Work

Perceptions of economic policy uncertainty and digital transformation: Evidence from China

Year: 2025

Type: article

Abstract: Purpose: This study aimed to investigate how perceptions of economic policy uncertainty affect digital transformation within enterprises, facilitating the development of more scientifically grounded transformation strategies and more precise deployment of related initiatives. Design/methodology/approach: The research focused on A-share listed companies in China from 2010 to 2022, examining the relationship between perceptions of economic policy uncertainty and digital transformation. Findings/results: The findings demonstrated that perceptions of economic policy uncertainty significantly hindered digital transformation, particularly affecting foundational technology transformation more than digital technology application transformation. Mechanism analysis identified financing challenges and managerial risk aversion as key pathways for this effect. In addition, a higher proportion of institutional investors and larger company size weakened the suppressive impact of economic policy uncertainty on digital transf

Source: South African Journal of Business Management

DOI: 10.4102/sajbm.v56i1.4993

Authors: Jia Xia, Shenglin Ma, Wei Wei

Institutions: Xi’an Jiaotong-Liverpool University, North University of China

Language: English

Topic: Digital Economy and Transformation

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: gold

Estimated APC paid: $650