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FinTech, financial constraints and corporate new-quality productive forces

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  • Shen, Jiaxi
  • Zhang, Shoufu

Abstract

This paper selects relevant data of A-share listed companies in China from 2011 to 2023 as the research sample, and systematically examines the impact of fintech development on enterprises' new quality productive forces by constructing a multivariate linear regression model. The study finds that fintech promotes the enhancement of enterprises' new quality productive forces; financing constraints play a partial mediating role in the process of fintech influencing enterprises' new quality productive forces; and there are significant differences in ownership and factor intensity in the impact of fintech on enterprises' new quality productive forces.

Suggested Citation

  • Shen, Jiaxi & Zhang, Shoufu, 2026. "FinTech, financial constraints and corporate new-quality productive forces," Finance Research Letters, Elsevier, vol. 87(C).
    • Handle: RePEc:eee:finlet:v:87:y:2026:i:c:s1544612325023049
    DOI: 10.1016/j.frl.2025.109055
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    References listed on IDEAS

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