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The impact of FinTech adoption on corporate investment: Evidence from China

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Listed:
  • Qi, Yuan
  • Ouyang, Linyan
  • Yu, Ying

Abstract

This research uses panel statistics of Chinese listed companies between 2010 and 2020 to examine when and how financial technology (FinTech) improves the investment efficiency of firms. We determine that the degree of FinTech is positively related to firm investment efficiency. This correlation tends to occur in areas with low levels of commercialization and urban growth, which is indicative of the broad characteristics of FinTech. Simultaneously, the positive effect of FinTech further strengthens the investment efficiency of enterprises through corporate governance and financing paths.

Suggested Citation

  • Qi, Yuan & Ouyang, Linyan & Yu, Ying, 2024. "The impact of FinTech adoption on corporate investment: Evidence from China," Finance Research Letters, Elsevier, vol. 67(PB).
    • Handle: RePEc:eee:finlet:v:67:y:2024:i:pb:s1544612324009590
    DOI: 10.1016/j.frl.2024.105929
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    References listed on IDEAS

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