公共数据开放能改善企业的产品市场表现吗——基于公共数据开放平台上线的准自然实验

当代财经 ›› 2025, Vol. 0 ›› Issue (2): 141-152.

公共数据开放能改善企业的产品市场表现吗——基于公共数据开放平台上线的准自然实验

杨来峰

山东大学管理学院,山东济南 250100

收稿日期:2024-07-03 修回日期:2025-01-30 发布日期:2025-02-12
作者简介:杨来峰,山东大学博士研究生,主要从事公司财务研究,联系方式851221404@qq.com。
基金资助:
国家自然科学基金青年项目“多源信息融合下非上市公司信用类债券违约预警研究”（72401114）

Does Public Data Openness Improve the Market Performance of Corporate Products? A Quasi-Natural Experiment Based on the Public Data Openness Platform Online

Yang Lai-Feng

Shandong University, Jinan 250100, China

Received:2024-07-03 Revised:2025-01-30 Published:2025-02-12

摘要/Abstract

摘要： 公共数据开放赋予了企业新的发展动能。那么,公共数据开放能否改善企业的产品市场表现?基于2007—2021年沪深A股上市公司的样本,以公共数据开放平台上线为准自然实验的研究发现,公共数据开放能显著改善企业的产品市场表现。机制检验发现,公共数据开放能通过成本优势、资金优势以及战略优势而改善企业的产品市场表现。进一步地,当企业融资能力较弱以及公共数据开放质量较高时,公共数据开放对企业产品市场表现改善的作用越强。为此,政府要积极上线公共数据开放平台,并不断提高公共数据开放质量;企业等市场主体要加强对公共数据的开发利用,建立市场竞争优势。

关键词: 公共数据开放, 产品市场表现, 数字政府, 融资约束

Abstract: Public data openness empowers enterprises with new development momentum, then, can this help them improve their product market performance? Based on the samples of A-share listed companies in Shanghai and Shenzhen stock exchanges from 2007 to 2021, this paper conducts a quasi-natural experiment with the online public data openness platform. The findings show that public data openness can significantly enhance the product market performance of enterprises. The mechanism test finds that public data openness can help firms improve their performance in the product markets through the cost advantage, the financial advantage, and the strategic advantage. Further, when firms’ financing ability is weaker or the quality of public data openness is higher, the effect of public data openness on firms’ performance in the product market will be stronger. To this end, the government should actively launch public data open platforms and continuously improve the quality of public data openness; while enterprises and other market entities should strengthen the development and utilization of public data, and establish market competitive advantages.

Key words: public data opening, product market performance, digital government, financing constraints

中图分类号:

F272.2
293

杨来峰. 公共数据开放能改善企业的产品市场表现吗——基于公共数据开放平台上线的准自然实验[J]. 当代财经, 2025, 0(2): 141-152.

Yang Lai-Feng. Does Public Data Openness Improve the Market Performance of Corporate Products? A Quasi-Natural Experiment Based on the Public Data Openness Platform Online[J]. Contemporary Finance & Economics, 2025, 0(2): 141-152.

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