{"title":"Digital Transformation and Corporate Risk-Taking","authors":"Huanyu Ma, Xuegang Sun, Ehsan Elahi, Xiaobing Zhu","doi":"10.4018/jgim.333233","DOIUrl":null,"url":null,"abstract":"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.","PeriodicalId":46306,"journal":{"name":"Journal of Global Information Management","volume":"13 4","pages":"0"},"PeriodicalIF":4.5000,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Global Information Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4018/jgim.333233","RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"INFORMATION SCIENCE & LIBRARY SCIENCE","Score":null,"Total":0}
引用次数: 0
Abstract
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.
期刊介绍:
Authors are encouraged to submit manuscripts that are consistent to the following submission themes: (a) Cross-National Studies. These need not be cross-culture per se. These studies lead to understanding of IT as it leaves one nation and is built/bought/used in another. Generally, these studies bring to light transferability issues and they challenge if practices in one nation transfer. (b) Cross-Cultural Studies. These need not be cross-nation. Cultures could be across regions that share a similar culture. They can also be within nations. These studies lead to understanding of IT as it leaves one culture and is built/bought/used in another. Generally, these studies bring to light transferability issues and they challenge if practices in one culture transfer.