Digital Transformation and Corporate Risk-Taking: Empirical Evidence From Chinese A-Share-Listed Companies

被引:7
作者
Ma, Huanyu [1 ]
Sun, Xuegang [2 ]
Elahi, Ehsan [3 ]
Zhu, Xiaobing [2 ]
机构
[1] Hebei Univ Technol, Tianjin, Peoples R China
[2] Hebei Univ Technol, Sch Econ & Management, Tianjin, Peoples R China
[3] Shandong Univ Technol, Zibo, Peoples R China
关键词
China; Corporate Governance; Corporate Risk-Taking; Digital Transformation; High-Quality Development; DIVERSIFICATION; CONSTRAINTS; INCENTIVES; GOVERNANCE;
D O I
10.4018/JGIM.333233
中图分类号
G25 [图书馆学、图书馆事业]; G35 [情报学、情报工作];
学科分类号
1205 ; 120501 ;
摘要
Researchers are studying whether digital transformation can increase corporate risk-taking. A study using data from Chinese companies between 2010 and 2019 shows that digital transformation does enhance risk-taking. This is achieved through two channels-reducing financial risk and enhancing enterprise value-and attracting media attention and improving information communication. Other factors like ownership, financing, industry competition, and policy uncertainty can also boost this effect. These findings offer significant contributions towards comprehending the influence of digital transformation on the real economy and offer practical insights to optimize the digital dividend and enhance the high-quality development of enterprises.
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页数:31
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