Advances in Economics, Management and Political Sciences
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Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅰ
Series Vol. 3 , 21 March 2023
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Access | Article
Research on the Countermeasures of Corporate Financing Constraints under the Background of Financial Digital Transformation
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Abstract
Financial digital transformation is an important means for enterprises to achieve high-quality prosperity under the new development pattern. How to make use of the opportunity of financial digital transformation to relieve the financing constraints is worth pondering. Based on the digital transformation of corporate finance and the current situation of financing capacity in China, this paper puts forward some suggestions on how to deal with the financing constraints in line with China's national conditions. The government should actively introduce policies to promote the development of digital technology and the digital transformation of enterprises while effectively supervising enterprises, third-party data companies and the internet finance industry. The financial market should actively set up and develop small and medium-sized banks and private banks, perfect the enterprise credit system and carry out financial innovation. Enterprises should promptly deploy the digital transformation strategy, standardize the business operations, improve the management level and build diversified financing channels.
Keywords
Financing constraints, Digital transformation of enterprises, Financial digitization
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- Volume Title
- Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅰ
- ISBN (Print)
- 978-1-915371-15-7
- ISBN (Online)
- 978-1-915371-16-4
- Published Date
- 21 March 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/3/2022767
- 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