Research on the impact of digital transformation on executive compensation

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-05-25 DOI:10.1016/j.frl.2025.107629

Zhen Chen , Jie Gao , Fang Li , Thithuha Nguyen

引用次数: 0

Abstract

This study investigates how digital transformation influences executive compensation using panel data from Chinese A-share listed firms (2008–-2020). The results demonstrate that digital transformation significantly increases executive compensation through two primary channels: enhancing executives’ human capital and improving firm performance. The effects are particularly pronounced in manufacturing firms and those with low marketization level. This finding supplements the new evidence on the motivations of digital transformation from the perspective of executive compensation.

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数字化转型对高管薪酬的影响研究

本研究利用2008 -2020年中国a股上市公司的面板数据，探讨了数字化转型对高管薪酬的影响。结果表明，数字化转型通过提升高管人力资本和提升企业绩效两个主要渠道显著提高高管薪酬。这种影响在制造业企业和市场化程度较低的企业中尤为明显。这一发现补充了从高管薪酬角度研究数字化转型动机的新证据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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