Can digital transformation decrease the debt concentration?
Published in Accounting and Finance • Jan 16, 2025
NobleIDNI3P40W56R81S72
Authors:,,
Ming Li
Zilong Song
Xu Sun
Abstract
Abstract Digital transformation affects a firm's financial decisions. This study examines the relationship between digital transformation and debt concentration. Higher‐level corporate digital transformation significantly decreases debt concentration (i.e., firms prefer to choose multiple debt types...
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