Research on FinTech Reshaping Enterprise Investment and Financing Modes from the Corporate Finance Perspective

Abstract

The traditional financial system has long suffered from structural drawbacks. Issues such as an imperfect information disclosure mechanism and a simplistic risk pricing model have persisted for a long time, thereby artificially raising the transaction costs in the investment and financing processes of real enterprises, restricting the flexibility of enterprises' capital operations, and hindering the cultivation and growth of enterprises' long-term value. Based on the theories of corporate finance, information asymmetry, and transaction costs, this paper deeply analyzes the internal logic of how fintech enables the upgrading of enterprises' investment and financing, and also outlines the specific paths for its implementation. Leveraging the technological advantages of digitalization and intelligence, fintech has broken through the time and space limitations and mode barriers of traditional financial services, effectively expanding the financing channels for enterprises, avoiding subjective human biases in investment decisions, and effectively alleviating the financing difficulties commonly faced by small and medium-sized enterprises. It continuously optimizes the allocation efficiency of capital in the market. However, during the process of industrial implementation, the deep integration of fintech and the real economy still faces numerous obstacles. Problems such as uneven digital literacy among market entities, imperfect data governance systems of financial institutions, technical loopholes in algorithm models, and lagging iterations of industry regulatory systems all to some extent weaken the enabling efficacy of digital finance. In response to these practical challenges, this paper builds a collaborative optimization framework involving enterprises, financial institutions, and regulatory authorities, providing effective theoretical support and practical references for digital finance to deeply penetrate the real economy and empower industrial development, and helping real enterprises achieve stable and high-quality long-term development.