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Factors affecting digital transformation in the cooperative sector: A study of Binh Duong province

Year: 2025

Type: article

Abstract: Digital transformation in the collective economy and cooperatives is a key policy of the Party and the State, aimed at enhancing efficiency, flexibility, and resource optimization. Despite its potential to improve production methods, increase product value, and integrate cooperatives into value chains, significant barriers remain. This study uses factor exploration with a Likert scale to identify six key factors influencing digital transformation: leadership awareness, financial resources, labor force, technical expertise, and stakeholder influence. The findings lead to proposed solutions to improve digital transformation effectiveness in cooperatives.

Source: Journal of Finance & Accounting Research

DOI: 10.71374/jfar.v25.i2.06

Authors: Hong Thu Nguyen, Quyet Thang Dao, Thi Thanh Nhan Do, Thi Thanh Ha Nguyen

Language: English

Topic: Cooperative Studies and Economics

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

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

Open Access status: bronze

OpenAlex ID: W4409564536

FWCI:

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Related to: 10