Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 40 , 10 November 2023


Open Access | Article

Research on Digital Finance and Financial Risk in the Context of High-quality Development: Evidence from Listed Real Estate Companies in China

Letong Xiao * 1
1 Shanghai University of International Business and Economics

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 40, 34-40
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Letong Xiao. Research on Digital Finance and Financial Risk in the Context of High-quality Development: Evidence from Listed Real Estate Companies in China. AEMPS (2023) Vol. 40: 34-40. DOI: 10.54254/2754-1169/40/20231986.

Abstract

The paper practically investigates relationships among digital finance, financial risks, and high-quality development of real estate companies using data from listed real estate companies and digital finance from 2011 to 2020. The research findings are as follows: (1) Digital finance significantly foster the high-quality development of real estate companies; (2) Mechanism analysis indicates that digital finance can advocate the high-quality development of real estate companies by alleviating financial risks. Therefore, this paper suggests policy recommendations such as the government issuing policies to drive the development of digital finance, companies establishing sound internal control and risk management mechanisms, and companies undergoing digital transformation to promote the high-quality development of real estate companies.

Keywords

digital finance, financial risk, total factor productivity

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-101-8
ISBN (Online)
978-1-83558-102-5
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/40/20231986
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated