Empirical Analysis of the Impact of Data Assets on Corporate Financialization Propensity

Mali Zhang

doi:10.54097/rjczjh70

Authors

Mali Zhang

DOI:

https://doi.org/10.54097/rjczjh70

Keywords:

Data Assets, Electronic Equipment Manufacturing Industry, Enterprise Financialization.

Abstract

With the development of modern information technology, data assets have emerged and grown and have even become a key factor in the turnaround of some businesses. As known, the real economy is the lifeblood of a country’s economy, and the emergence of data assets seems to be upsetting the balance between the real and virtual economies. Using five typical companies in the computer, communication and other electronic equipment manufacturing industry (CCOEEMI) as a sample, this paper applies multiple linear regression analysis to verify that the expansion of data asset size contributes to the financialization of firms. The results of the test indicate that as the size of the data assets continues to expand, the level of financialization of the firm also expands. In response to the findings, this paper also puts forward some feasible suggestions, hoping to shed some light on the management and development of data assets in the future.

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