Labor protection and the digital transformation of enterprises: Empirical evidence from China's social insurance law

被引：23
作者：
Huang, Yuhong [1 ]
Gao, Yajia [2 ]
机构：
[1] South China Normal Univ, 55 Zhongshan Ave West, Guangzhou 510000, Peoples R China
[2] Party Sch Xinchang Cty Comm, 160 Yuanao Village,Qixing St, Shaoxing 312500, Xinchang County, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2023年 / 57卷
关键词：
Enterprise digital transformation; Labor protection; Digital economy;
D O I：
10.1016/j.frl.2023.104169
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Considering the implementation of the Social Insurance Law (SIL) as a quasi-natural experiment, we investigate the impact of labor protection on the digital transformation of enterprises. Our findings demonstrate that the SIL markedly expedites the digital transformation of enterprises. Mechanism analysis indicates that the SIL drives enterprises to shift their employment structure and provides important human capital conditions for digital transformation. The implementation of the law also helps to enhance the growth of enterprises, accelerating their digital transformation. Furthermore, non-state-owned and highly financing-constrained enterprises are more likely to respond to the reinforcement of labor protection by means of digital transformation.
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页数：10
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