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Big data analytics and corporate financing constraints: Evidence from a developing country

Author

Listed:
  • Hongzhang Chen
  • Suchen Ai
  • Xiancheng Xiong
  • Dawei Feng

Abstract

Using the panel data of A‐share listed companies from 2011 to 2020, we explore the effect of big data analytics (BDA) development on corporate financing constraints. We innovatively design quantitative indicators of BDA with the help of textual methods and found that BDA can significantly mitigate corporate financing constraints after a series of robust and endogeneity test. Moreover, BDA can promote the corporate's total factor productivity (TFP) and increase the financing capacity of corporation. Overall, BDA will significantly ease corporate financing constraints.

Suggested Citation

  • Hongzhang Chen & Suchen Ai & Xiancheng Xiong & Dawei Feng, 2025. "Big data analytics and corporate financing constraints: Evidence from a developing country," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(4), pages 2224-2236, June.
    • Handle: RePEc:wly:mgtdec:v:46:y:2025:i:4:p:2224-2236
    DOI: 10.1002/mde.4099
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