , Zhenli Yan , Tusheng Xiao , Chun Yuan , Jingfang Wang

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引用次数: 0

摘要

金融科技通过引入先进技术和创新商业模式，对传统金融业产生了深远影响。本研究考察了金融科技发展对劳动力配置效率的影响，并探讨了其内在机制。我们以2011-2020年中国A股上市公司为研究对象，发现金融科技发展对劳动力配置效率有积极作用，主要是通过缓解劳动力过度投资。市场竞争进一步强化了这一积极作用。我们还发现，这种提升的主要途径包括降低信息不对称、缓解代理问题和替代低技能劳动力。此外，我们还表明，深度和数字一体化在提高劳动力配置效率方面尤为重要。

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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Impact of Fintech on labor allocation efficiency in firms: Empirical evidence from China

Fintech has significantly influenced the traditional financial industry by introducing advanced technologies and innovative business models that have resulted in profound impacts. This study examines the effects of Fintech development on labor allocation efficiency and explores its underlying mechanisms. Using a set of Chinese A-share public firms from 2011 to 2020, we find that Fintech development plays a positive role in labor allocation efficiency, mainly by mitigating labor overinvestment. This positive effect is further reinforced by market competition. We also find that the primary pathways of this enhancement include lowering information asymmetry, mitigating agency issues, and substituting low-skilled labor. Moreover, we show that the dimensions of depth and digital integration are particularly important in improving labor allocation efficiency.

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来源期刊

Global Finance Journal BUSINESS, FINANCE-

CiteScore

7.30

自引率

13.50%

发文量

106

审稿时长

53 days

期刊介绍： Global Finance Journal provides a forum for the exchange of ideas and techniques among academicians and practitioners and, thereby, advances applied research in global financial management. Global Finance Journal publishes original, creative, scholarly research that integrates theory and practice and addresses a readership in both business and academia. Articles reflecting pragmatic research are sought in areas such as financial management, investment, banking and financial services, accounting, and taxation. Global Finance Journal welcomes contributions from scholars in both the business and academic community and encourages collaborative research from this broad base worldwide.