The Influence of Digital Financial Inclusion on Corporate Finance Limitations - An Examination through Empirical Evidence from China's A-Share Listed Firms

As digital inclusive finance continues to progress, it will increasingly have a greater financial influence on businesses. This is because digital inclusive finance is essential to the growth of businesses. In order to verify the influence of digital inclusive finance on enterprise financing constraints, this paper builds an empirical analysis model using data from A-share listed enterprises over a 10-year period, from 2012 to 2021. It also analyzes the impact of digital inclusive finance on enterprise financing constraints from a financial perspective. The findings demonstrate that corporate funding limitations can be successfully reduced via digital inclusive finance, with this effect being more pronounced in non-state-owned businesses.