Work

Research on the Influence of Digital Transformation on the High-Quality Development of Enterprises

Year: 2024

Type: article

Abstract: In recent years, China's digital economy has developed rapidly, and the digital transformation of enterprises has become an inevitable trend. This paper takes A-share listed companies in China from 2010 to 2023 as the research sample, using total factor productivity as a basis to measure the high-quality development of enterprises. A benchmark regression model is constructed, and two mediating variables, management efficiency and financing capability, are introduced. The analysis uses OLS (Ordinary Least Squares) regression and mediation effect tests to explore the internal mechanisms by which digital transformation enhances total factor productivity in enterprises. The research shows that digital transformation can significantly promote the high-quality development of enterprises. Mechanism tests reveal that management efficiency and financing capability play mediating roles in the process of digital transformation driving high-quality development. Finally, relevant feasible suggestions are proposed with the aim of providing experience and insights to support the digital transformation of enterprises in China and promote their high-quality development.

Source: Economic society and humanities.

DOI: 10.62381/e244b17

Authors: Ming Liang, Yuanyi Liu, Wenqing Li

Institution: Lingnan Normal University

Language: English

Topic: Digital Economy and Transformation

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: hybrid

Funder: Jilin Office of Philosophy and Social Science