3701 
3081为了进一步推进资本市场的市场化改革，畅通上市公司和投资者的沟通渠道，以互联网和信息技术的发展为契机，深交所和上交所分别建立了“互动易”和“上证e互动”两个网络互动平台。为检验上市公司和投资者通过交易所网络平台互动的治理作用，文章以2010-2018年我国A股上市公司为样本，实证检验了交易所网络平台互动对企业金融化的影响。实证结果显示：交易所网络平台互动能够通过发挥治理机制显著抑制企业金融化；分组检验的结果显示，在上市公司融资约束程度较低、所处地区市场化程度较高以及产权性质为非国有时，网络平台互动对企业金融化的抑制作用更为显著；总体来看，网络平台互动质量越高，企业金融化程度越低。文章为抑制企业金融化、防范金融风险以及更好地利用交易所网络互动平台提供了参考。
网络平台互动能够抑制实体企业金融化吗？——来自交易所互动平台问答的经验证据
摘要
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引用本文
高敬忠, 杨朝. 网络平台互动能够抑制实体企业金融化吗？——来自交易所互动平台问答的经验证据[J]. 上海财经大学学报, 2021, 23(5): 50-64.
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