Informal financing access: Can fintech development affect trade credit access?

Juecen Liu, Mengxuan Tang, John W. Goodell and Yang Hu

Finance Research Letters, 2025, vol. 71, issue C

Abstract: This paper investigates the relationship between fintech development and corporate trade credit access for Chinese listed companies between 2011 and 2022. The empirical results provide evidence that fintech development is significantly and positively associated with a firm’s access to trade credit. We also demonstrate that information asymmetry is a possible economic channel. In addition, fintech has more pronounced positive effects on the credit trade of non-state-owned enterprises and firms with high financing costs. Our primary findings are not driven by alternative measures and endogeneity concerns.

Keywords: Fintech development; Corporate trade credit; Information asymmetry; China (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324014454
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:finlet:v:71:y:2025:i:c:s1544612324014454

DOI: 10.1016/j.frl.2024.106416

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().