IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v99y2026ics1544612326004162.html

Economic logic of platform-based transformation: Policy effects of platform antitrust regulation

Author

Listed:
  • Zhang, Jingying
  • Wang, Chunyong
  • Yu, Yingqi

Abstract

Using Chinese A-share listed companies during 2010–2023, this study examines how platform transformation impacts firm value and the moderating effect of platform antitrust regulation. A quantitative indicator of platform transformation is developed through textual analysis of annual reports, with empirical tests using fixed-effects, mediating, and moderating-effect models. Results show that platform transformation significantly enhances firm value, in part through increased business complexity and strategic uniqueness. Further analysis reveals that platform antitrust regulation positively moderates this relationship by restraining monopolistic behavior and guiding the creation of compliant value.

Suggested Citation

  • Zhang, Jingying & Wang, Chunyong & Yu, Yingqi, 2026. "Economic logic of platform-based transformation: Policy effects of platform antitrust regulation," Finance Research Letters, Elsevier, vol. 99(C).
    • Handle: RePEc:eee:finlet:v:99:y:2026:i:c:s1544612326004162
    DOI: 10.1016/j.frl.2026.109886
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612326004162
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2026.109886?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:s1544612326004162. 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.