This paper examines the empirical relationship between technology and financial .....:

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This paper examines the empirical relationship between technology and financial .....: it tests whether real flexibility increases debt capacity by lowering default risk or decreases debt capacity by enabling shareholders to risk-shift through risky production strategies or asset substitution. (*) foundation (*) fundamentals (*) infrastructure (*) structure

This is a companion discussion topic for the original entry at https://english.best/questions/10798,this-paper-examines-the-empirical-relationship-between-technology-and-financial-___-it-tests-whether-real-flexibility-increases-debt-capacity-by-lowering-default-risk-or-decreases-debt-capacity-by-enabling-shareholders-to-risk-shift-through-risky-production-strategies-or-asset-substitution/
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“Financial infrastructure” provides the technical means for payment and cash flow.

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That’s right and in some regions of the world this infrastructure is already based on digital technologies such as blockchain entirely. It’s time to replace the ancient analogue banking system with digital solutions. Do you agree?

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