中文体育类核心期刊

中国人文社会科学期刊AMI综合评价(A刊)核心期刊

《中文社会科学引文索引》(CSSCI)来源期刊

美国《剑桥科学文摘》(CSA)收录期刊

中国高校百佳科技期刊

数字普惠金融对体育企业全要素生产率的影响基于融资约束与财务风险的中介检验

Impact of Digital Inclusive Finance on the Total Factor Productivity of Sporting EnterprisesBased on the Mediating Test of Financing Constraints and Financial Risks

  • 摘要: 基于2014—2022年中国A股及新三板挂牌体育企业非平衡面板数据,实证检验数字普惠金融对体育企业全要素生产率的影响。结果表明:①数字普惠金融能够促进体育企业全要素生产率的提升;②根据异质性检验结果,数字普惠金融对传统金融发展水平较高地区的体育企业、非国有体育企业和中小微型体育企业全要素生产率的提升作用更大;③缓解体育企业融资约束、降低体育企业财务风险是数字普惠金融服务体育企业、提高全要素生产率的重要路径。据此为数字普惠金融推动体育企业高质量发展、助力体育企业培育新质生产力提供合理建议。

     

    Abstract: Based on the unbalanced panel data from A-shares Market and NEEQ-listed sporting enterprises from 2014 to 2022, this paper examines the impact of digital inclusive finance on the total factor productivity of sporting enterprises. The results show that: ① Digital inclusive finance services for sporting enterprises can promote the total factor productivity. ② The heterogeneity test shows that the digital inclusive finance has a greater impact on the improvement of total factor productivity of sporting enterprises in regions with better development of traditional finance, non-state-owned enterprises, and small and micro enterprises. ③ Alleviating financing constraints and reducing financial risks for sporting enterprises are crucial pathways through which digital inclusive finance services boost their total factor productivity. The research conclusions aim to provide suggestions for digital inclusive finance to support the high-quality development of sporting enterprises and cultivate new quality productive forces in the sports industry.

     

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