Digitalization of banks and inclusive finance: New insights from cultural industry's financing constraints
研究了银行数字化转型如何通过缓解信息不对称，增加对文化产业中小企业的贷款，从而推动普惠金融，并用实证数据验证了其缓解融资约束的效果和传导路径。
Abstract The emergence of digital financial technology emerges as a promising solution, allowing banks to leverage unique digital footprints to alleviate information asymmetry and mitigate the light asset company's financing constraints. Through a theoretical analysis, we reveal that the digital transformation of banks significantly increases loan allocations to SMEs within the cultural industry. This development toward inclusive finance is further substantiated by robust empirical evidence, indicating a notable alleviation of financing constraints, and confirming the quantitative and structural transmission pathways influenced by bank digitalization.