Technology Finance, Enterprise Digital Transformation, and Internal Control Quality
Year: 2025
Type: article
Abstract: This article first comprehensively measures the digitalization level of physical enterprises of Shanghai and Shenzhen listed companies from 2007 to 2022. Secondly, with the help of the "Promoting the Integration of Technology and Finance Pilot" policy, a difference in differences model is used to identify the impact of technology and finance on the quality of internal control of enterprises, and the role of enterprise digital transformation in it is analyzed. Research has found that: firstly, the implementation of technology finance policies can effectively improve the quality level of internal control in enterprises, and this conclusion still holds significant after a series of robustness tests; Secondly, the level of digitalization in enterprises plays a moderating role between technology finance and internal control quality; Thirdly, heterogeneity analysis found that the promotion effect of technology finance pilot policies on the digital transformation and internal control quality of physical enterprises is more significant in the eastern region and high-tech industries. The research results of this article not only reveal the impact pathways and economic outcomes of technology finance policies on promoting internal control quality in enterprises, but also provide important experience and inspiration for the formulation of relevant policies for future enterprise development.
DOI: 10.54691/p3wa4c36
Author: Ziyi Wang
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4408724157