The impact of digital transformation on the efficiency of corporate resource allocation: Internal mechanisms and external environment

IF 12.9 1区管理学 Q1 BUSINESS

Technological Forecasting and Social Change Pub Date : 2025-03-23 DOI:10.1016/j.techfore.2025.124107

Li Jiang, Bin Li, Min Zhang

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Abstract

Amid unprecedented changes, firms face significant challenges, with digital transformation emerging as a key driver of strategic upgrading and sustainability. Based on organizational change theory and a corporate perspective, this paper empirically explores how digital transformation impacts resource allocation efficiency, using data from China's A-share listed companies between 2007 and 2022. The findings indicate that digital transformation significantly enhances resource allocation efficiency, though its impact varies. Mature firms, those with higher industry competitiveness, and firms in eastern China benefit more. Mechanism tests reveal that digital transformation improves resource allocation efficiency through technological innovation, process optimization, and strengthened internal control. Additionally, external factors such as microenvironmental and macroenvironmental uncertainty strengthen this effect. This study provides micro-level evidence regarding the effect of digital transformation on resource allocation efficiency and offers theoretical insights for governments and businesses to allocate resources more effectively in the digital era.

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来源期刊

Technological Forecasting and Social Change Multiple-

CiteScore

21.30

自引率

10.80%

发文量

813

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