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Bridging the gap: Digital finance's role in addressing maturity mismatch in investment and financing for agricultural enterprises

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  • Shao, Fangjing
  • Jiao, Ziyan
  • Jin, Tianquan
  • Zhu, Xingwang

Abstract

This research investigates digital finance's impact on reducing investment and financing maturity mismatches in agricultural enterprises, leveraging data from Chinese A-share listed companies between 2011 and 2022. The findings confirm digital finance's effectiveness in lessening these mismatches, as validated through comprehensive tests. Importantly, it alleviates maturity mismatch risks by enhancing information transparency and loosening financing constraints. The influence is especially notable in highly marketized regions and within both newly founded and closely examined firms. This emphasizes digital finance's key role in solving agricultural enterprises' investment and financing challenges.

Suggested Citation

  • Shao, Fangjing & Jiao, Ziyan & Jin, Tianquan & Zhu, Xingwang, 2024. "Bridging the gap: Digital finance's role in addressing maturity mismatch in investment and financing for agricultural enterprises," Finance Research Letters, Elsevier, vol. 64(C).
    • Handle: RePEc:eee:finlet:v:64:y:2024:i:c:s1544612324004458
    DOI: 10.1016/j.frl.2024.105415
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