Digital transformation and enterprise outward foreign direct investment

被引：2
|
作者：
Wang, Guiying [1 ]
Lamadrid, Richel L. [1 ]
Huang, Yu [2 ]
机构：
[1] St Louis Univ, Sch Adv Studies, Baguio 2600, Philippines
[2] Mian Yang Teachers Coll, Sch Informat Engn, Mianyang 621000, Sichuan, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 65卷
关键词：
Digital transformation; Outward foreign direct investment; Overseas operational costs; Technological innovation capabilities; EMISSION;
D O I：
10.1016/j.frl.2024.105593
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This research empirically investigates the influence of digital transformation on firms' outward foreign direct investment (OFDI), utilizing data from A-share listed companies in Shanghai and Shenzhen from 2009 to 2022. The results indicate that digital transformation notably enhances OFDI. Robustness tests further confirm the dependability and relevance of the study's findings. This effect is particularly evident in state-owned enterprises, companies operating in fiercely competitive industries, and executives with international backgrounds. Mechanism analysis suggests that digital transformation drives OFDI by reducing overseas operational costs and enhancing technological innovation capabilities.
引用
收藏
页数：9
相关论文
共 50 条
  • [1] Geopolitical risk, digital transformation, and corporate outward foreign direct investment
    Wen, Yunze
    Tao, Yuanhong
    Tang, Haoyun
    FINANCE RESEARCH LETTERS, 2024, 69
  • [2] The influence of digital transformation on Chinese firms' outward foreign direct investment
    Zhu, Lijun
    FINANCE RESEARCH LETTERS, 2025, 72
  • [3] Does Digital Transformation Affect Outward Foreign Direct Investment Performance? Evidence from China
    Wu, Si
    Liu, Xiaolong
    Xiang, Yuchen
    Liu, Zaiqi
    Fan, Minhao
    SUSTAINABILITY, 2025, 17 (02)
  • [4] The uniqueness of Chinese outward foreign direct investment
    Robins, Fred
    ASIAN BUSINESS & MANAGEMENT, 2013, 12 (05) : 525 - 537
  • [5] The uniqueness of Chinese outward foreign direct investment
    Fred Robins
    Asian Business & Management, 2013, 12 : 525 - 537
  • [6] China's outward foreign direct investment
    He, Wei
    Lyles, Marjorie A.
    BUSINESS HORIZONS, 2008, 51 (06) : 485 - 491
  • [7] Outward Foreign Direct Investment from Malaysia
    Yean, Tham Siew
    Nee, Teo Yen
    Yi, Andrew Kam Jia
    JOURNAL OF SOUTHEAST ASIAN ECONOMIES, 2015, 32 (03) : 358 - 374
  • [8] Outward Foreign Direct Investment and Economic Development
    Murthy, Bhanu K., V
    TRANSNATIONAL CORPORATIONS REVIEW, 2015, 7 (03) : 279 - 296
  • [9] Outbound tourism and outward foreign direct investment
    Cao, Yunhui
    Du, Kerui
    ANNALS OF TOURISM RESEARCH, 2024, 105
  • [10] Outward foreign investment performance, digital transformation, and ESG performance: Evidence from China
    Khurram, Muhammad Usman
    Abbassi, Wajih
    Chen, Yifan
    Chen, Lifeng
    GLOBAL FINANCE JOURNAL, 2024, 60
12345