Dialect diversity and enterprise digital transformation

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-05-31 DOI:10.1016/j.frl.2025.107653

Jin Yan , Zuowen Li , Yanru Li

引用次数: 0

Abstract

This paper employs panel data from Chinese listed enterprises to empirically examine the impact of dialect diversity on enterprise digital transformation. The results reveal that dialect diversity exerts a substantial negative effect on enterprise digital transformation. The underlying mechanisms highlight the critical rules of financing constraints and human capital accumulation in this process. Specifically, dialect diversity is shown to hinder enterprise digital transformation by intensifying financing constraints and impeding human capital accumulation. Heterogeneity further indicates that dialect diversity has a greater inhibiting effect on the digital transformation of small and non-state enterprises.

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方言多样性与企业数字化转型

本文采用中国上市企业的面板数据，实证检验方言多样性对企业数字化转型的影响。结果表明，方言多样性对企业数字化转型具有显著的负向影响。基本机制突出了这一过程中融资约束和人力资本积累的关键规则。具体而言，方言多样性加剧了融资约束，阻碍了人力资本积累，从而阻碍了企业数字化转型。异质性进一步表明，方言多样性对小型和非国有企业数字化转型的抑制作用更大。

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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