Fintech and Excess Commercial Credit Supply

-- A Credit-Based Perspective

DOI

10.2991/978-94-6463-538-6_38How to use a DOI?

Keywords

Fintech credit; Traditional credit; Excess commercial credit; Financing constraints

Abstract

Commercial credit supply mainly includes the operational attribute part of normal business operation and the financial attribute part of providing financial services to upstream and downstream small and medium-sized enterprises (SMEs), and the focus of this paper is on the excess commercial credit supply as a financial attribute. This paper utilizes the data of non-financial listed companies from 2013-2019 to study the impact of fintech on the excess commercial credit supply of listed companies and its mechanism of action in the two paths of fintech credit and traditional credit from the credit perspective. The study finds that in the credit perspective, the development of fintech generally reduces the supply of excess commercial banks of listed companies. Among them, traditional credit combined with fintech means reduces the supply of listed companies’ excess commercial credit, while the expansion of fintech credit scale increases the supply of excess commercial credit. The mechanism test shows that FinTech credit can reduce the supply of excess commercial credit of listed firms by alleviating the financing constraints of SMEs.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Qian Wang
PY  - 2024
DA  - 2024/10/01
TI  - Fintech and Excess Commercial Credit Supply
BT  - Proceedings of the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024)
PB  - Atlantis Press
SP  - 321
EP  - 328
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-538-6_38
DO  - 10.2991/978-94-6463-538-6_38
ID  - Wang2024
ER  -