Commercial credit supply in the digital economy era: Impact mechanisms and differences in property rights

Ling Zhou and Yang Li

International Review of Financial Analysis, 2025, vol. 99, issue C

Abstract: Utilizing panel data from China's A-share listed companies spanning from 2017 to 2022, this paper explores the dynamics of commercial credit supply in the digital economy era. The research outcomes reveal that the advancement of the digital economy has a notable stimulatory effect on the provision of commercial credit. Concurrently, the business environment acts as a partial mediator in this process, exerting a favorable influence on commercial credit supply. Additionally, internal control also functions as a partial mediator in the digital economy's enhancement of commercial credit provision. It is worth mentioning that the development of the digital economy demonstrates a significant stimulatory effect on the commercial credit provision of enterprises regardless of their property rights, albeit with varying degrees of influence contingent upon the nature of corporate ownership.

Keywords: Digital economy; Business credit; Business environment; Internal control (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1057521925000183
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finana:v:99:y:2025:i:c:s1057521925000183

DOI: 10.1016/j.irfa.2025.103931

Access Statistics for this article

International Review of Financial Analysis is currently edited by B.M. Lucey

More articles in International Review of Financial Analysis from Elsevier
Bibliographic data for series maintained by Catherine Liu ().