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Record W4391259705 · doi:10.54097/tz91rc08

The Impact of the Use of Fintech on Enterprise Value

2024· article· en· W4391259705 on OpenAlexaff
Xianting Ma, Mingjun Wang

Bibliographic record

VenueHighlights in Business Economics and Management · 2024
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicFinTech, Crowdfunding, Digital Finance
Canadian institutionsUniversity of British Columbia
Fundersnot available
KeywordsCollinearityValue (mathematics)BusinessIndustrial organizationEmpirical researchRegression analysisMarketingStatisticsMathematics

Abstract

fetched live from OpenAlex

With the evolution and progression of fintech, an increasing number of enterprises have introduced fintech. However, it is still unclear whether fintech can improve enterprise value in practical application. This study collected relevant data of Shanghai and Shenzhen A-share listed companies in China from 2011 to 2019, and analyze the objective impact of fintech on enterprise value by linear regression. Linear regression model was established, descriptive statistics were performed, collinearity problem was excluded, and significance level was observed. By conducting rigorous empirical research to explore the use of fintech on the value of enterprises. Through this research, it is found that the use of fintech has a significant improvement on the value of enterprises, indicating that fintech is conducive to improving the efficiency of business operations and improving their performance in the market. Further research finds that the significance level of small enterprises is significantly positive at the 5% level. It is speculated that this is because for small enterprises, the technology level is relatively backward compared with that of large enterprises. At this time, the introduction of fintech will greatly promote the development and value of enterprises. Finally, it is concluded that relevant enterprises can improve their self-value by introducing fintech.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.007
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.005
Threshold uncertainty score0.016

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.007
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.002
Science and technology studies0.0010.001
Scholarly communication0.0010.001
Open science0.0000.001
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.021
GPT teacher head0.222
Teacher spread0.200 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2024
Admission routes1
Has abstractyes

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