IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v86y2025ipds1544612325018951.html

Urban financial institution density and corporate innovation information disclosure

Author

Listed:
  • Hua, Ziping
  • Chen, Guangdong

Abstract

This study examines the impact of urban financial institution density on corporate innovation information disclosure using panel data of listed Chinese firms from 2010 to 2023. Notably, firms in cities with higher financial density disclose more innovation-related data. Mechanism tests indicate that this effect operates through reduced financing constraints, improved information transparency, and increased analyst attention. The effect is more pronounced for firms with stronger internal controls and nonstate-owned enterprises. These findings underscore how local financial development enhances firms’ disclosure incentives.

Suggested Citation

  • Hua, Ziping & Chen, Guangdong, 2025. "Urban financial institution density and corporate innovation information disclosure," Finance Research Letters, Elsevier, vol. 86(PD).
  • Handle: RePEc:eee:finlet:v:86:y:2025:i:pd:s1544612325018951
    DOI: 10.1016/j.frl.2025.108641
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612325018951
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.frl.2025.108641?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ran Yi & Yunfan Zhang & An Chen, 2026. "Does corporate climate risk promote climate response actions? Empirical evidence from China," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 31(3), pages 1-33, March.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:86:y:2025:i:pd:s1544612325018951. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.