{"title":"数字化转型会加剧还是缓解酒店和旅游公司的成熟度不匹配问题?","authors":"Bing Hu , Sihan Fan , Ke Zhang","doi":"10.1016/j.ijhm.2024.103915","DOIUrl":null,"url":null,"abstract":"<div><p>How to mitigate the maturity mismatch of corporate investment and financing is critical for the financial stability and sustainable development of hospitality and tourism firms. Given the advancement and prevalence of digital transformation and the unidentified link between digital transformation and maturity mismatch in hospitality and tourism literature, this study aims to examine whether digital transformation exacerbates or mitigates maturity mismatch in hospitality and tourism firms. Using data from listed Chinese firms and machine learning to build a digital transformation index from word frequency statistics involving “firm digital transformation” in annual reports, we found that digital transformation exacerbates maturity mismatch, especially for firms with greater financing constraints and lower financial marketization. Our research uncovers antecedents of maturity mismatch and contributes to the hospitality and tourism literature on the effects of digital transformation. It also provides practical guidance for hospitality and tourism companies to address maturity mismatch through digital transformation.</p></div>","PeriodicalId":48444,"journal":{"name":"International Journal of Hospitality Management","volume":"123 ","pages":"Article 103915"},"PeriodicalIF":9.9000,"publicationDate":"2024-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Does digital transformation exacerbate or mitigate maturity mismatch in hospitality and tourism firms?\",\"authors\":\"Bing Hu , Sihan Fan , Ke Zhang\",\"doi\":\"10.1016/j.ijhm.2024.103915\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>How to mitigate the maturity mismatch of corporate investment and financing is critical for the financial stability and sustainable development of hospitality and tourism firms. Given the advancement and prevalence of digital transformation and the unidentified link between digital transformation and maturity mismatch in hospitality and tourism literature, this study aims to examine whether digital transformation exacerbates or mitigates maturity mismatch in hospitality and tourism firms. Using data from listed Chinese firms and machine learning to build a digital transformation index from word frequency statistics involving “firm digital transformation” in annual reports, we found that digital transformation exacerbates maturity mismatch, especially for firms with greater financing constraints and lower financial marketization. Our research uncovers antecedents of maturity mismatch and contributes to the hospitality and tourism literature on the effects of digital transformation. It also provides practical guidance for hospitality and tourism companies to address maturity mismatch through digital transformation.</p></div>\",\"PeriodicalId\":48444,\"journal\":{\"name\":\"International Journal of Hospitality Management\",\"volume\":\"123 \",\"pages\":\"Article 103915\"},\"PeriodicalIF\":9.9000,\"publicationDate\":\"2024-09-10\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Hospitality Management\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0278431924002275\",\"RegionNum\":1,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"HOSPITALITY, LEISURE, SPORT & TOURISM\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Hospitality Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0278431924002275","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"HOSPITALITY, LEISURE, SPORT & TOURISM","Score":null,"Total":0}
Does digital transformation exacerbate or mitigate maturity mismatch in hospitality and tourism firms?
How to mitigate the maturity mismatch of corporate investment and financing is critical for the financial stability and sustainable development of hospitality and tourism firms. Given the advancement and prevalence of digital transformation and the unidentified link between digital transformation and maturity mismatch in hospitality and tourism literature, this study aims to examine whether digital transformation exacerbates or mitigates maturity mismatch in hospitality and tourism firms. Using data from listed Chinese firms and machine learning to build a digital transformation index from word frequency statistics involving “firm digital transformation” in annual reports, we found that digital transformation exacerbates maturity mismatch, especially for firms with greater financing constraints and lower financial marketization. Our research uncovers antecedents of maturity mismatch and contributes to the hospitality and tourism literature on the effects of digital transformation. It also provides practical guidance for hospitality and tourism companies to address maturity mismatch through digital transformation.
期刊介绍:
The International Journal of Hospitality Management serves as a platform for discussing significant trends and advancements in various disciplines related to the hospitality industry. The publication covers a wide range of topics, including human resources management, consumer behavior and marketing, business forecasting and applied economics, operational management, strategic management, financial management, planning and design, information technology and e-commerce, training and development, technological developments, and national and international legislation.
In addition to covering these topics, the journal features research papers, state-of-the-art reviews, and analyses of business practices within the hospitality industry. It aims to provide readers with valuable insights and knowledge in order to advance research and improve practices in the field.
The journal is also indexed and abstracted in various databases, including the Journal of Travel Research, PIRA, Academic Journal Guide, Documentation Touristique, Leisure, Recreation and Tourism Abstracts, Lodging and Restaurant Index, Scopus, CIRET, and the Social Sciences Citation Index. This ensures that the journal's content is widely accessible and discoverable by researchers and practitioners in the hospitality field.