Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 7th International Conference on Economic Management and Green Development
Series Vol. 40 , 10 November 2023
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Research on Digital Finance and Financial Risk in the Context of High-quality Development: Evidence from Listed Real Estate Companies in China
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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
- 10 November 2023
- 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