IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v99y2026ics1544612326003454.html

Digital asset holdings, financial risk, and financial reporting opacity

Author

Listed:
  • Liu, Jie
  • Guo, Ting

Abstract

This paper empirically examines the relationship among digital asset holdings, financial risk, and the opacity of corporate financial reporting using data from Chinese A-share listed companies over the period 2014–2023. It further investigates the mediating role of financial risk in this relationship. The results show that greater digital asset holdings are associated with lower financial reporting opacity. Financial risk serves as an important mediating channel through which digital asset holdings affect the opacity of corporate financial reporting. In addition, this mediating effect varies across firms with different levels of artificial intelligence application. Overall, the study offers a new perspective on the impact of digital asset holdings on corporate financial transparency and provides practical evidence for policymaking and the improvement of corporate information disclosure practices.

Suggested Citation

  • Liu, Jie & Guo, Ting, 2026. "Digital asset holdings, financial risk, and financial reporting opacity," Finance Research Letters, Elsevier, vol. 99(C).
    • Handle: RePEc:eee:finlet:v:99:y:2026:i:c:s1544612326003454
    DOI: 10.1016/j.frl.2026.109815
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612326003454
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2026.109815?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.

    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:99:y:2026:i:c:s1544612326003454. 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.