财经理论与实践2025，Vol.46Issue(3)：103-108,6.DOI:10.16339/j.cnki.hdxbcjb.2025.03.013
融资约束与企业数字化转型信息披露迎合行为
Financing Constraints and Catering Behavior of Corporate Digital Transformation Information Disclosure
摘要
Abstract
Based on the resource acquisition perspective,we consider the impact of financing con-straints on the disclosure catering behavior of firms' digital transformation based on the data of A-share manufacturing companies in Shanghai and Shenzhen from 2013 to 2023.The results show that financing constraints can induce the disclosure catering behavior of digital transformation,and it is more significant in firms with higher degree of management short-sightedness,while it is effectively suppressed in firms with higher analysts' attention and institutional investors' shareholding ratio.In view of this,it is rec-ommended to strengthen the awareness of corporate disclosure responsibility,improve the information disclosure system for digital transformation,enhance the screening ability of financial institutions,and optimize the market governance environment.关键词
数字化转型信息披露/融资约束/迎合行为Key words
digital transformation information disclosure/financing constraints/catering be-havior分类
管理科学引用本文复制引用
王治,邱妍..融资约束与企业数字化转型信息披露迎合行为[J].财经理论与实践,2025,46(3):103-108,6.基金项目
湖南省社会科学成果评审委员会重大课题(XSP2023ZDA003) （XSP2023ZDA003）
湖南省智能财会研究中心研究生专项项目(21ckzx04) （21ckzx04）
